Carmel Valley Annual Real Estate Market Trends
Zip Code: 92130
| Carmel Valley | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $470,475 | $450,000 | 353 | 35 | 97.7% | |||
| 1999 | $509,069 | $479,000 | 421 | 47 | 97.3% | 8.2% | 6.4% | 19.3% |
| 2000 | $607,088 | $539,450 | 402 | 38 | 97.3% | 19.3% | 12.6% | -4.5% |
| 2001 | $697,275 | $624,000 | 513 | 60 | 96.4% | 14.9% | 15.7% | 27.6% |
| 2002 | $772,831 | $680,000 | 634 | 54 | 96.2% | 10.8% | 9.0% | 23.6% |
| 2003 | $889,443 | $759,900 | 737 | 49 | 96.5% | 15.1% | 11.8% | 16.2% |
| 2004 | $1,085,250 | $970,000 | 563 | 36 | 95.4% | 22.0% | 27.6% | -23.6% |
| 2005 | $1,295,136 | $1,053,000 | 463 | 49 | 94.1% | 19.3% | 8.6% | -17.8% |
| 2006 | $1,186,694 | $1,010,500 | 426 | 64 | 94.1% | -8.4% | -4.0% | -8.0% |
| 2007 | $1,201,648 | $1,000,000 | 437 | 58 | 94.6% | 1.3% | -1.0% | 2.6% |
| Carmel Valley | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $205,969 | $205,000 | 344 | 30 | 98.2% | |||
| 1999 | $235,037 | $232,000 | 419 | 36 | 98.2% | 14.1% | 13.2% | 21.8% |
| 2000 | $276,394 | $275,000 | 432 | 22 | 98.6% | 17.6% | 18.5% | 3.1% |
| 2001 | $309,226 | $305,000 | 318 | 33 | 98.2% | 11.9% | 10.9% | -26.4% |
| 2002 | $351,788 | $350,000 | 379 | 31 | 98.1% | 13.8% | 14.8% | 19.2% |
| 2003 | $406,264 | $401,000 | 407 | 26 | 98.4% | 15.5% | 14.6% | 7.4% |
| 2004 | $520,448 | $520,000 | 329 | 25 | 98.3% | 28.1% | 29.7% | -19.2% |
| 2005 | $552,535 | $546,250 | 306 | 48 | 96.9% | 6.2% | 5.0% | -7.0% |
| 2006 | $494,968 | $482,500 | 250 | 63 | 96.4% | -10.4% | -11.7% | -18.3% |
| 2007 | $495,108 | $491,900 | 339 | 43 | 97.2% | 0.0% | 1.9% | 35.6% |
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DEFINITIONS
- Median Price
- Median Price is the price at which 50% of properties sold were above that price and 50% were below.
- Average Price
- Average Price is the sum of all prices divided by the number of sales.
- DOM
- Average Days on Market is calculated from when a property was first put on the market until it was put under contract, or taken off the market.
- SP/LP
- The average selling price divided by the average list price.
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