2023 Annual Real Estate Market Report ~ Carmel ~ Pebble Beach

Hi Everyone, Happy New Year!! 

A glance back and a look forward

As the New Year begins I am so excited for all the promise it holds. As we step into a new year, I’m thrilled to bring you updates on the ever-evolving real estate market, expert insights, and valuable tips to help you navigate the opportunities and challenges that lie ahead. Whether you’re a seasoned homeowner, a first-time buyer, or simply interested in the world of real estate, this blog  is your trusted guide to making the most out of this exciting new chapter. Join me as we embark on this journey of discovery and growth in the world of real estate!

First a glance back with our 2023 Annual Market Report

Annual Report

Although our Monterey Peninsula was bustling this holiday season, the 4th quarter as a whole, was quieter. A realtor’s personal business is not always reflective of the general market and I was happy to be able to represent clients in the 4th quarter who were completing the first step to their real estate goals and dreams –  several who were relocating to the Monterey Peninsula and another selling their home here to begin their own “next chapter” with new adventures in new places. My phone has begun to ring with clients asking questions about the real estate market and their thoughts of buying or selling in this new year. If you have similar goals, please call me!

Be sure to read our 2023 Annual Report above. You’ll notice that every city on the Peninsula experienced different activity. Some remained very strong and others were down a bit. Factors affecting the market were higher interest rates, macro-economic uncertainty, geopolitical concerns, and other distractions.

This is a very easy to read guide (compared to many I have seen) so if you have an interest in real estate on the Monterey Peninsula – this is a must read.

Future Outlook For Us in 2024?

The demand in our market remains high. After all, who wouldn’t want to live in this beautiful and amazing place. The good news is that interest rates are coming down and this should free up buyers and sellers to eagerly pursue their real estate goals which will provide more inventory for buyers and replacement homes for sellers.

Expert local insight can make or break a deal and can add significant value when demand, product and pricing is changing rapidly. Please reach out to me to discuss your goals or if you have friends or associates that need real estate help.

SAVE THE DATE

Pebble Beach Golf Links during the AT&T, photo by Bob Borden
The AT&T Pebble Beach Pro-Am Golf Tournament takes place from February 1-4th this year and is a PGA Tour Signature Event with top golfers competing for the record-setting $20 million purse.  Whether you go in person or watch on TV, it promises to be a not to miss event.
Susan Clark, realtor at Carmel Realty Company               831-320-6801

As always, if I can help with any of your real estate needs, don’t hesitate to call me. I would love to help you achieve your goals, your desires, and your dreams.

 

SUMMER DAZE IN CARMEL-BY-THE-SEA

CAR WEEK IS HERE!!

We’re in the “heat of the summer”, but here on the Monterey Peninsula luckily we’re not melting or sweltering like some people are not that far from here. So if you need to get cool, c’mon down to Carmel or Pacific Grove and feel the cool ocean breezes and comfortable temperatures.  AND see lots of amazing cars like this fabulous red Ferrari that was exhibited last year in the ‘Prancing Ponies” event.

Prancing Ponies!

Last year among the many car events Prancing Ponies Car Show was complete with Breakfast at Tiffany’s, a fashion show and an array of Ferrari’s and other beautiful cars owned by Women – all to benefit the Prancing Ponies non-profit to raise money to support the education of low income women. Put August 17th on your calendar to attend this year. You can purchase a VIP ticket to support the charity or come for free and enjoy the cars and fashion show. Go to www.prancingpoinies.org  to register.

For information about car shows all week, go to www.whatsupmonterey.com

Have fun!!

Check out this fabulous Corvette!

1934 Ford Sedan

Surfer Girl ~ 841 Rides Again!

Photos by KSBW News

Think Beach Boys in Surfin’ USA on the shores of Santa Cruz. An otter with dreams of being a surf champion surprised and shocked Santa Cruz beach goers when he swam right up to a group of surfers, picked out a board and went for a ride.

 Watch our little Surfer Girl

Can you imagine if you were out surfing and a Surfin’ Sea Otter climbed aboard your surfboard and left you “in the dust” or perhaps a better term would be leaving you “in the surf” – and without your board!

Surfer Girl

 

Surfer Girl is known as “841”, a 5-year old female, who has been taking bites out of surf boards recently with the surfer still on it.  A bit intimidating for a surfer to say the least. We love our sea otters, but they have very big, sharp teeth to crunch on the sea urchins and abalone they love so much – so take care out there.

841

Surfer Girl 841 was born in captivity. Her mother had been removed from the wild because of her aggressive behavior toward people as a result of being fed by the public. An absolute No, No. When it turned out the otter was pregnant, 841 was born.  She was  raised at the Monterey Bay Aquarium and then tagged and released after being deemed ready to go back to the wild. Whoops!

There is a team of trained experts trying to catch Surfer Girl, and then she will be returned to the Monterey Bay Aquarium who will find a home for her. Unfortunately, once that happens, her surfing days will be over. However, so far she has alluded capture. One sharp cookie she is!

Susan Clark having just received her 500 hours of volunteering pin as a Monterey Bay Aquarium Guide

As a guide at the Monterey Bay Aquarium, I get some inside scoop about their sea otter program. I’m sure many of you have seen our sea otters at the Aquarium who have names and personally interact with humans. These sea otters are considered non-releasable, so they are allowed human contact.  When sea otters are rescued, the hope is always to return them to the wild and the care givers wear “hazmat suits of sort” (think like an astronaut outfit) so the otter won’t identify with a human. They also are given numbers and not names, to further keep them at arms length.

The story isn’t over . . . can’t wait for the next installment on this saga.

Wait, is she laughing at us?

Susan's Musings by the Sea