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Pebble Beach Homes Market Action Report Real Estate Sales for Mar 2011

May 2, 2011 by Nicole Leave a Comment

The notable luxury Pebble Beach sale was for a ocean front property on 17 Mile drive that sold for $6,500,000.  This stunning residence  was designed & constructed to bring a small piece of France’s Normandy coast to Pebble Beach, the result, a unique residence of unbelievable detail.  This estate showcased 4 Bd., 3.5 Ba, country kitchen, formal dining, limestone floors, 3-car garage an ocean-view master suite and  french doors leading to ocean-view terraces and cozy courtyards.

March Property sales were 10, up 25.0% from 8 in March of 2010 and 150.0% higher than the 4 sales last month.  March 2011 sales were at their highest level compared to March of 2010 and 2009.  March YTD sales of 23 are running 14.8% behind last year’s year-to-date sales of 27.

The Median Sales Price in March was $1,525,000, up 8.7% from $1,403,250 in March of 2010 and down 38.9% from $2,495,000 last month.  The Average Sales Price in March was $2,124,500, down 14.4% from $2,482,842 in March of 2010 and down 13.7% from $2,462,500 last month.  The Total Inventory of Properties available for sale as of March was 115, equal to 115 last month and down 1.7% from 117 in March of last year.  March 2011 Inventory was at its lowest level compared with March of 2010 and 2009.

Click on the link to preview all homes for sale in Pebble Beach.

To read Pebble Beach March 2011 Market Action Report in detail click the link below:
Pebble Beach Homes Market Action Report Real Estate Sales for Mar 2011

Filed Under: Market Reports, Pebble Beach Market Reports Tagged With: CA, CA Homes, CA homes for sale, CA Real Estate, Carmel, Carmel Blog, Carmel Homes, Carmel Homes for Sale, Carmel Homes Sold, Carmel Market, Carmel Real Estate, Carmel Real Estate for Sale, Carmel Real Estate Market, Carmel Realtor, Carmel Realty, Del Paso Homes, Del Paso Market, Del Paso Real Estate, Del Paso Real Estate Blog, Del Paso Real Estate Market, Del Paso Realtor, Del Paso Realty, Monterey, Monterey Real Estate, Monterey Real Estate for Sale, Nicole Truszkowski, Pacific Grove Real Estate, Pebble Beach, Pebble Beach Condos, Pebble Beach homes, Pebble Beach Market, Pebble Beach Real Estate, Pebble Beach Realtor, Pebble Beach Realty, Real Estate Carmel, Real Estate Monterey, Tehama Blog, Tehama Homes, Tehama Real Estate, Tehama Realtor, Tehama Realty, Tehama Realty Blog

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