Markets Continue to Slow Heading into the Holidays

admin Weekly Blog

The market continued to slow down this week with just one new sale in Pebble Beach and 5 closed escrow across both Pebble Beach and Carmel. The new sale was a fixer up on Sunridge listed for $995K. 4 of the 5 closed escrows came in Pebble Beach including a great Townhouse at the Lodge with views back to Stillwater Cove that sold for $4M. The other closed escrows included a rancher on Lopez that closed for $3.13M, a renovated home up on Rampart that closed for $1.08M and a house on Indian Village that sold just off list price for $1.15M. The closed sale in Carmel was a nice home at the corner of Santa Lucia and Dolores that had been on the market for 2 years and closed at $3.2M.

Here are a few fun things to do around town this week:

10/5-10/17: The Ansel Adams exhibition continues at the Weston Gallery

10/9-10/13: The Carmel Art & Film Festival

10/12: Painting demonstrations with landscape artists Jeff Daniel Smith and Cyndra Bradford at the Carmel Art Association

10/12: Erin Herendeen with the Estates Group will be giving wine tasting at Nielsen’s market

10/12: Carmel-by-the-Sea Community Fair & Open House at the Carmel Fire Station

10/12: Howlin’ Good Pet Fest Fundraiser at Cima Collina

10/15: Aubergine Presents: Terroir featuring Gastro Pub

10/17: Secrets of Cantinetta Luca Cooking Class: Pizza

10/18: Sunset Center Presents: The Acting Company & The Guthrie Theater Present Hamlet

 

Best,

Mike, Lynn & Jess