Carmel Takes a Siesta

admin Weekly Blog

Pebble Beach kept a steady momentum this week with 4 new sales and 3 closed escrows. The new sales included a tear down on the Shore Course of MPCC for $3.5M, a great Spanish Bay condo for $2.95M, a newer Mediterranean on Strawberry Hill for $1.525M, and another tear down on Valdez listed for $695K. The closed sales this week included a newer Mediterranean on Cormorant for $2.6M, a ranch-style home on the 18th fairway of Spyglass for $1.45M, and an older ranch-style home on Patio Drive for $799K.

Carmel was virtually blanked this week with no new sales and just one closed sale. The sole sale was a cottage on Dolores and 12th in the Golden Rectangle that closed for $1.34M. Although sales stalled this week, Carmel is having a great quarter so far with 18 closed sales between the Golden Rectangle and Carmel Point. That’s already up over the 15 last quarter with another week to go.

We’ll be coming out with our Quarterly Market Report covering Carmel and Pebble Beach next week. If you’d like to receive this via email, please let us know and we’ll add you to our list.

Jess is holding our listing in Quail Meadows open this Saturday from 1:00-4:00. It’s a fantastic contemporary home on the western edge of Quail Meadows, where you can enjoy the warmth of the valley sun and the privacy of one of the largest lots in Quail Meadows, just 7 minutes to downtown Carmel.

Around town this week:

6/21-7/14: Richard McDonald; Turning Heads Exhibition

6/21: Love, Loss & What I Wore by Nora and Delia Ephron at the Carl Cherry Center

6/22: A Night in Neverland – the PacRep Theatre’s summer fundraiser

6/22: Monterey Bay SummerFest Arts & Crafts Faire

6/22: The Carmel Heritage Society presents A House and Garden Tour of Carmel’s most historic homes

6/26: The Cherry Center Presents: Mr. Hulot’s Holiday

6/27: Ribbon Cutting at Basil Seasonal Dining and celebrating their certification as a 2 Star Certified Green Restaurant

6/28: Trio Carmel – Meet the Winemaker Series; Ian Brand who was recently featured in Wine Enthusiast as one of America’s most influential wine makers under 40.


Best Regards,

Mike, Lynn & Jess.