China took advantage of an opportunity to sell off 1.2% of their dollar denominated assets last week during the Treasury's auction which had an impact on the credit market thus causing interest rates to edge up. In Carmel Mountain Ranch the following statistics will provide some insight into the Carmel Mountain Ranch single family and condo/townhome market:
Carmel Mountain Ranch Single Family Homes
- January, 2011: Carmel Mountain Ranch Homes for Sale: 26 (Active, contingent, and pending)
- January, 2011: Carmel Mountain Ranch Months of Inventory: 3.4
- December, 2010: Carmel Mountain Ranch Median Home Price $442,000; 20% lower than December, 2009
- December, 2010: Carmel Mountain Ranch Homes Sold: 10; 0% difference from December, 2009
Carmel Mountain Ranch Condos and Townhomes
- January, 2011: Carmel Mountain Ranch Condos for Sale: 23 (Active, contingent, and pending)
- January, 2011: Carmel Mountain Ranch Months of Inventory (Condos): 5.8
- December, 2010: Carmel Mountain Ranch Median Condo Price: $175,000; 56% lower than December, 2009
- December, 2010: Carmel Mountain Ranch Condos Sold: 2; 0% difference from December, 2009
This snapshot is a quick summary from The North county Real Estate Report, a free 23 page real estate market report covering all cities in the North County of San Diego. Feel free to browse the current issue and subscribe to The North County Real Estate Report any time.
Thank you for reading!
Stephen MacLeod
Carmel Mountain Ranch Realtor
Highland Realty
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