Real estate market in Pebble Beach continues to be in demand in the lower price ranges. There are currently 80 homes actively on the market. The inventory of homes for sale is down from previous years. The current median price of available homes is: $2,400,000 with a low of: $775,000 and a high of: $27,000,000. The median price of homes currently in escrow is: $1,235,000 with a low of: $598,000 and a high of: $5,500,000
Closed Sales Pebble Beach March 2012
| Address |
List Price |
Beds |
Baths |
Sale Price |
Bldg SqFt |
| 4077 CREST RD |
$510,000 |
3 |
2 |
$575,000 |
2347 |
| 4156 EL BOSQUE DR |
$529,900 |
2 |
2 |
$475,000 |
1239 |
| 2969 SLOAT RD |
$534,900 |
3 |
2 |
$538,000 |
1474 |
| 4113 EL BOSQUE DR |
$598,000 |
2 |
2 |
$590,099 |
1638 |
| 1130 WILDCAT CANYON RD |
$629,900 |
3 |
2 |
$575,000 |
1407 |
| 4056 CREST RD |
$689,000 |
3 |
2 |
$637,199 |
1548 |
| 3097 SLOAT RD |
$699,000 |
3 |
3 |
$640,000 |
1812 |
| 1095 MARINERS WY |
$750,000 |
3 |
2 1/2 |
$687,400 |
1991 |
| 4020 COSTADO RD |
$798,000 |
3 |
2 1/2 |
$760,000 |
2245 |
| 1038 WRANGLERS TRAIL RD |
$1,198,000 |
3 |
2 1/2 |
$1,028,000 |
2351 |
| 3113 HERMITAGE RD |
$1,250,000 |
3 |
3 |
$1,042,500 |
2937 |
| 1043 LOST BARRANCA RD |
$1,749,000 |
4 |
2 1/2 |
$1,650,000 |
4455 |
| 2930 BIRD ROCK RD |
$2,250,000 |
5 |
4+ |
$2,025,000 |
2927 |
| 1003 RODEO RD |
$2,499,000 |
3 |
3 1/2 |
$2,025,000 |
4186 |
| 1036 RODEO RD |
$4,500,000 |
3 |
3 |
$4,250,000 |
2714 |
Eric has been a Realtor, and along with his wife and son a resident of the beautiful Monterey Peninsula for over 20 years. He will guide and assist you in all aspects of selling a house in Pacific Grove, Pebble Beach, Monterey and Carmel. Because of his decades of experience he knows the local market niches, price points, real estate values and market trends. Eric offers a level of service and experience most other agents are not capable of offering. Please call Eric for a confidential discussion of your real estate needs.
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Market in Pacific Grove continues to be in demand in the lower price ranges. There are currently 47 homes actively on the market. The inventory of homes for sale is down substantially from previous years. The current median price of available homes is: $815,000 with a low of: $249,000 and a high of: $12,900,000. The median price of homes currently in escrow is: $525,000 with a low of: $325,000 and a high of: $1,575,000
Closed Sales Pacific Grove March 2012
| List Price |
Address |
Beds |
Baths |
Sale Price |
Bldg SqFt |
| $359,000 |
1267 BUENA VISTA AV |
3 |
1 |
$350,000 |
1140 |
| $360,000 |
994 BENITO CT |
3 |
1 |
$360,000 |
945 |
| $365,000 |
1323 LINCOLN AV |
2 |
1 |
$325,000 |
0 |
| $389,000 |
2840 FOREST HILL BL |
2 |
1 |
$380,000 |
1100 |
| $400,000 |
110 MONTEREY AV |
1 |
1 |
$287,000 |
0 |
| $419,000 |
802 WORKMAN PL |
3 |
1 1/2 |
$410,000 |
1058 |
| $449,000 |
901 SINEX AV |
3 |
2 |
$415,000 |
1344 |
| $455,000 |
815 17 MILE DR |
3 |
2 |
$440,000 |
1348 |
| $455,000 |
512 WILLOW ST |
2 |
1 1/2 |
$445,000 |
1040 |
| $465,000 |
810 SPRUCE AV |
3 |
2 |
$400,500 |
915 |
| $469,900 |
230 SINEX AV |
2 |
1 |
$468,500 |
796 |
| $499,000 |
607 FOREST AV |
2 |
2 |
$505,000 |
1355 |
| $499,900 |
739 MERMAID AV |
3 |
2 |
$499,900 |
1339 |
| $524,800 |
311 PARK ST |
3 |
2 1/2 |
$524,800 |
1536 |
| $529,900 |
454 17 MILE DR |
3 |
1 |
$529,000 |
1152 |
| $529,900 |
230 7TH ST |
4 |
2 |
$520,000 |
1440 |
| $545,000 |
934 FOUNTAIN AV |
2 |
1 |
$511,000 |
928 |
| $595,000 |
518 WALNUT ST |
3 |
2 1/2 |
$555,000 |
1392 |
| $640,000 |
615 FOREST AV |
2 |
2 |
$633,000 |
1625 |
| $675,000 |
937 19TH ST |
3 |
3 |
$575,000 |
2396 |
| $679,000 |
943 CEDAR ST |
3 |
2 |
$650,000 |
1420 |
