Carmel Valley DATA*
Mar 2013
6 month
3 month
Mar 2014
% change
Median Price ..........................................................
$950,000
$970,000
$1,165,000
$1,093,750
15.1%
Average Price per Square Foot ...........................
$378
$328
$440
$406
7.4%
Properties Sold .......................................................
11
5
20
10
-9.1%
Properties Pending Sale .......................................
12
5
9
24
100.0%
Properties For Sale ................................................
89
114
95
102
14.6%
Days on Market (Pending Sale) ...........................
83
91
189
93
12.0%
Month’s Supply of Inventory ................................
8.1
22.8
4.8
10.2
26.1%
Percent Under Contract ........................................
13.5%
4.4%
9.5%
23.5%
74.5%
Average Median Price for Last 12 Months ........
$812,000
$1,164,125
$1,187,083
$994,173
22.4%
*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.
current market snapshot MAR
$950
APR
$1,093,750
MAY JUN
MEDIAN SALES PRICE
JUL
$406
AUG SEP
AVERAGE PRICE PER SQ FT
OCT NOV DEC
10.2 MONTH’S SUPPLY OF INVENTORY
JAN FEB MAR
$1.093 M E D I A N S A L E S P R I C E ( $ 1 0 0 , 0 0 0 ’s )
Micro Market Report : March 2014
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