Carmel Valley (San Diego, CA) Market Report - March 23, 2011

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Carmel Valley / Torrey Hills Real Estate Report for March 23, 2011 (sales in last 30 days)

Carmel Valley Single Family Homes

  • Carmel Valley Homes for Sale: 230
  • Carmel Valley Months of Inventory: 2.95
  • Carmel Valley Average Home Price $1,176,068 (sold) and $1,322,010 (active)
  • Carmel Valley Homes Sold: 36
  • Carmel Valley Homes In Escrow: 51

Carmel Valley Condos and Townhomes

  • Carmel Valley Condos for Sale: 71
  • Carmel Valley Months of Inventory: 2.28
  • Carmel Valley Median Condo Price: $395,929 (sold) and $413,435 (active) 
  • Carmel Valley Condos Sold: 16
  • Carmel Valley Condos In Escrow: 25

In the past month, we have had a dictator overthrown in Egypt, a dictator in crisis in Lybia, and a tsunami with nuclear meltdowns in Japan.  These have resulted in investors seeking safe-haven in US bonds, which in turn has driven down interest rates to where they were about two months ago.  This is great for anyone who missed the earlier refi boom - contact Robert at http://www.wjbhomeloan.com or Robert.Boyer@WJBradley.com

Comments (1)

Nevin Williams
Fairway Independent Mortgage Corporation - Cary, NC
Senior Mortgage Advisor

Nice market report Robert!

Mar 23, 2011 02:38 AM