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The Monterey peninsula has much to offer. The main industry is agriculture, but tourism, education and real estate are all driving forces in the economy. For over 100 years the peninsula has been sought after for its real estate as a safe haven for vacation property, ideal place to raise a family or that special place for blissful retirement. The choices are many and varied. Pebble Beach real estate with surprisingly affordable single level ranch homes, to near palaces on the Pacific ranges from 500K – 25mil. with many choices in between. Pebble Beach has no town center but offers world class golf resorts, tranquil forest, incredible Pacific ocean grandeur along 17 Mile Drive in a quiet gated community. Pacific Grove real estate ranging from 300K to several million, offers cottage fixers, ocean front Victorian and many modest choices in between, including condominium, duplexes near town and investment, multi-unit opportunities. Monterey real estate, similar to Pacific Grove in prices, offers warmer weather, a more cosmopolitan downtown and a bit faster pace than its neighbors Pacific Grove and Pebble Beach. Over “the hill” in Carmel real estate is a complex market. The most sought after and expensive within the city limits mostly going over 1 mil. The outlying areas of Carmel real estate offer great and varied choices including panoramic ocean view, larger professional homes, small cottages and single level ranch homes in the Carmel sunbelt. Along with abundant wildlife viewing and great weather makes Carmel and it’s outlying areas another great peninsula possibility. Carmel Valley and Monterey Salinas Highway real estate areas offer sun, warmer weather, generous land and square footage possibilities as well many niche markets including golf resort, horse and estate properties. In fact in many ways Monterey peninsula real estate is one big niche market. Why not give me a call and I’ll show you around! Or bring the peninsula to you by selecting the links to the Monterey peninsula at my website www.ericstauffer.com Hope to hear from you soon!
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Monterey real estate market. Lower end price range tightening up across the Monterey peninsula. Despite on-going negative real estate news, lower end sales spurred by interest rates and prices have been brisk. This may not be obvious unless you are actively in the market or a Realtor familiar with the local market, but number of choices and amenities are on the decline in many areas. This is one of the subtle signs of an improving market. Simple supply and demand at work. While short sales and market reports of bad real estate market continue, those not active in the market may be missing out by not taking advantage of the low interest rates and declining supply of lower end choices. Inventory of homes for sale in Monterey is down with currently only 66 and only 19 under 500K and of those only 8 are 3 bed 2 bath or more.
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Pacific Grove real estate market tightening up. Lower end homes across the Monterey peninsula are getting harder to find. This may not be obvious unless you are actively in the market or a Realtor familiar with the local market, but number of choices and amenities are on the decline in many areas. This is one of the subtle signs of an improving market. Simple supply and demand at work. While short sales and market reports of bad real estate market continue, those not active in the market may be missing out by not taking advantage of the low interest rates and declining supply of lower end choices. Currently 93 homes on the market in Pacific Grove there are only 22 under 500K and only 5 of these are 3 bed 2 bath or greater.
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