Carmel Ca Homes Market Action Report for Real Estate Sales June 2010

Postive sales activity for Carmel Ca real estate in the month of June 2010 with 12 homes closing escrow. The highest sale was on Camino Real and 13sth street for $3,437,500 for a 2280 SF home on a 6969 SF lot in the community of Southwest Carmel. The low sale was $570,000 for a 1893 SF home on Via Riviera in Carmel Hills.

Inventory levels of homes in Carmel was 204, this is highest level seen in our Carmel market in 24 months. The U.S Open Golf Championship at Pebble Beach Golf Links in June encouraged many home owners thinking about selling to list their home and test the market. Many home owners anticipated the heavy tourist traffic and international visitors to our community would jump start real estate activity. Typically history has showen that sales volume will increase up to six months after a major event like the U.S. Open Golf Championship. Tune in to our upcoming market reports…we will see if history will repeat itself.

June sales for 2010 were up 50% from June of 2009, the median sales price was $1,627,500 up 16.5 % from June in 2009. The overall pulse and activity in the market is good, buyers are motivated to make offers and sellers are willing to negotiate if prices match the real market statistics. Preview the detailed analysis below for Carmel Ca homes market sale trends before you buy or sell you Carmel Ca home.

Market Action Report – City_ Carmel – Jun2010

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