From the desk of Nicole Truskowski, your Weekly Luxury Market Report for Carmel and Pebble Beach Real Estate for the week of April 16th
Pebble Beach Real Estate
The market showed signs of slowing down last week with no new luxury homes coming on to the market. However there were 4 new escrows (up from last week) including a property on 17 mile drive which is situated on the 2nd fairway of the famed Pebble Beach Golf Course with gorgeous Ocean views. It spent 259 days on the market before going into contract and was originally listed for $13 million but after 4 months the price was lowered to $10 million. It is scheduled to close on May 12th.
3 closed sales last week, one I’d like to point out is a Mediterranean Residence located within the Country Club West neighborhood with Golf Course & Ocean Views that has been on and off the market since 2010. It spent 599 days on the market before it closed for $2,350,000.
Click on the link to search the most up-to-date information on available Pebble Beach homes for sale.
Carmel Real Estate
The Carmel market remained steady again this past week with 10 new listings (same as last week). One in particular is an extensively remodeled, from the studs up home on Casanova. It was last on the market in 2009 and sold for $2,600,000 but with the renovation and key location is now listed for $3,950,000.
9 new escrows this week which is a little down from the previous week. I’d like to mention that the home I featured last week as a new listing, 12 Touche Pass in the Preserve area, has since gone into contract after only 11 days on the market and a list price of $5,250,000.
There were 8 closed sales. A home on San Antonio Ave in the Carmel Point neighborhood, which went pending after 7 days on the market back in the beginning of March, closed last week for $2,600,000.
Click her to search the latest available Carmel homes for sale.
Stay tuned for next weeks, Weekly Update. Until then check out some of the fun things happening around town this week.
1. 4/16 – 4/18 – Monterey Springfest Horse Show at the Monterey Fairgrounds.
2. 4/16 – 4/19 – Sea Otter Classic at Laguna Seca Raceway
3. 4/17 – 4/19 – 54th Annual Wildflower Show at the Pacific Grove Museum of Natural History
4. 4/18 – 4/19 – Monterey Symphony Concert V: Majestic Realm at the Sunset Center
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