Pebble’s week was on the quiet side with no closings and 2 new sales: a 15-year-old Custom Spanish style home in Central Pebble went into contract with an ask price of $3.475M after roughly 1 month on the market as did an MPCC golf front home located on the 2nd Fairway of the Shore Course (list price: $1.595M, DOM = 156).
Carmel had a steady week reporting 4 closed escrows and 5 new sales. Closings included a 3-year-old home on an oversized lot across the street from Sunset Center which was on the market for 7 months (sale price: $3.0725M, 2% off most recent list price or 12% off original list price), a rebuilt Mid-Century Craftsman style cottage in the Golden Rectangle (sale price: $2.75M, 5% off most recent list price or 11% off original list price, DOM = 154), a cozy updated cottage in SE Carmel which sold for less than 1% off list price ($1.365M) after less than a week on the market, and a large dated home on a sizeable lot on Highway 1 across from Carmel High School closed at 2% off most recent list price or 15% off original list price for $1.275M after 8 months on the market. New sales in the region consisted of: an oversized updated 1920’s built cottage in the Golden Rectangle just 4 blocks from the beach (list price: $2.35M, DOM = 56), a centrally located Mid-Century home with a guest house which was on the market for 3 months (list price: $1.925M), a cute vintage cottage in the Golden Rectangle which went into contract off market with an ask of $1.625M, a cozy NE Carmel cottage with detached guest structure which was on the market for less than a month (list price: $1.335M), and a snug storybook cottage on Carpenter (list price: $949K, DOM = 56).
The Highlands and Carmel Meadows reported some activity this week with 1 closing and 1 new sale. A vintage fixer with valley views on Ribera Road sold for a 12% discount off ask at $1.164M after 10 days on the market this week. The new sale was a 90’s-built ocean view Contemporary perched on the hill of San Remo Road, which went into escrow after approximately 2 months on the market with a list price of $2.25M.
A Quail Lodge condo unit went into contract after less than 1 month on the market with an ask of $955K. There was no other movement in Quail or the Preserve this week.