Carmel Ca Homes Market Action Report for Real Estate Sales July 2010
Continued good news for home sellers in Carmel Ca who are looking to sell their home. In the month of July 2010 there were 17 homes that closed escrow, an increase of 30.8% from June 2010 sales, and up 13.3% over July 2009. Many other areas of California are still experiencing a declining market in total sales, whereas Carmel Ca home sales continues to remain strong.
The highest home sale in July was a property that sold on Carmelo street in the Southwest community of Carmel, this charming Carmel property sold for $2,200,000, the house was 1963 Sqft and was situated on a 5000 Sqft lot. DOM was ZERO meaning this home sold the same day! The lowest home sale for the month of July in Carmel Ca was $414,000 for a 2023 Sqft home on a 1/4 acre lot. DOM was 136 days this home was an REO sale, the home had several zoning issues and was basically a tear down or major fixer upper.
The July median sales price was $1,150,000 up 4.5% from July 2009, and down 28.1% from $1,600,000 last month. Remember June we had a large sale in Carmel over 4 million which caused MSP to be on the high side. The average sales price is down from July of 2009, however the good new is this lower average sales price is super attractive to buyers wanting a home in Carmel Ca.
If you want to list and sell you home with a Carmel Ca homes marketing expert please call Nicole Truszkowski at 831-238-7449. If you are a buyer wanting to purchase a primary residence or vacation home in Carmel Ca please call Nicole Truszkowski and she will help you find the best priced Carmel Ca homes sure to exceed all of your expectations. Remember real estate markets are very specific to the local regions, don’t believe all the bad news you hear in the newspapers, many times these negative reports are based on nationwide market trends. Carmel real estate sales and buying opportunities are excellent. You will hate yourself if you miss this amazing market to become a home owner in Carmel Ca considering interest rates are the lowest in history! Don’t delay call Nicole Truszkowski today and find your Carmel-by-the-Sea dream home today 831-238-7449.