$12M  
Sales in the Carmel-by-the-Sea market fell to six homes sold over the last 30 days, while the number of sellers reducing their list prices reached 17, which continues an emerging upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price rose to $1,430,000, up from last week's $1,335,000. Along with the slip in sales, a relatively high 10 months of inventory indicates that Carmel-by-the-Sea is a solid buyer's market.
Comments:

$899K  
The Carmel-by-the-Sea market may be experiencing a pronounced pullback, but sales managed an uptick this week of 40.0% to seven homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Perhaps due to the sales numbers, months of inventory is on a four-week upswing, this week hitting nine months. Carmel-by-the-Sea is still a strong buyer's market due to the availability of such a large amount of remaining inventory, even after the uptick in sales.
Comments:

$1.2M  
The Carmel-by-the-Sea market saw sales remain flat this week with five homes sold over the last 30 days but new listings fell to 14. Potential buyers should note that prices went up in Carmel-by-the-Sea, with the median for this period rising from $1,217,500 to $1,325,000. With no movement in sales and the availability of 12 months of inventory, Carmel-by-the-Sea is a strong buyer's market.
Comments:

Carmel-by-the-Sea is a affluent city in California with a median income of $66,701 per household. The population is also considered much younger than most with a median age of 59 years. Carmel-by-the-Sea is an area where 34.6% of the homes are owned, while 26.7% are rented. The best school in the city is Carmel River Elementary School.
Comments:

$875K  
With a recent upward trend of new sellers listing homes, including 18 over the last 30 days, and sales that have fallen to five in that same time frame, the Carmel-by-the-Sea market will be more selective. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Naturally, as additional listings came into the market, the amount of available homes also increased, reaching a volume of 13 months of inventory, its highest point since April. Carmel-by-the-Sea is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
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$3.6M  
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 slid 25.0% to six homes sold over the last 30 days. In comparison, nearby Salinas had 59 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Carmel-by-the-Sea, and for this period the median sales price slid from $1,462,500 to $1,246,250. Carmel-by-the-Sea is a solid buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
Comments:

$980K  
The Carmel-by-the-Sea market lost steam this week but was still better than normal as sales sank 27.3% to eight homes sold over the last 30 days. On the other hand, close-by Salinas registered 65 homes sold in the same time frame, the most of all surrounding cities. Prices are rising in Carmel-by-the-Sea, and the median sales price this period increased from $1,350,000 to $1,462,500. With decreasing sales and the availability of eight months of inventory, Carmel-by-the-Sea is a definite buyer's market.
Comments:

$899K  
The Carmel-by-the-Sea market slowed this week but was still better than normal as sales fell 8.3% to 11 homes sold over the last 30 days. In comparison, nearby Salinas had 63 sales in the same time frame, the most of all neighboring cities. Prices fell lower as this week's reported median sales price of $1,350,000 continued a four-week downward trend.
Comments:

$13M  
Over the last 30 days, the sale of 12 homes took place in the Carmel-by-the-Sea market and, even though it's the same amount as last week, the area continues a solid upward trend. The median sales price in Carmel-by-the-Sea stayed flat at $1,475,000 while months of inventory was flat at four.
Comments:

Carmel-by-the-Sea is an average-sized city in California that has seen a 9.2% decrease in population over the last 10 years. It also has a total population of 3,722. Carmel-by-the-Sea is made up of homes that are considered older than most with a median of 56 years. Topping the list of best schools in the city is Carmel River Elementary School.
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