Carmel Valley's market Snapshot as of February 24, 2009

Here is a snapshot of Carmel Valley's Real Estate Market.

ACTIVE

• Total Listings 284
• Detached 195
• Attached/Town/Twin 89

PENDING

• Total Listings 59
• Detached 26
• Attached/Town/Twin 33

SOLD (January 24 -February 24, 2009)

• Total Listings 27
• Detached 23
• Attached/Town/Twin 1

STATISTICS

HIGH

• Selling Price $8,250,000.00
• Selling Price / Sq Ft $419.90
• Selling Price vs. Listing Price 100%
• Days on Market 232

LOW

• Selling Price $351,000.00
• Selling Price / Sq Ft $218.26
• Selling Price vs. Listing Price 83%
• Days on Market 3

AVERAGE

• Selling Price $1,068.86
• Selling Price / Sq Ft $327.66
• Selling Price vs. Listing Price 94%
• Days on Market 68

The information provided is intended to reflect what happened in the market for a brief period of time, it is useful as a analytical tool but it is important to keep in mind that it only reflects a short amount of time. For example last month a home did sell for $611.00 dlls per square foot. As with any data it is important to gather at least 3 months worth of information to get a clearer picture.

If you have any questions or would like to hear more about the local Real Estate Market, please feel free to contact me.

Also if you or someone you know is considering buying, selling or investing in Real Estate please contact me @ rina@my858realtor.com

You can also look for me in Twitter (rinapodolsky), befriend me on Facebook (Rina Pod) and our web site www.my858realtor.com

All information has been pulled from Sandicor MLS, all deemed reliable but not guaranteed.