Carmel Ca Homes Market Action Report Real Estate Sales for Mar 2011

The highest home sale in Carmel for the month of March was for a lovely home located on Monte Verde street, which sold for $3,522,500.  This luxurious home was 2166 SF situated on a larger lot with a 2 car garage.  The last 5 months in Carmel have seen a steady increase in unit sales and a increase in median sales.  All good news for sellers.

March Property sales were 22, up 29.4% from 17 in March of 2010 and 10.0% higher than the 20 sales last month.  March 2011 sales were at their highest level compared to March of 2010 and 2009.  March YTD sales of 58 are running 56.8% ahead of last year’s year-to-date sales of 37.

The Median Sales Price in March was $1,055,000, up 38.8% from $760,000 in March of 2010 and down 0.4% from $1,059,000 last month. The Average Sales Price in March was $1,379,893, up 34.8% from $1,023,735 in March of 2010 and up 10.8% from $1,245,313 last month.

For the detailed March report click the link below.

Carmel Homes Market Action Report Real Estate Sales for Mar 2011

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