The numbers continue to drop for the Peninsula’s ten markets. Gross dollar volume was down 25% from the 1st quarter of 2007. Unit sales struck a new low with only 157 closed transactions in the quarter, down 27% from a year ago and off the previous low of 179 sales during the fourth quarter of 2007. Days on market was up in seven of the 10 markets. It is taking longer and longer to sell properties

RECENT MARKET ACTIVITY
Want to peek at properties that have been bought and sold in this market lately? Paul and Mark show you what's moving...More

THE CARMEL PREMIUM
A MUST READ if you are buying in Carmel! Special rules apply to real estate inside Carmel's magic square mile. Here's what to look for. More

Class Act

Elegance at Spanish Bay Beautifully remodeled in 2005, this 4,000 sq ft end-unit overlooks the fairway of the 12th hole. It has 3 master suites, a den/bedroom and 3.5 baths. The front courtyard and rear yard are large, very private and designed with children & entertaining in mind.

THE CONDO MARKET
Condo Market Wobbles
Into the New Year

Not even a mother could love this baby. She’s alive but not very good looking and refuses to grow. Maybe the new Fed low-interest diet will perk her up.

COASTAL AND REAL ESTATE LORE
We keep a complete collection of articles on hand for readers who want to know more about real estate in Carmel and on the Monterey Peninsula. Browse articles on houses, condos, Real Estate features and...More