1Q19 Market Update

  • Canning Properties Group
  • 04/5/19

Below please find a recap of this week’s activity in addition to our 1Q19 Quarterly Update.  The market had a steady week, reporting 6 closed escrows and 5 new sales in our subject regions.  The top of the market woke up with 1 ocean/golf front sale in Pebble which closed for $24M which was 24% off the most recent list price.  We also saw an uptick in activity in the Highlands; the area experienced a quiet first quarter but already had 1 closed escrow and 1 new sale in the first week of 2Q. 

 

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With over 30 years of experience in the Pebble Beach and Carmel markets, they know the market – both the openly listed and discreetly available inventory. Together with their associates, they are uniquely qualified to offer the highest level of professionalism and service on the Monterey Peninsula.