November Property sales were 12, up 100.0% from 6 in November of 2009 and 42.9% lower than the 21 sales last month. November 2010 sales were at their highest level compared to November of 2009 and 2008. November YTD sales of 158 are running 14.5% ahead of last year’s year-to-date sales of 138. The signature luxury sale was for a estate located on Via Del Milagro in Pasadera Golf & Country Club, that sold for $1,995,000. A wonderful one story home showcasing almost 5000 Sqft and situated on 3/4 of an acre.
The Median Sales Price in November was $553,000, down 2.6% from $567,500 in November of 2009 and down 24.2% from $730,000 last month. The Average Sales Price in November was $817,158, up 37.4% from $594,833 in November of 2009 and down 1.4% from $828,701 last month. November 2010 ASP was at the highest level compared to Nov 2009 & 2008.
The Total Inventory of Properties available for sale as of November was 108, down 16.3% from 129 last month and down 16.9% from 130 in November of last year. Detailed information can be downloaded in the report below for Nov 2010 Salinas Monterey Highway real estate sales.