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 | $882,474 | $754,500 | 754 | 47 | 97.2% | 14.2% | 11.0% | 18.9% |
| 2004 | $1,082,580 | $968,250 | 572 | 34 | 95.9% | 22.7% | 28.3% | -24.1% |
| 2005 | $1,295,440 | $1,054,000 | 464 | 47 | 95.5% | 19.7% | 8.9% | -18.9% |
| 2006 | $1,180,770 | $1,000,000 | 434 | 64 | 94.7% | -8.9% | -5.1% | -6.5% |
| 2007 | $1,199,900 | $1,000,000 | 438 | 58 | 95.5% | 1.6% | 0.0% | 0.9% |
| 2008 | $1,139,470 | $957,500 | 366 | 56 | 95.2% | -5.0% | -4.3% | -16.4% |
| 2009 | $982,300 | $855,000 | 377 | 68 | 95.7% | -13.8% | -10.7% | 3.0% |
| 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 | $406,284 | $401,000 | 409 | 26 | 98.4% | 15.5% | 14.6% | 7.9% |
| 2004 | $520,997 | $521,000 | 344 | 26 | 98.3% | 28.2% | 29.9% | -15.9% |
| 2005 | $550,273 | $543,240 | 319 | 48 | 97.1% | 5.6% | 4.3% | -7.3% |
| 2006 | $492,766 | $481,250 | 256 | 63 | 96.4% | -10.5% | -11.4% | -19.7% |
| 2007 | $494,962 | $491,900 | 334 | 42 | 97.2% | 0.4% | 2.2% | 30.5% |
| 2008 | $450,224 | $460,000 | 215 | 56 | 96.3% | -9.0% | -6.5% | -35.6% |
| 2009 | $411,298 | $415,000 | 261 | 52 | 97.7% | -8.6% | -9.8% | 21.4% |
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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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