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.