About Carmel Valley's Quail Lodge

Here is our 2009 third quarter update for the Quail Lodge and Quail Meadows real estate market. Since our last update there have been three new sales.

The third quarter marketplace results are:

-Eight properties have sold thus far in 2009

7020 Valley Greens Drive #2- Sale price $604,000

7020 Valley Greens Drive#16- Sale price $775,000

8014 River Place- Sale price $965,000

8036 Poplar Lane- Sale price $995,000 (private sale not on multiple listing service)

8070 Lake Place- Sale price $1,075,000

8001 River Place- Sale price $1,200,000

7036 Valley Greens Circle- Sale price $2,398,000

5472 Quail Way- Sale price $4,100,000

-Presently there are six homes and one condominium on the market in Quail Lodge and Quail Meadows

5492 Quail Meadows Dr.- List price $4,695,000

7011 Valley Greens Circle- List price $2,521,680

8074 Lake Place- List price $2,250,000

8069 Lake Place- List price $1,499,000

7068 Valley Greens Circle- List price $1,439,000

7086 Valley Greens Circle- List price $1,095,-000

7020 Valley Greens Dr.#10 List price $615,000

-There are currently two homes in escrow

8073 Lake Place and 8008 River Place

It seems that spring and now summer hyave helped out the Quail Lodge real estate market; things have finnaly picked up. There was only one property that sold in the first quarter compared to four in the last quarter. There are currently four properties in escrow; which is much more in line with the past healthy Quail market. As I have said before it is all in the pricing!

The second quarter marketplace results are:

• Five proeprties have sold thus far in 2009

7020 Valley Greens Drive #16- Sale price $775,000

7020 Valley Greens Drive #2- Sale price$604,000

8014 River Place- Sale price $965,000

8036 Poplar Lane- Sale price $995,000

8001 River Place- Sale price $1,200,000

• Presently there are seven homes and one condominuium on the market in Quail Lodge and Quail Meadows

5492 Quail Meadows Drive- List price $5,800,000

5472 Quail Way- List price $5,495,000

5461 Quail Meadows Drive- List price $2,995,000

8074 Lake Place- List price $2,250,000

8069 Lake Place- List price $1,499,000

7062 Fairway Place- List price $1,895,000

7068 Valley Greens Circle- List price $1,439,000

7020 Valley Greens Circle- List price $645,000

• There are currently four homes in escrow

7036 Valley Greens Circle

8073 Lake Place

8070 Lake Place

8008 River Place

For more information on Carmel Real Estate visit www.mymontereybayhomes.com

Yeah...it seems that Quail is finally heating up. After a very slow start this year Quail Lodge finally has two sales both condominiums and two homes in escrow.

Sales for 2009:

• 7020 Valley Greens Drive #16 sold for $775,000 on 4/6/09 after being on the market for 284 days.
• 7020 Valley Greens Drive #2 sold for $604,000 on 4/30/09 after being on the market for 55 days.

Pending sales:

• 8001 River Place is due to close escrow on 6/19/09
• 8073 Lake Place is due to close escrow on 6/30/09

There are currently 9 homes and 1 Condominum on the market in Quail Lodge.

Current homes on the market:

• 8070 Lake Place $1,375,000
• 8080 River Place $1,500,000
• 7068 Valley Greens Circle $1,699,000
• 8069 Lake Place $1,775,000
• 7062 Fairway Place $1,895,000
• 8074 Lake Place $2,250,000
• 7036 Valley Greens Circle $2,568,808
• 7076 Valley Greens Circle $2,795,000

Current condominum on the market:

• 7020 Valley Greens Drive #10 $645,000

For more information regarding 7020 Valley Greens Drive #10 or any other listing in Quail Lodge please call Tina 831.521.0231 or visit www.mymontereybayhomes.com