Uncategorized December 28, 2014

Carmel Valley – Current Market Report for December

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Carmel Valley Home Market Report

The median list price for a single-family home in Carmel Valley this week is $1,387,450, representing a slight upward trend compared to previous weeks. The least expensive active home in Carmel Valley is $829,000, while the most expensive list price is $10,000,000. With 76 active listings, the average days on the market for these homes has increased to 116 days, with half the listings coming on the market in the last 90 days. Fifty-four percent of the sellers who have listed their homes in Carmel Valley have taken a price decrease. We have seen a decrease in inventory over the last few weeks with a high level of demand.

What does this mean for a home seller? If you are looking to sell your home in this market in Carmel Valley, prices in the 92130 have hit another all-time high this week. Sellers are benefiting greatly, as prices continue to march higher, and home sales outstrip supply. In other words, Carmel Valley is a seller's market; it's a great time to sell!

Carmel Valley Size of Homes and Lots

Carmel Valley has a variety of spacious floor plans. The listed homes currently have an average of 3649 square feet, while the average asking price per square foot has not changed this week at $422. The lots of these Carmel Valley homes range from 8,001 – 10,000 square feet.

Below is a breakdown of this week's 4 Quartiles of homes in Carmel Valley.

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It is clear to see that homes in Carmel Valley in each quartile have settled at a price plateau across the board. All segments are showing high levels of demand, with higher priced homes taking longer to sell than in the lower quartiles.

To access more detailed information of all Carmel Valley homes on the market, search CARMEL VALLEY HOMES. Do you need a tour of this neighborhood…we schedule tours almost daily…let us know!

Feel free to contact me about questions about Carmel Valley or with any other areas of San Diego. You can contact me via email at jeffallenbales@gmail.com or personal line at (858) 461.9331. I look forward to working hard for you.

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