Monterey Peninsula Real Estate News and Info
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Monterey Peninsula Real Estate News and Info

17-19 Jan 07 Hotsheet Update

New Listings - 27
- 10 of the listings were in Pebble Beach; one of which is a bay view lot available for $699K

Reduced Listings - 15
- Average reduction ~$100K
- In the Carmel Golden Triangle there was a 3/3, 2275 sq ft home that was reduced nearly $700K to $2.795M
- There is a 3/2, 1786 sq ft home in Las Palmas available for $699K; it's a short sale so it could be a great opportunity

BAck on the Market Listings - 9

Pending in Escrow Listings - 15
- 3 homes in Pebble Beach and Monterey went into contract

Sold Listings - 6
- Average sale price below list ~$76K
- A condo, a business and a commercial building in Carmel all sold today

Expired - 7, Canceled - 4, Withdrawn - 17

Visit my website at www.ChristianHaun.com for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the Central Coast or anywhere in the world...have a great day! – C

16 Jan 07 Hotsheet Update

New Listings - 8
-  Ocean view homes in Monterey being sold as one property - a Victorian home and a duplex on a large 100x117 sq ft lot; the whole deal is going for $1.495M
- Want rental property in Pacific Grove?  Get 22 - 2/1 units in the heart of PG for $3.95M
- A 4/4 custom home in Pebble Beach on a large 14K sq ft lot is available for $1.5M

Reduced Listings - 14
- Average reduction ~$102K
- Pebble Beach saw 2 big price reductions; a $450K and 300K drop respectively to $7.5M and $4.99M; these homes are in the estates area where the lots are big, .9 and 1 acrea respectively

Back on the Market - 5

Pending in Escrow Listings - 5

Sold Listings - 1
- $88K below list price to $1.6M

Expired - 1, Canceled - 6, Withdrawn - 2

Visit my website at www.ChristianHaun.com for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the Central Coast or anywhere in the world...have a great day! – C

15 Jan 07 Hotsheet Update

Okay, here we go with a bit of a pick up...

New Listings - 11
- 6 properties in the Salinas-Monterey Highway area

Reduced Listings - 4
- Average price reduction ~$90K
- One listing was for a business in Marina reduced to $79K from $89K

Sold Listings - 1
- A 3/2, 1533 sq ft home in Seaside that sold for list price of $699K

Expired - 14, Canceled - 2

Visit my website at www.ChristianHaun.com for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the Central Coast or anywhere in the world...have a great day! – C

14 Jan 07 Hotsheet Update

Another quite day...

New Listings - 3

Reduced Listings - 3
- Average price reduction = $62K
- In Marina $589K will get you a 3/2, 1580 sq ft home on a big 7000 sq ft lot; reduced from $599K

Pending in Escrow Listings - 5

Sold Listings - 0

Expired - 1, Canceled - 1

Visit my website at www.ChristianHaun.com for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the Central Coast or anywhere in the world...have a great day! – C

13 Jan 07 Hotsheet Update

Today was very quite...

New Listings - 1

Reduced Listings - 0

Pending in Escrow Listings - 2

Sold Listings - 0

Expired - 3

Visit my website at www.ChristianHaun.com for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the laceName w:st="on">CentrallaceName> laceType w:st="on">CoastlaceType> or anywhere in the world...have a great day! – C

12 Jan 07 Hotsheet Update

New Listings - 11
- Get 2.5 acres with a 3/2.5, 2454 sq ft home all for only $899K in the Salinas-Monterey Highway corridor
- 4 new homes in Seaside and 5 in Carmel

Reduced Listings - 5
- Average price reduction = $76K

Pending in Escrow Listings - 9
- On the South Coast on Yankee Pt a 3/2.5 3353 sq ft home on a half acre went into escrow listed at $4.35M

Sold Listings - 9
- Average sale price below list price = $24K
- 3 homes sold at list price; pricing it right can be a big help in this area

Expired - 2, Canceld - 1, Withdrawn - 2

Visit my website at http://www.ChristianHaun.com/ for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the laceName w:st="on">CentrallaceName> laceType w:st="on">CoastlaceType> or anywhere in the world...have a great day! – C

11 Jan 07 Hotsheet Update

New Listings - 8
- 2 lots in upper Carmel are available with utilities for $599K and $699K; the later is 5.1 acres and the former is 2.8 acres and they are ajoining so they could be bought together; to top it off, owner may assist in financing
- A great beach tract home in PG is available; a 2/1.5, 1240 sq ft home is only a couple short blocks to beach and on a large 6600 sq ft lot
- A block from downtown Carmel a great value 3/3, 1600 sq ft home is available for $1.349M

Reduced Listings - 5
- $46K average price reduction

Pending in Escrow Listings - 4

Sold Listings - 4
- Average sale price below list price was $129K
- A Spanish Bay condo in Pebble Beach sold for $3M down from $3.5M
- An upper Pebble Beach home held firm at $1.08M

