$825K  
A three-week rough patch for the overall sales trend continues in the Carmel-by-the-Sea market. Also, the actual number of sales dropped 33.3% over the last 30 days, coming in at four. The median sales price dropped to $1,350,000, down from last week's $1,574,500. Carmel-by-the-Sea is a definite buyer's market, due to a downward trend in sales numbers and 11 months of inventory remaining.
Comments:

$3.3M  
Home sales in the Carmel-by-the-Sea market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 25.0% to six homes sold over the last 30 days. In comparison, nearby Salinas had 55 sales in the same time frame, the most of all neighboring cities. The median sales price tumbled to $1,574,500 over the latest reporting period for Carmel-by-the-Sea, down from $2,397,000. Carmel-by-the-Sea is a definite buyer's market, thanks to a big eight months of inventory to choose from and a pullback in sales.
Comments:

$7M  
Sales rose in the Carmel-by-the-Sea market to eight homes sold over the last 30 days. But the market is also under a confirmed downward trend in the number of contracts closing, with this week's number falling to five. Potential buyers should note that prices are coming down in Carmel-by-the-Sea, and for this period the median sales price slid from $3,500,000 to $2,397,000.
Comments:

$2.9M  
Over the past 30 days, there have been fewer price cuts in the Carmel-by-the-Sea market, continuing a three-week declining trend to land at six. Home sales were also down to five over the same period. Prices are rising in Carmel-by-the-Sea, and the median sales price this period increased from $1,582,053 to $3,500,000. With decreasing sales and the availability of 10 months of inventory, Carmel-by-the-Sea is a definite buyer's market.
Comments:

$3.3M  
With an established downward trend of new sellers listing homes, including nine over the last 30 days, and sales that dropped to seven in that same time frame, the Carmel-by-the-Sea market will be slowing down. Potential buyers should note that prices went up in Carmel-by-the-Sea, with the median for this period rising from $1,625,000 to $1,650,000. Carmel-by-the-Sea is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
Comments:

$8M  
Over the last 30 days, the sale of 12 homes took place in the Carmel-by-the-Sea market. This shows a 7.7% decline from the prior period but the area remains on a recent upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. The median sales price in Carmel-by-the-Sea climbed to $1,625,000 while months of inventory was flat at four.
Comments:

$1.3M  
Carmel-by-the-Sea is a small city in California, and is affluent with a median income of $66,701 per household. It's much younger than the rest of the state, with a median age of 59. Keep in mind, 34.6% of the homes in Carmel-by-the-Sea are owned, while 26.7% are rented. The best school in the city is Carmel River Elementary School.
Comments:

$1.3M  
In this week's report, the number of homes sold in the Carmel-by-the-Sea market fell to 13 over the past 30 days, a decrease of 7.1% from last week's report, but still above the monthly average. Meanwhile, close-by Salinas reported 67 homes sales, the highest number from all the surrounding cities. Months of inventory were further reduced to four, extending a downward trend to four weeks.
Comments:

$1.8M  
With an emerging downward trend of new sellers listing homes, including nine over the last 30 days, and sales that rose to 14 in that same time frame, the Carmel-by-the-Sea market will be less selective. Prices are falling in Carmel-by-the-Sea, and this period the median price of all sales fell from $1,600,000 to $1,557,053. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Carmel-by-the-Sea is a seller's market.
Comments:

$8M  
The number of home sales in the Carmel-by-the-Sea market spiked 80.0% to nine homes over the last 30 days, exceeding the 5.9 monthly average for the last 12 months. Within the same time frame, Salinas had 62 sales, the most of all cities in the area. The median sales price continued to rise, trending upwards for four weeks to reach $1,600,000.
Comments:
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