Carmel Valley Real Estate Market Sees Sales Fall

In this week's report, the number of homes sold in the Carmel Valley market dropped to 41 over the past 30 days. It marked a decrease of 4.7% from last week's report and another period below the monthly average. In comparison, the Rancho Penasquitos neighborhood had 93 sales in the same time frame, the most of all neighborhoods in the area. Prices are rising in Carmel Valley, and the median sales price this period increased from $695,000 to $855,000. In spite of the decrease in sales, a low two months of inventory signals that Carmel Valley is a definite seller's market.

Still haven't found the right home in Carmel Valley? One of these new listings could end the search:

$898K   $398K   $458K  

Get started right now by checking out Carmel Valley homes for sale or reviewing Carmel Valley real estate trends.

Demographic facts for Carmel Valley:

  • The average age of the population is 38 years old.
  • This area has a health cost index score of 110.4. (100 = national average)
  • The commute times can range from: <15 min (28.7%), 15-29 min (49.1%), 30-44 min (15.9%), 45-59 min (2.5%), >60 min (3.7%).

Data reported through 10/12/2016


Ask a local expert about this area:
Keller Williams Carmel Valley
Snapped 144 homes in this area
Real Properties Group
Snapped 1 home in this area
Keller Williams SD Metro
Snapped 18 homes in this area

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