The new listings for homes in Carmel are, on Lincoln & Santa Lucia for $4.25M, on Hatton Rd. for $2.249M, on Lincoln St. for $775K, on Carmelo & 10th for $1.45M, on Hatton Rd. for $2.495M, on Handley Rd. for $699K, on Aquajito for $1.975M, and on Ladera Dr. for $2.1M. At any time, you can easily find the latest listings by watching the New MLS Listings slide show on this page or by clicking on the address link.
There were five new listings and one sale for Pebble Beach. The new listings are on Larkin Rd. for $895K, a REO on Congress Rd. for $675K, on Ronda Rd. for $2.495M, on Spruance Rd. for $1.1785M, and on Larkin Rd. for $842.8K.
There was one price increase for Carmel Real Estate, on Lincoln St. from $649K to $775K.
Threeteen homes decreased in price, continuing to sustain buyers feelings that there is still room to negotiate on asking price. In Carmel seven homes had a price decrease, on Camino Real & Ocean from $2.9M to $2.375M, on Scenic Rd. from $8.5M to $6.95M, on 2nd & Lincoln form $1.395M to $1.199M, on Mountain View from $1.995M to $1.969M, on San Luis Ave. from $1.095M to $1.029M, on Dolores St. from $1.295M to $1.1M and a REO on Lazarro Dr. from $950K to $920K. In Pebble Beach six homes had a price decrease, on Congress Rd. from $1.499M to $1.149M, on Whales Way from $1.195M to $1.15M, on Portola Rd. from $5.25M to $3.79M, on Vaquero Rd. from $987.5K to $870K, on 17 Mile Dr. from $4.25M to $3.95M, and on Congress Rd. from $1.349.5M to $1.295M.
This week there were four homes in Carmel that sold and one in Pebble Beach, seeming to endorse the views above. The Carmel Real Estate sales were on Torres & 8th for $1.175M after 383 Days on Market (DOM), on San Carlos & 9th for $1.175M after 333 DOM, on Guadalupe St. for $925K after 17 DOM, and on Outlook Dr. for $870K after 39 DOM. The Pebble Beach real estate sale was on Lopez Rd. for $1,127,500 after 297 DOM.
For a larger picture of Carmel Real Estate sales, 90 homes have sold in the last 120 days (1/27/12 to 5/26/12). Ranging from $8,100,000 for a home on Scenic & 8th to $323,000 for a REO on Mission & 4th. Average DOM is 157 days and average $/sq. ft. is $619. 40 homes in Carmel were $1M or under and 12 homes were REO properties. Pebble Beach Real Estate sales were 48, from $6.75M for a home on 17 Mile Dr. to $395K for a house on Shepherds Knoll and 8 were REO properties. 22 homes were $1M or under. Average DOM is 170 days and average $/sq. ft. is $489.