Carmel Valley sales continue at a modest level. October sales were 11, up 22% from October 2010, yet down 35% from the prior month September sales of 17. Total YTD sales of 106 are running 2.8% behind the last year’s year-to-date sales of 109.
The most positive trend in Carmel Valley is the continuing 4 month decrease in inventory. The total properties available for sale in October was 84, down 15% from 99 last month and down 39% from 138 in October of 2010. Please see Carmel Valley Update – YTD October 2011 for a complete discussion of current trends.
During our much appreciated Fall Season, we are thankful for the bounty of golden sunshine, the crisp, clear mornings, and evenings that beckon and slowly give way to a starry sky above.
Carmel Valley Real Estate For Sale says:
When inventory levels are low like this it means less competition for those who decide to keep their Carmel Valley homes on the market, and buyers are more likely to make stronger offers when they find move-in ready properties.
Carmel Valley Real Estate For Sale