While other parts of the world are crying the blues relating to home values and real estate sales, Carmel Ca home sales have been booming and the year to date sales are up 35 percent. Sellers have had to make very small adjustments on listing price as median sales price is down four-tenths of a percent from a year ago, but buyers are getting more house for their dollar spent. The Monterey County Association of Realtors statistics show there were 122 homes sold in Carmel through July 31 this year, up from 90 for the same period last year. A detailed Carmel Home Market Analysis can be read every month at Estates of Carmel under the tab Market Reports.
Why success here in Carmel while other parts of the country continue to struggle in this challenging economy? I believe their are several reasons…
- Carmel is considered an International Destination and a very desirable place to live.
- Our cooler climate attracts many second home buyers from hotter regions.
- Even during the recessions overall Carmel home prices have remained strong and consistent.
- The Village environment with walk ability to almost everywhere is very desirable.
- Amazing natural settings and quality of lifestyle.
To find out what our local newspaper the Monterey Herald has to say about the real estate market click link to read article. Preview all Carmel Real Estate here!
