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Carmel property sales in November were 15, up 66% from 9 sales in November of 2010. The Carmel YTD sales of 188 are running 22.1% ahead of last year’s year-to-date sales of 154. A further sign of an improving market in Carmel is the decrease in the number of days the average property is taking to sell. The DOM (days on market) for November was 77, down 39% from 128 days last month and down the same percentage compared with November 2010.
For a complete presentation of current trends, please review Carmel Market Action Report – November 2011