Real Estate guide for Carmel and Pebble Beach.

Start your journey for a new home here at Homes in Carmel .com. The Internet is a key source for home buyers. 42% of home buyers purchased a home they found on the Internet. You will find it extremely easy to use and gives you full access to search property details, including photographs, of the current real estate for sale in Carmel and Pebble Beach. Homes in Carmel .com provides an Internet platform for sellers and buyers of homes in Carmel and Pebble Beach. Real Estate MLS information, including daily updates on new listings, is available not only for Carmel and Pebble Beach but for homes in Carmel Valley, Monterey, Pacific Grove and surrounding areas.

Nationwide, home contract activity is at its highest level since April 2010 and pending sales, according to the National Association of Realtors (NAR) have been above year ago levels for each of the last two years. The Real Estate market in Carmel and Pebble Beach is seeing notable increases in every segment of the market and the market is expected to continue to grow for at least the next several years. We publish a weekly snapshot and a 120 day summary of Carmel and Pebble Beach real estate transactions to keep buyers and sellers well-informed with real, local data..

Carmel Real Estate News - May 31st 2014

Sales of Homes in Carmel over the $1M mark are really strong. Overall the market seems to be balanced, but inventory levels are significantly down, which could lead to some buyer competition. Buyers are now also looking at homes that need need to be remodeled, and factoring that into their buying decision. There are more cash buyers than normal with short escrow times because buyers sense that prices are going to rise fast. In Carmel there were six new listings and nine sales this week. At any time, you can easily find the very latest listings by watching the New MLS Listings slide show on this page.

For a larger picture of Real Estate sales, 94 homes have sold in the last 120 days (01/31/14 to 05/31/14). Average $/sq. ft. is $839 and Average DOM is 109 days. 31 homes were $1M or under and one home was REO property.

Pebble Beach Real Estate News - May 31st 2014

Every market is unique is some way, making it difficult to get an accurate view of the differences in the local markets. This was the reason why we report Pebble Beach Real Estate separately from Carmel Real Estate. . There was one new listings and three sales this week.

Real Estate sales for 01/31/14 to 05/31/14 were 49 homes. 16 homes were $1M or under, and one home was a REO property. Average DOM is 149 days and average $/sq. ft. is $626.

Author: Ian Milne

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This Web site is not the official Web site of Alain Pinel Realtors. Alain Pinel Realtors does not make any representation or warranty regarding any information, including without limitation its accuracy or completeness, contained on this Web site.

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Market Snapshot

Market data for week ending 05/31/14

Carmel Real Estate
6New ListingsCarmel New Listings2 over last week
0Price IncreaseCarmel Price Increase0 over last week
4Price DecreaseCarmel Price Decrease1 over last week
8 PendingCarmel Homes Pending3 over last week
9 SoldCarmel Homes Sold4 over last week
Pebble Beach Real Estate
1 New ListingsPebble Beach New Listings1 over last week
0 Price IncreasePebble Beach Price Increase0 over last week
1 Price DecreasePebble Beach Price Decrease4 over last week
0 PendingPebble Beach Homes Pending1 over last week
3 SoldPebble Beach Homes Sold0 over last week

The data for this article was compiled from the Monterey Association of Realtors Multiple Listing Service and may not reflect all real estate activity. The Association does not guarantee or is responsible for the accuracy of the above data.

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