The Carmel Valley housing market remains highly competitive, with notable changes in key metrics over the past year. Here’s a snapshot of the current trends and statistics:
Market Competitiveness
- Days on Market: Homes in Carmel Valley sell in an average of 23.5 days, indicating a very competitive market.
- Offers and Pricing: Many homes receive multiple offers, some with waived contingencies. On average, homes sell for about 1% below the list price and go pending in approximately 24 days.
The Carmel Valley housing market continues to be a sought-after area with rising prices and competitive conditions. Despite a slight decrease in the sale-to-list price ratio and fewer homes selling above list price, the market remains robust with increased sales and a quick turnover rate.
Source: Redfin
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Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379
