Feeling Festive?

Updated: Mar 7, 2019


Photo by Bence ▲ Boros on Unsplash

There’s a couple of festivals in town this weekend if you’re out and about – Carmel’s 24th Annual Art Festival and the American Craft Beer Week held in downtown Monterey. The local market slowed from the previous week, echoing the stock market’s activity, which also saw a dip through week’s end.


Pebble’s market came to a standstill this week with just 1 closed escrow, quite the contrast from the previous week’s performance of 2 Closed escrows and 8 new sales. The lone closed escrow came from the heart of the MPCC area along the 3rd fairway of the Shore Course – a tastefully remodeled ranch-style home with distant/filtered ocean views that closed at the full list price of $2.875M.



Pebble Beach
  • CLOSED ESCROW – 3072 Bird Rock Rd, $2.875M (Full Price), DOM=44

  • ACTIVE LISTINGS= 83 Homes (Country Club West=12, Country Club East=13, Central Pebble=31, Lodge=17, Upper Forest=10), 19 Lots

Carmel
  • CLOSED ESCROW – Santa Lucia 2 NW of Casanova, $1.55M (14% off of List Price), DOM=182

  • NEW SALE – 3324 Taylor Rd, $1.65M, DOM=124

  • NEW SALE – 24775 Valley View, $1.24M, DOM=179

  • NEW SALE – NW Corner of Torres & 9th, $1.125M, DOM=12

  • ACTIVE LISTINGS= 87 Homes (Carmel Woods=4, NW Carmel=17, NE Carmel=15, Golden Rectangle=18, SE Carmel=12, Carmel Point=11, Hatton Fields=10), 5 Lots

Carmel Highlands
  • NEW SALE – 226 Peter Pan Rd, $3.49M, DOM=175

  • ACTIVE LISTINGS= 14 Homes (14 in Highlands- 6 oceanfront, 1 in Meadows), 3 Lots

Quail Lodge/ Preserve
  • CLOSED ESCROW – 1 Wild Turkey Run, $5.8M (11% off of List Price), DOM=307

  • ACTIVE LISTINGS= 5 Homes (2 in Quail Meadows, 3 in Quail Lodge), 2 Lots





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ABOUT

With nearly 30 years of experience in the Pebble Beach and Carmel markets, the Canning team knows the market- both the openly listed and discreetly available inventory, Together with their associates they are uniquely qualified to offer the highest level of professionalism and service on the Monterey Peninsula.

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Mike Canning

831.596.1171

Jessica Canning

831.238.5535

Nic Canning

831.241.4458

Ellen Krausse

831.204.2204

Brian Keck

831.238.8730

Katie Kinsey

831.622.4837

© 2020 Canning Properties Group of Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Operated by Sotheby’s International Realty, Inc. Real estate agents affiliated with Sotheby’s International Realty, Inc. are independent contractor sales associates and are not employees of Sotheby’s International Realty, Inc.

 

SIR DRE License Number: 899496, Mike Canning DRE#01004964, Jessica Canning DRE#01920034, Nic Canning DRE#01959355, Ellen Krausse DRE#02046046, and Brian Keck DRE#02070480.