Pebble Beach, CA Market Trends for September 2008

Although Monterey County is showing a large drop in average and median price over the past several months, Pebble Beach is holding it's own! Sales have been steady and most areas are holding value quite well under the current market pressures. We are actually ahead of last years sales figures! Who would have figured that with all the negative press!!!

Inventory is healthy, but not too far out of line for this high end community where it normally takes longer to sell a property.

There are some fantastic buys for second home buyers that want a piece of prime real estate. A modest country club side home in Pebble Beach is running right around $1,000,000. Something on the more prestigous estate side can cost you quite a bit more, depending on the view.

To drill down even deeper, try one of these links:

Monthly Market Trends Newsletter

Current Home Sales, City by City