Going Coastal – Carmel Valley 2-Year Housing Trends

by Kris Berg on August 11, 2009

Going Coastal – Carmel Valley 2-Year Housing Trends

In response to our post of I-15 corridor housing market trends, one of our three readers asked me about Carmel Valley. Since we are all about service here, following is the skinny on our coastal cousin (detached homes in 92130).


Carmel Valley 2-Year Housing Trends 8/09

Quite a different story than the I-15 corridor. Is it just me, or does it look like the trends are reversed? Specifically, inventory seems to be going north in Carmel Valley, and the median price isn’t yet giving off vibes of reversing it’s downward trend. My take-away is that just like a there are leaders and laggards when comparing the market trends of different cities, all communities within the same metro area are not created equal.

Or, put another way, real estate is local. Duh.


ABOUT THE AUTHOR  Kris Berg is Co-Owner and Designated Broker of San Diego Castles Realty. If not-so static web sites are your thing, go here at once where you will find loads of real estate information including homes for sale, market trends, floor plans and more. Kris's hobbies include fencing and spot welding. She likes kittens.


Leave a Comment

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

Previous post: The San Diego Housing Market – It’s better, but no party hats just yet.

Next post: A looming housing shortage in San Diego?