Pebble Beach sales continue to remain strong in the month of April. The highest sale was for a lovely residence with ocean views located on Riata road that sold for $4,650,000. This amazing fairytale like abode was situated 2 blocks from Pebble Beach Lodge, and tucked neatly behind a magical gated wall. The estate showcased 5 bedrooms, 4 full baths, 2 half baths, huge family room, two master suites, ocean views, over 5,000 sq. ft. and an out-of-this-world kitchen. The lowest sale in Pebble Beach was for a home located on Forest Way that sold for $550,000. This home featured 2 bedrooms, and 2 baths, it was 1675 SF.
April Property sales were 9, up 125.0% from 4 in April of 2010 and 10.0% lower than the 10 sales last month. April 2011 sales were at their highest level compared to April of 2010 and 2009. April YTD sales of 32 are running 3.2% ahead of last year’s year-to date sales of 31. The Median Sales Price in April was $800,000, down 10.6% from $895,000 in April of 2010 and down 47.5% from $1,525,000 last month. The Average Sales Price in April was $1,740,167, up 82.5% from$953,750 in April of 2010 and down 18.1% from $2,124,500 last month.
Click on the link to preview all homes for sale in Pebble Beach.
To read the detailed Pebble Beach Homes Market Action Report for April 2011. Click the link below:
Pebble Beach Homes Market Action Report Real Estate Sales for April 2011
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