Carmel Valley San Diego Real Estate Update

Housing Update September 2011

Your #1 source for San Diego County real estate market updates, featuring Carmel Valley real estate and houses for sale in Del Mar. Each week we analyze the trends for coastal San Diego real estate looking at available, pending and recently sold Carmel Valley properties . Our goal is to help provide you identify the current market conditions and future trends for our local real estate prices.

Important Note: The Carmel Valley Life is not held responsible for any random bursts of joy you will likely experience while exploring your community resource website. Due to the overwhelmingly increased sense of community and connection commonly experienced on this site, we encourage you to view any material with a friend should you need any assistance. The Carmel Valley Life is proud to be a community run and operated website and blog. It is intended to be used as a resource by the community of Carmel Valley San Diego and other parts of North County San Diego. Should you or someone you know like to contribute to the site with your expertise, knowledge, skill or voice, please contact us immediately. Passion, involvement and contribution is highly encouraged and welcomed. Thank you and please continue to enjoy this article.

The Bottom Line – This week in the Carmel Valley real estate market we have seen the same steady pace of home sales that we have seen all year. 25 Carmel Valley homes have gone into escrow or closed over the last week. The average list price has remained consistent over the year proving that the market is strong for Carmel Valley homes, see the chart below to view the average listing and sales prices. The 10 Carmel Valley homes that sold ranged from a low of $240K to a high of $1.295 million. Most of the sales this week were in the mid to high ranges of $650K to over $1.2 million.

While first time home buyers and investors continue to purchase affordable Carmel Valley condos like Pell Place and The Lakes, which offer great amenities and location, Well established communities like Promontory, Huntington Heights and Amador homes were more relevant.

Last week the average selling price of Carmel Valley real estate was $796,900 with most sales in the mid to high ranges. The consistency in sales of Carmel Valley homes priced above $500k shows value in the community overall. There were 11 Carmel Valley homes that went off the market in 30 days or less showing quick market times!

For sellers it’s critical in a tough market to hire a team that offers “out of the box” marketing expertise to allow your home to stand out of the crowd. For buyers it’s important to work with an agent who knows where to focus on and how to negotiate the best deal.

Ryan Dalzell | Real Estate Expert

The Dalzell Group is an all-family real estate team that has successfully represented buyers and sellers in San Diego since 1992. Headed by Jim, Ryan and Kevin, the Dalzell Group has experienced both good and bad markets and consistently produced results that keep their clients coming back. Ryan Dalzell coordinates the team’s marketing program. He joined the group in 2004 after working as a flight instructor in Carlsbad. Ryan lives in Carmel Valley with his wife Julie and their 3 children.