Question of the Week – Price per square foot in Carmel?

POSTED ON IN How's the market?

question-of-the-week

Of the 33 homes that have sold in Carmel in 2009, what is the average sales price per square foot?

a)  $560

b)  $725

c)  $874

d)  $933

The answer is C, $874.  Curious which 33 homes sold?  For comparison, I’ve listed price per square foot for the sales in the surrounding cities for their sales in 2009 below:

Monterey-Salinas Highway Area  $262

Pebble Beach  $687

Pacific Grove  $471

Monterey  $376

Carmel Valley  $413