Happy Halloween

  • Canning Properties Group
  • 11/2/18

It was an action-packed and fun filled Halloween Week in Carmel; our town swarmed with packs of trick-or-treaters decked out in incredible costumes! Across our regions, it was an eventful week with activity across the board in all of our sub-areas. We hope you had a Spooktacular week and enjoy the weekend. As always, a few highlights from the week below.

Pebble Beach rang in 3 closed escrows and 2 new sales, and the area continues to be hot in the $1M-$2M price bracket. The 3 closings included a custom-built contemporary in Upper Forest (sale price $1.575M, 4.5% off list price, DOM = 18), a partially remodeled ranch style home on the market for less than 2 weeks (sale price: $1.25M, 3.0% off list price), and an updated home constructed in the 1960’s which sold for 14.2% off list price at $1.025M (DOM = 84). There were 2 new sales in Pebble as well: a dated home in the Upper Forest went into contract after a little over a month on the market (list price: $1.195M) and a dated single level home listed for $1.15M (DOM = 53). 

Canning Properties Group is honored to represent the seller and buyer of the top closed escrow in the vicinity this week – 2848 Santa Lucia Avenue. This stunning remodeled masterpiece was built in 2017 and boasts panoramic views spanning from Carmel River Beach to Point Lobos (sale price: $5.745M, 11.5% off list price, DOM = 381). Four additional closings clocked in this week in Carmel: a 1930’s-built remodeled home close to town/the beach in NW Carmel on the market for a week (sale price: $2.375M, 0.8% off list price), a custom-build near Carmel High School at the northernmost end of Mission Trail Park (sale price: $1.8525M, 7.1% off list price, DOM = 180), an adobe in Carmel Point on the market for 1 month (sale price: $1.85M, 1.9% off list price), and a cottage in NE Carmel (sale price: $1.825M, 2.7% off list price, DOM = 101). We report 1 new sale in Carmel this week: a Country English cottage in NE Carmel on the market for 140 days (list price: $1.995M). 

Quail Lodge rang in 2 closed escrows – a single level home on the market for less than a week located on the 15th Fairway sold for $1.925M (6.1% off list price) and a 2-level condo on Valley Greens Circle recorded for 4.5% off list price at $855K (DOM = 109).

Carmel Highlands picked up the pace this week and reported 2 closings and 1 new sale. A fixer-upper on Ribera Road sold for full ask after less than a week on the market (sale price: $1.595M) and a cabin in need of TLC near the Highlands Inn closed for 7.8% off list price at $825K (DOM = 47). Reporting more movement on Ribera Road this week, a partially updated home with a reverse floorplan went into contract after 2 weeks on the market (list price: $1.595M).

Work With A Team. Work With The Best.

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.

Contact Us