Whalefest Monterey

  • Canning Properties Group
  • 03/6/19

This weekend, the Monterey Old Fisherman’s Wharf Association presents the 9th Annual Whalefest Monterey. Events include a Symposium led by marine experts, several booths with ocean related activities, and fun and educational exhibits – all benefiting organizations which aim to inspire the public to protect and enjoy the Monterey Bay National Marine Sanctuary. Visit www.Montereywharf.com/event/whalefest-monterey-2019 for more information or to purchase tickets. Whether you’re participating in historic Old Town Monterey at Whalefest or enjoying the sunny weather as of late, we hope you have a great weekend! The local market experienced a slower week than last week, but activity remained steady with 4 closed escrows (2 in Pebble Beach, 2 in Carmel) and 5 new sales (3 in Pebble, 2 in Carmel). Below please find a recap from the week:

 

Pebble Beach rang in 2 closed escrows and 3 new sales this week. The top closed escrow was a newly constructed contemporary style home with ocean views near the Golf Academy (sale price: $7.5M, 5.7% off list price, DOM = 93). The other closing in Pebble was a partially updated contemporary home in Country Club West close to MPCC and Spanish Bay which sold after 2 days on the market (sale price: $1.199M, 7.6% off list price). There were also 3 new sales in the region this week, all of which are located in Central Pebble: a dated estate on an acre of lush gardens on the market for 5 months (list price: $2.75M, original list price: $3.5M), an updated traditional home near Spanish Bay, and a remodeled ranch style home which was on the market for almost a year (list price: $1.195M).

 

Carmel had a slightly quieter week with 2 closings and 2 new sales. Both of the closings this week were in Hatton Fields, and they consisted of a charming 1940’s-built home with valley views on the market for 3 months (sale price: $1.42M, 15.9% off original list price or 8.4% off most recent list price) and a vintage bungalow in need of TLC which closed at a 6.5% discount off list price at $935K (DOM = 100). Canning Properties Group is honored to represent the sellers of Lincoln 4 SW of 12th – a sophisticated cottage with detached guest unit just a few blocks from the beach and near town on the market for just 2 weeks (list price: $3.85M). The other new sale was a home with separate guest unit on a large oversized corner lot in Carmel Woods (list price: $1.798M).

 

There was no activity to report in Carmel Highlands or Quail/The Preserve this week.

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