Expired - 4, Canceled - 6, Withdrawn - 1

Visit my website at www.ChristianHaun.com/ for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the laceName w:st="on">CentrallaceName> laceType w:st="on">CoastlaceType> or anywhere in the world...have a great day! – C

 

 

10 Jan 2007 Hotsheet update

New listings - 8
- Great price in Seaside! A 3/2, 1484 sq ft property for $618K; it looks like we're seeing Seaside follow the path of Marina in prices converging closure to $600K and below

Reduced Listings - 5
- Average reduction amount was ~$196K
- Want a lot in Pasadera? One just came down nearly $150K to $845K
- A Monterey Multiplex with ocean views was reduced nearly $300K to $2.195M
- In Seaside some commercial property was reduced $350K to $2M

Back on Market - 3

Pending Escrow Listings - 3
- A new construction "smart home" in Marina just went into escrow; I toured one of the 10 homes the other day; they are very nice, but they are more like large townhouses then homes as there is no yard and they are all attached to each other; the prices on the smaller units are competitive for brand new construction at $644K, you just miss the yard and neighborhood ammenities of other Marina homes priced at or below the $644K price; the "smart home" feature is nice; this is a single point system like a thermostat control, where you can control numerous other functions of the home like lights, TV, stereo, security, and of course heating

Expired - 3, Canceled - 2, Withdrawn - 3

Visit my website at http://www.MontereyBayLiving.com/ for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the laceName w:st="on">CentrallaceName> laceType w:st="on">CoastlaceType> or anywhere in the world...have a great day! – C

5-8 Jan 2007 Hotsheet update

It was a quite weekend so I waited a few days for things to pick up a little, plus it was my birthday...

New Listings - 27
- Some of these new homes coming on the market are not new as they have been on the market before, but instead of them coming back on the MLS as "Back on the Market" they have been off for awhile, or they are being listed by different agents so they get relisted as new
- Pebble Beach and Seaside both had the most new listings at 6 apiece; one of the Pebble listings is an estate sale; I saw it the other day and it has great potential in a great Country Club location, going for $1.4M; there is also a lot in Pebble with an asking price of $4M; it's 2+ acres and has ocean view potential
- I saw a new 3/2, 1500 sq ft property in the Old Monterey neighborhood; great sunny location not far from down town and the wharf; going for $869K
- 2 vacant lots were listed in Monterey; great location, great size, no water; $449K each
- A large mixed residential/commercial property in Seaside for $1.495M; $102K reported as scheduled annual income currently on property

Reduced Listings - 12
- $82K was average price reduction
- A South Coast 4/2, 3000 sq ft, 5 acre property came down $400K to $2.5M

Back on the Market - 14

Pending in Escrow Listings - 19
- This looks like a pretty nice pace for coming off the New Year holiday
- 6 properties were from Carmel; one of which was listed at $6.7M
- In Monterey a 2/1.5 condo went into escrow listed at $449K
- A commercial property in Seaside was picked up; listed at $1.3M

Sold Listings - 6
- Average sale price was $86K below list price
- A 4/3, 2225 sq ft property in Carmel and a 4/3, 2930 sq ft property in Pebble Beach both sold for $200+ below list at $4M and $2M respectively
- A 3/2 in Marina sold for list price of $599K
- A 2/1 Marina condo sold for $5K more than list at $386K

Expired - 9, Canceled - 2, Withdrawn - 3

Visit my website at http://www.MontereyBayLiving.com/ for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the laceName w:st="on">CentrallaceName> laceType w:st="on">CoastlaceType> or anywhere in the world...have a great day! – C

9 Jan 2007 Hotsheet update

New Listings - 6
- $599K gets you a 3/2, 1500 sq ft home in Marina
- Pacific Grove has 3 new properties; one near the ocean for $1.9M
- Get a business in Seaside for $215K

Reduced Listings - 5
- Average price reduction: $45K
- Seaside has a 3/1.5 now listed at $499K down over $70K

Back on the Market - 4

Pending in Escrow Listings - 6
- 3 were from Pacific Grove; 3 come on, 3 go off; one of which was a 2/2, 1299 sq ft property listed at $859K
- 15 acres in Carmel Valley was picked up with a list price of $1.9M

Sold Listings - 4
- Average sale price below list price was $50K
- A 3/3, 1600 sq ft property in Marina sold for list price at $699K
- A Seaside business sold for $120k less than list price at $130K

Expired - 3, Canceled - 3, Withdrawn - 1

Visit my website at http://www.MontereyBayLiving.com/ for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the laceName w:st="on">CentrallaceName> laceType w:st="on">CoastlaceType> or anywhere in the world...have a great day! – C