Carmel Valley Homes 92130 Modest Dip Continues into 2008

2008 first quarter shows that homes in Carmel Valley had slightly dropped in median home price compared to the median home price in 2007. The 2007 median home price in Carmel Valley was $1,000,000 and in the first quarter of 2008 the median home price is $967,500 from the data taken from SANDICOR. This is a $32,500 drop in median home price for Carmel Valley in North County Coastal San Diego. This is a modest drop in price in comparison to other areas of San Diego County. There were a total of 66 homes that sold in January, February and March of 2008. From the 66 sold Carmel Valley homes the lowest priced sold home was $585,615 and was located on Carmel Springs Way in the Pines while the highest priced home was $3,500,000 located on Meadows Del Mar in Meadows Del Mar.

While doing this report in early May 2008 there were 52 Carmel Valley homes in escrow. The median list price of the 52 Carmel Valley homes in escrow is $964,950. The lowest priced home in escrow is $639,000 located on Carmel Cape in the Pines and the highest priced home in escrow is $2,750,000 located on Three Canyons Point in Del Mar Mesa. In early May 2008 there were 192 Carmel Valley Homes for sale in 92130. If you're thinking about buying or selling a home or condo in Carmel Valley make sure you call us to find out important information on the Carmel Valley Real Estate Market.

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All information is believed to be correct but not guaranteed.

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