Hitting a record low dating back to April, one home was sold in the Carmel Valley Village market over the last 30 days. This represents a 75.0% decrease in sales activity. When comparing other close-by municipalities within the same period, the most came from Salinas with 53 sales. Naturally, as sales found a bottom, the amount of available homes increased, reaching a volume of 13 months of inventory, its highest point since April. Carmel Valley Village is still a solid buyer's market, due to the downward trend in sales numbers and the large amount of inventory.
If you don't want to spend too much for a home, start by taking a look a these affordable listings in Carmel Valley Village: