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KYLE STANLEY

Ranch & Coast Experts!

(619) 757-5169
Kyle@DelMarRealtyPartners.com

Carmel Valley Inventory is Tightening

02/02/2016 by admin Leave a Comment

THIS WEEK

This week the medium list price for San Diego, Carmel Valley 92130 is $1,299,000.

Inventory is tightening and days- on-market is falling. The Market Action Index (MAI) shows demand heating up. These are relatively bullish signs for the Carmel Valley real estate market.

SUPPLY AND DEMAND

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in a Seller’s zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

PRICE

Carmel Valley home prices seem to have settled around a plateau. Look for a persistent down-shift in the MAI before we see prices deviate from these levels.

MAI (Market Action Index)

The Market Action Index answers the question “how’s the market?” by measuring the current rate of sale versus the amount of Carmel Valley homes for sale. Index above 30 implies seller market conditions. Below 30, conditions favor the buyer.

For additional information please call Chris & Kyle at (858) 213-9999. Thank you!

Filed Under: Buyers, Carmel Valley, Fairbanks Highlands, Gated Communities, Golf, Inventory, Market Trends, Real estate, San Diego, Sellers Tagged With: 92130, carmel, conditions, diego, estate, home, inventory, market, real, sales, san, valley

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Del Mar Realty Partners

Kyle Stanley - Broker/Associate
(619) 757-5169

BRE Lic. No. 01858490

WHAT WE DO

White glove representation of luxury home buyers and sellers in Del Mar, Carmel Valley, Rancho Santa Fe, Solana Beach, Encinitas, Carlsbad, La Jolla and other fine communities in San Diego.

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Professional services includes Del Mar & Solana Beach vacation rentals plus luxury race track season beach homes and condos.

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