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Salinas Monterey Highway Homes Market Action Report Real Estate Sales for Sept 2010

December 25, 2010 by Nicole Leave a Comment

Wow! September 2010 real estate sales for the Salinas Monterey Highway were amazing, the second highest monthly sales performance in 36 months.  The most remarkable sales was a short sale property that sold in Pasadera Country Club for $1,990,000.  This luxurious 8200 Sqft home was an amazing value, built in 2008, showcasing amazing views, and an infinity pool.

Now is the time to buy as 24 new home owners discovered in the month of Sept.  Call Nicole Truszkowski to find amazing homes located along the Salinas Monterey Highway corridor 831-238-7449.

September Property sales were 24, up 100.0% from 12 in September of 2009 and 140.0% higher than the 10 sales last month. September 2010 sales were at their highest level compared to September of 2009 and 2008.  September YTD sales of 125 are running 13.6% ahead of last year’s year-to-date sales of 110.

The Median Sales Price in September was $572,500, up 5.0% from $545,000 in September of 2009 and up 9.0% from $525,000 last month. The Average Sales Price in September was $800,691, up 29.9% from $616,250 in September of 2009 and up 12.9% from $709,150 last month. September 2010 ASP was at a mid range compared to September of 2009 & 2008.

The Total Inventory of Properties available for sale as of September was 130, down 7.1% from 140 last month and down 12.8% from 149 in September of last year. September 2010 Inventory was at its lowest level compared with September of 2009 and 2008.  For more detailed information download the attached report.

Salinas Monterey Highway Homes Market Action Report for Real Estate Sales for Sept 2010

Filed Under: Salinas Monterey Highway Market Reports

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