Electric Teal
Here are two Carmel Valley houses for sale that look similar on paper – but the market says they aren’t. What are the differences that matter?
Opinions, That’s All
If the market keeps booming, it’s because ones like this keep selling:
Not Selling in CV
It is still very active in Carmel Valley (67 new listings and 50 new pendings in the last 30 days), but there are houses not selling. Here is an example of one that’s asking $1,000,000+ for 2,556sf that backs to Carmel Mountain Rd:
CV Canyon Homes
The primo real estate around Carmel Valley has been cooking.
I counted 12 active listings, and eight pendings of canyon-front homes currently, plus the closed sales since April 1st are almost double last year’s total – with average pricing nearly 20% higher too:
This is the cheapest available:
CV Flipper
At first glance, it looked like both lenders were paid off because the sales price from the trustee sale was recorded as $1,200,000. But upon further review (at foreclosureradar.com), the new owner actually paid $1,075,000:
Carmel Valley Project
The hits keep coming to Carmel Valley, where the mid-$800,000’s range is rapidly becoming the bottom of the detached-homes-for-sale market:
The property being developed across the street is described below, where they note that removing 30,000 cubic yards of dirt will likely take three months:
http://www.delmartimes.net/2012/04/09/developer-changes-plans-for-carmel-valley-worsch-way-project/
CV Sample
Since the last peak, there has been one house in this neighborhood sell over $1,000,000 – and it was a month ago for $1,040,000. So this seller adapted a typical strategy for today – spread a big range around the last comp:
KK’s First Day
Our daughter Kayla had her first day on the job today, after graduating from college two weeks ago. She put in a 9-5 shift, with no lunch break!
We did start with breakfast, where I laid out the basics in 60 minutes, which really just boiled down to one thing:
Be a ‘relationship-based’ business. Have people want to do business with you because they know you, they like you, and they trust that you will do the best job for them.
There will always be new realtor gimmicks to attact clients, but the one tried-and-true way is to demonstrate to people that you will take care of them.
After breakfast we visitied my great friend Dr. Boyd (who has been involved with four of my five $2,000,000+ sales!) who appreciated the passing of the torch.
We then drove through RSF (where Kayla saw at least one of the homes that hosted a CCHS party back in the day), and visited the Via de la Valle REO, then on to the Pardee tracts in Carmel Valley.
On the way she got to see my fix another flat tire too!
Here’s her first video:
Giddy Up
The fourth Carmel Valley REO listing this year (there were ten last year):
CV Home Tour
A tour of the most-recent listing of a CV canyon-front home, in DH. I saw the house on Raven Hill that sold for $1.9 million, and I liked this backyard better:
Jim Klinge
Klinge Realty Group
Broker-Associate, Compass
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
