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Ryan Melcher Properties May Newsletter

Dear Friends, The season is upon us! While the real estate season is in full thrust, so is Summer! We all kicked off a week ago (Memorial Day) with backyard BBQ's and Memorial Day parades, enjoying with gratitude the freedoms that so many of us take for granted the other 364 days out of the year. If not for the great sacrifice of those that have fought so bravely over the years, I might not have the...

April Market Report

Dear Friends, Real estate picked up again during April, the close of tax season. I'm happy to report that new listings and more active buyers have followed, including a new listing that I brought to market yesterday in the Miramonte area of the Valley, next door to Bernardus Lodge. I have a good feeling about this season; it should be a great time to list with Summer in front of us and healthy real estate...

Market Comments ~ Week of 4/21- 4/27

I apologize that I was unable to write my weekly comments last Monday. Here are my comments and the activity from last week- Carmel had a total of 4 closed transactions; I continue to see the higher prices captured on Carmel Point, versus the Golden Rectangle. We had a closing for $3.3M on the backside of Carmel Point (not even the prime Point area) at 26276 Camino Real, which was a meticulous home of...

Market Comments ~ Week of 4/7 – 4/13

There were 7 closed transactions in the Carmel real estate markets last week, most notably a sale at Scenic 7 SW of Ocean for an older Carmel cottage with a split level floor plan and some ocean views for $2.7M. There was also an off-market sale at 26070 Ridgewood Road for a finished home in the Mission Trails Park area for $2.395M, a slightly undersized, remodeled home at Casanova 3 SE of 4th sold for...

Carmel & Pebble Beach Market Comments ~ Week of 3/31- 4/6

Carmel Real Estate 4 closed transactions in Carmel last week; there was a sale at Monte Verde 2 NE 13th for an over-sized cottage, slightly dated but a nice design and floor plan for $1.975M, another over-sized dated sale at Carmelo 4 SW of Ocean with a pool for $1.8M with a quirky floor plan, a sale at San Carlos 2 NW 9th (very busy street) for a much older, single walled construction cottage of standard...

Week of 3/17 – 3/23 ~ Carmel Real Estate & Pebble Beach Real Estate

Slight uptick and some nice closings (a total of 6) for Carmel real estate last week. An over-sized European cottage on Casanova & 12th closed escrow for $3.5M. Couple others in the prime areas, including a well appointed, newer cottage on Lopez & 4th that closed for $1.65M and a dated home with good bones on Carmel Point at 2479 17th Avenue for $1.485M. Another 6 new pending sales, none of which...

Week of 3/10 – 3/16 Market Comments ~ Carmel Real Estate & Pebble Beach Real Estate

Carmel real estate picked up the pace last week with 5 closed sales, most notably New England style cottage in the Golden Rectangle on the corner of San Antonio & 11th for $2.05M, with 2 beds and 2 baths, and a peek of the whitewater. Other interesting sales were a slightly over-sized vintage Carmel cottage closed on San Carlos & 13th for $1.2M, and a stunning remodel on a private knoll and...

Week of 3/3 – 3/9 Market Comments ~ Carmel Real Estate & Pebble Beach Real Estate

This week's numbers paint a pretty good picture of where things are heading for Carmel this season. While closed transactions were down to just 1, new sales jumped up in our Carmel real estate market to 9. Our single closing was in the Carmel Woods area on Santa Fe & 2nd for a nicely finished home at $1.6M. Of the 9 new sales, the most notable was a sale on Scenic & Ocean, just inside the Golden...

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