THE MARKET QUIETS DOWN

ellen Weekly Blog

Activity notably slowed across the Peninsula this week, totaling just 3 closed escrows and 1 new sale in the areas we cover. A few highlights from the week below:

No news to report in Pebble this week – the first time this has occurred in almost a year.

Carmel also saw a notable drop in activity this week with only 3 closed escrows and 1 new sale. The top closed escrow came from the NE area of Carmel – a newly built traditional-style home on Guadalupe that sold for $1.75M (3% off of List Price). The other closed escrows included a 1919 craftsman-cottage, just North of Ocean on Casanova, that closed at the full price of $1.45M and an 80’s ranch-style home on the Eastern part of Ocean Ave that closed at $1.15M (4% off List Price). The lone new sale comes from just east of Carmel Point – a newly renovated traditional-style home on an oversized lot with an ask of $1.495M.

No news to report in either the Highlands or Quail areas.

Pebble Beach
No news to report
ACTIVE LISTINGS= 65 Homes (Country Club West=13, Country Club East=9, Central Pebble=21, Lodge=16, Upper Forest=6), 16 Lots

Carmel
CLOSED ESCROW – Guadalupe 4NE of 6th, $1.75M (3% off of List Price), DOM=118
CLOSED ESCROW – Casanova 3NE of Ocean, $1.45M (Full Price), DOM=3
CLOSED ESCROW – SE Corner of Torres & Ocean, $1.15M (4% off List Price), DOM=82
NEW SALE – 26306 Monte Verde, $1.495M, DOM=260
ACTIVE LISTINGS= 74 Homes (Carmel Woods=3, NW Carmel=16, NE Carmel=10, Golden Rectangle=16, SE Carmel=10, Carmel Point=11, Hatton Fields=8), 3 Lots

Quail
No news to report
ACTIVE LISTINGS= 2 Homes (2 in Quail Meadows), 2 Lots

Highlands
No news to report
ACTIVE LISTINGS= 25 Homes (22 in Highlands- 7 oceanfront, 3 in Meadows), 7 Lots

 

Around Town

1/28: Kalichstein-Laredo- Robinson Trio
Sunset Center
8:00 pm
$15-$64

1/29: An Evening with Chris Botti
Sunset Center
7:00 pm
$79-$99

1/29: Robert Earl Keen and ISMAY
Golden State Theatre
7:00 pm
$25-$60

2/2: Interior Design Monterey Bay Design Expo
Carmel Mission Inn
4:00-8:00 pm
Free

2/2-26: Madagascar Live
Golden Bough Theatre
7:30 pm
$8-$25