Carmel Valley Condo Values 2007 December

Carmel Valley Condo Values in December 2007

Carmel Valley Real Estate and Condos Market Conditions by eHomeConnect

When it comes time to find out what your Carmel Valley Condo Value is make sure you contact eHomeConnect. Your Carmel Valley Condo Value is based on many factors and it will take an expert to value, market and sell your Carmel Valley Condominium. At eHomeConnect we offer a FREE CMA or Comparative Market Analysis to show you what your Carmel Valley condo is worth and why. We will put together for you, free of charge, a detailed report on other condos in Carmel Valley that have closed escrow, are in escrow and condos that are currently on the market. It is also very important that the market trends in Carmel Valley are heavily taken into consideration with real estate trends in San Diego on the move. We are the Carmel Valley Condo Values Experts!

 There are currently 97 condos for sale in 92130 Carmel Valley. The average sales price for a condo in Carmel Valley is $474,531 with 73 average days on the market. The lowest priced condo is $319,000 and the highest priced condo is $825,000. Many of these condos are in The Lakes on Carmel Vista Road, Del Mar Villas on Carmel Creek Road, Camino Villas on Caminito El Rincon and Andalucia on Mykonos Lane.

 San Diego Condo Search     Carmel Valley Condo Search

There are many condos for sale in Carmel Valley. Our web site allows you to preview all Carmel Valley Condos that are for sale. Our web site has IDX which is a feature that allows us to show you all condos that are available for sale in San Diego. Our San Diego Real Estate Search Engine is the fastest there is with the best tools and maps. If you’re considering the purchase of a condo in Carmel Valley sign up for our FREE VIP MEMBERSHIP or contact eHomeConnect today.

Condos for Sale in Carmel Valley

Inventory Check for Carmel Valley 2007

Active Condos on the Market

December     2007     97  Carmel Valley Condos
November    2007   100 Carmel Valley Condos
October        2007    104 Carmel Valley Condos
September   2007      97 Carmel Valley Condos

The inventory of Carmel Valley condos has stayed consistent over the past 4 months. Currently there are 97 condos available for sale in Carmel Valley and if you’re interested in buying a condo here it’s a great time.

Carmel Valley Condos Sold by Year
2004, 2005, 2006, 2007 Year to Date

Year     # of Condos SOLD    Average SOLD Price  Avg. DOM

2007             326 Jan 1 – Nov 30    $498,265                47
2006             256                              $493,279                69
2005             319                              $550,532                50
2004            344                               $521,341                 26

So for this year there have been 326 condos sold in Carmel Valley. There’s still one month of sales left in 2007 and already there are 70 more condos sold in 2007 then in 2006. Prices for condos in Carmel Valley are about the same as last year on average and still over $50,000 less than in 2005.

Carmel Valley Condos Sold in November by Year
4 Years of Carmel Valley Real Estate Data

Year      Month      # SOLD  Avg. SOLD Price    Avg. DOM

2007 November  13  Condos      $507,646            55
2006 November  12  Condos      $446,041            75
2005 November  17  Condos      $614,011            55
2004 November  22  Condos      $529,109           46

Carmel Valley Condos Sold by Month
7 Months of Carmel Valley Real Estate Data

Year    Month     # SOLD   Avg. SOLD Price   Avg. DOM

2007   Nov         13  Condos     $507,646              55  
2007   Oct          16  Condos     $476,858              69
2007   Sept        19  Condos     $519,671               29
2007   Aug         39  Condos     $516,002             33
2007   July        33  Condos     $514,941              28
2007   June       40  Condos     $484,187              51
2007   May        35  Condos     $525,927              39

As usual in San Diego real estate markets the sales slow going into the holiday and winter months. This year is no exception. The last 7 months of data for Carmel Valley shows us condo prices ranging from high $400,000’s to low $500,000’s. If you’re interested in buying a condo in Carmel Valley contact eHomeConnect.

Carmel Valley Condos and Town homes update shows that 13 condos closed escrow in November of 2007. Out of the 13 condos sold in Carmel Valley in November the average sales price was $507,646 while the average marketed price was $530,110. The lowest priced condo sold in Carmel Valley was $337,500 and was a 1 bedroom 1 bath with 886 square feet. The highest priced condo sold in Carmel Valley was at $640,000 and was a 3 bedroom 3 bath condo with 2,022 square feet. The average market time before entering into escrow was 55 days with the longest being 130 days and the shortest being 0 days.

There are currently 15 condos in escrow in 92130 with an average list price of $529,201 and an average DOM “Days on Market” of 44 days. There were 15 expired listings, 21 cancelled listings and 7 withdrawn listing that were condos in the Carmel Valley Area for November of 2007.

This is a great time to buy a condo in Carmel Valley. There is a good amount of inventory and sales are sluggish which allows buyers to have the upper hand. Visit eHomeConnect today to find out more.

When you need help with your Carmel Valley Real Estate purchase or sale please contact eHomeConnect – We’re ready to help.