It's been a busy month for us and it's safe to say that we are in a "seller's market". Inventory remains low throughout the Monterey Peninsula, multiple offers are not uncommon and average days on market are dropping monthly. Here is a snapshot for Pebble Beach - 93953.
And.....here are a few more stats:
This Month Last Month A Year Ago
Closed Sales 17 12 11
Median Sales Price $2.4M $3.4M $2.53M
Median Days on Market 66 127 96
New Listings 19 17 11
Avg % List Price Received 97% 93% 94%
Avg Price Per SQFT $911 $1083 $793
Source: Aculist