Luis Cano's Monterey County Real Estate Blog

A quick review of January: New Listings 468, Current inventory 1433, Closed Sales 231, Days on The Market 69, Average Sales Price $390,863. Median Sales Price $250,000. Percentage of List Price Recieved 97.56%. Total Sales Volume $90,289.461. and all this happened in January 2010.

Until February, I will try to simplify it.

Thanks,

Luis

La gente siempre esta preguntando, Como esta el Mercado? Mi respuesta seria… Cual Mercado? Si se trata del mercado de Bienes Raices, Tomemos en cuenta que cada Mercado es unico y diferente. Ya que tenemos el Mercado nacional, Estatal y Local. Entonces nos concentraremos en el Mercado local en el condado de Monterey. Especialmente cuando como Hispanos somos mas del 50%. En ciudades como Seaside, Salinas, Greenfield y Soledad el impacto ha sido mucho mas fuerte, comparado a las ciudades de Monterey, Carmel, Pacific Grove y Pebble Beach. Ya paso lo peor? Creo que hemos salido de lo peor, pero aun tenemos un camino no facil de recorrer al menos en el futuro cercano. Hemos sido golpeados fuerte pero seguimos de pie y venimos a este pais a trabajar duro. Hagamos un balance de donde venimos, Donde estamos y hacia donde vamos. Yo tengo la certeza que a fuerza de Trabajo, Honestidad y Humildad saldremos de esto mas pronto de lo que pensamos.

We have a total of 102 homes for sale at an average list price of $350,626. 31 active and 71 pending. 10 homes also sold this week and the average sales price was $305,625 with average days on the market at 42 days….This is a weekly report!

Five homes sold and 5 new listings is what this week left in Seaside. Average sales price was $239,600 and Average list price for all homes is $347,423. With 103 current listings… 31 active and 72 pending. Keep going….. This is a weekly report.

Average list price for all homes for sale in Seaside is $340,127. This week close with 6 homes sold at an average sale price of $383,000. Average days on the market is 126 days. Current inventory is 103 homes, 32 active and 71 pending.  Low inventory, Multiple offer is what we are seeing in Seaside. For sellers this could be the time to start getting their home ready for sale…

This week in Marina, 1 home was sold at $303,000 and 7 new homes entered the market place. There are currently 65 homes for sale. 38 of them are pending in Escrow and 27 homes are available. The average list price for all homes on the market is $386,391. This is a weekly Report.

What happened in Seaside this week.? 6 new homes entered the marketplace and 5 homes were sold at an average price of $204,280. And the average days on the market was 113 days. Total homes for sales is 106. The average list price is $369,001. Current inventory of homes is 106 homes. (36 active and 70 pending) This is a weekly report.

Marina California has 61 homes for sale. 39 pending and 22 active. Average list price for all homes is $356,510. This week 1 home sold and 4 new homes came on the market. Average sale price is $ $280,000 and average market time is 32 days. This is a weekly report.

Total inventory of homes for sale in Marina is 61 homes. (27 Actives and 34 Pending) The average list price for all homes is $361,153. This week 3 homes were sold and 2 new ones came on the market. The average sales price is $386,662. Average market time is 156 days. (This is a weekly report)

For the week ending 4/29/2009. There is total of 111 homes for sale. (37 Actives and 74 pending) The average list price is $373,416 and the average sales price is $328,538. A total of 8 homes were sold this week and we saw 2 new homes enter the market. Average days on the market is 42 for the properties sold. (This is a weekly report)