WEEKLY BLOG

GEARING UP FOR CAR WEEK

The Monterey Peninsula is warming up for the 68th Annual Concours d’Elegance, entailing an action-packed week filled with events for car enthusiasts. With 3 closed sales in Carmel and 4 in Pebble in addition to 10 new escrows in our subject regions, the market continues to maintain a steady summertime pace. If you’re in the area for Car Week, watch …

0 comments

TOP OF PEBBLE’S MARKET AWAKES

After a two year drought of no ocean or golf front sales in Pebble, the frontlines comes alive in ’18 with fashion – 3 in escrow by 2Q and 1 closed early on in Q3. The rest of the market was mixed this week as Carmel held steady while the outlining markets in the Highlands and Quail areas stalled (zero …

0 comments

ANNUAL FEAST OF LANTERNS CELEBRATION

For over a century we have celebrated the annual Feast of Lanterns community celebration. If you’re in town, check out the main event at Lover’s Point Beach in Pacific Grove on Saturday, July 28 at 8PM. Activity is winding up in our subject regions as it often does in the summertime – we saw 5 new sales in Pebble, 8 …

0 comments

BACH FESTIVAL IN TOWN

Pebble Beach took the crown this week with 8 closed escrows and 4 new sales. The market continues to be hot in the $1M-2M range, but we saw some activity at the top of the market this week with another oceanfront sale in Pebble. We are expecting some great beach weather this weekend, so if you are in town enjoy …

0 comments

2Q18 Market Report

2018 is off to the strongest start in over a decade. The 129 closed escrows in 2Q18 is 27% higher than last quarter and 2Q17. Pebble Beach took the lead on all of the key regions with 56 closed escrows which is a 47% jump in activity and the highest quarterly sale count in over a decade.  MPCC continues to …

0 comments
ALL WEEKLY BLOG POSTS