The new homes being sold in Carmel Valley are about the best thing that could happen for the resale market. Buyers get to secure their place on 'the list', and use it as a marker for resale comparisons over the next 3-6 months while waiting for their number to come...
A fairly standard offering of a CV McMansion - most of which have been selling with little problem, though $2,000,000 seems to be the ceiling:
This is what it has come to in the 92130. Currently there are 30 detached-homes listed under $1,000,000, and most are either detached condos, old junkers, or in the Poway School District - none of which are a bad thing. But if you want to buy a decent, regular house...
You can tell that this camera has an auto-adjust feature to increase exposure - look at how much light is coming through the windows. The house was darker in person:
This is today's entry-level special for Carmel Valley (this is the seventh-cheapest listing out of 113 houses for sale in the 92130):
This Carmel Valley house with minimal upgrades (refaced kitchen cabinets) but nice exterior was listed on May 31st just as the frenzy was peaking. It listed on the range $999,000 - $1,099,000, and the buyers snapped it up during the first six days on market (and paid...
Here are two Carmel Valley houses for sale that look similar on paper - but the market says they aren't. What are the differences that matter?
If the market keeps booming, it's because ones like this keep selling:
It is still very active in Carmel Valley (67 new listings and 50 new pendings in the last 30 days), but there are houses not selling. Here is an example of one that's asking $1,000,000+ for 2,556sf that backs to Carmel Mountain Rd:
The primo real estate around Carmel Valley has been cooking. I counted 12 active listings, and eight pendings of canyon-front homes currently, plus the closed sales since April 1st are almost double last year's total - with average pricing nearly 20% higher too: This...
