Pebble Beach home sellers should rejoice! Sales were up 500% for the month of Sept 2010. The highest sale in Sept 2010 was for a home situated on Arroyo Drive that sold for $1,500,000 this home was 2404 Sqft, updated – remodeled, located on the second hole of MPCC dunes course.
September Property sales were 6, up 500.0% from 1 in September of 2009 and the same as the 6 sales last month. September YTD sales of 65 are running 35.4% ahead of last year’s year-to-date sales of 48.
The Median Sales Price in September was $1,057,500, up 29.8% from $815,000 in September of 2009 and down 4.5% from $1,106,900 last month. The Average Sales Price in September was $1,029,983, up 26.4% from $815,000 in September of 2009 and down 7.0% from $1,107,967 last month.
The Total Inventory of Properties available for sale as of September was 113, down 1.7% from 115 last month and down 7.4% from 122 in September of last year. September 2010 Inventory was at its lowest level compared with September of 2009 and 2008.
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Pebble Beach Homes Market Action Report Real Estate Sales for Sept 2010
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