More tidbits from around town:
Jambalaya
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Carmel Valley
Lexington Plan 2
This is mid-level pricing for a premier location near Sage Canyon:
CV Drying Up Under $1M
You'd think there might be some resistance on this one, but it only took 24 days to go pending. There are 20 houses for sale under $1,000,000 in the 92130, and 19 have closed in the last 30 days:
The Fixer Disguise
If you are buying, look hard at what's being offered:
CV Rolling
There hasn't been much hesitation around Carmel Valley, though the designated school, Ashley Falls, had to help this sale. An inferior model-match closed for $975,000 in February - but this still went pending within 7 days:
Home Price Reductions
It is natural for home sellers to resist lowering their price. No matter what the evidence is, we want to believe that there has to be other alternatives. The blame game usually starts early too, and virtually everyone makes the list: 1. The agent isn't doing enough....
Carmel Valley-ish
This house is within the vaunted 92130 zip code, but on the east side and in the Poway School District - where you can save a bundle of money, comparatively. Similar houses that are further west (and half the distance to the I-5) and in the DM/SB school districts are...
My New CV Listing
Our new listing in Carmel Valley - open 12-3pm this weekend! ($367/sf) http://www.redfin.com/CA/San-Diego/12448-Cavallo-St-92130/home/4513497
Squishy
An example of what I mean when the market turns squishy - the inferior homes have more trouble selling because the gap between them and superior homes is widening :
CV Central
This agent said that he does professional videos of his listings, but doesn't share them with agents - they are for his clients only. Isn't it in the seller's best interest....oh never mind. Last month the Carmel Valley average cost-per-sf was $380/sf - last September...
