Tag Archives: Annual Report

Carmel Realty Company, Golf on the Monterey Peninsula

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.

 

Carmel Realty Company, Homes for Sale

Real Estate on the Monterey Peninsula ~ Looking back on 2020

 

2020 Annual Report ~ Real Estate on the Monterey Peninsula

Susan Clark, realtor, Carmel Realty Company

Message from Susan – Click below

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It’s a New Dawn, a New Day, and a new 2021!

       Annual Report ~ 2020 Real Estate on the Monterey Peninsula

As realtors we always look back at the end of the year in preparation for going forward.  As I am sure none of you need to be reminded, 2020 was  unprecedented.  With a global COVID pandemic raging, along with social and political unrest, the country had its “hands full”.  Locally here in March stay-at-home orders were mandated and real estate came to a screeching halt for the next couple of months.  As realtors we adapted to the “No Showings” order by using additional video, virtual tours, Matterport 3- D tours and extensive Social Media. Out of necessity we found additional means to showcase our sellers’ properties.

When the order was lifted for essential services in May, showings by appointment only were allowed with buyers wearing booties, masks, and rubber gloves.  We did everything possible to keep everyone safe.  The pent up demand took off and the local real estate market experienced a major surge in business.  All 9 markets my company tracks had a significant increase in demand with multiple offers becoming the norm when properties would come on the market.  Our annual report is attached. The statistics and commentary tell this story – each market a little different, but all showing significant increases. I encourage you to take a look.

What’s in store now is everyone’s question. In my view, it’s a new dawn, a new day, and a new 2021! I’m very optimistic.  Yes, January has begun slower than we’d like and there is still a stay-at-home order in place, but interest rates are still low and the country is making strides on getting people vaccinated for Covid.  The new Administration is making this a top priority and there is an additional stimulus bill on the horizon.  The silver lining of the pandemic may be that many of our buyers have found they can live on the Monterey Peninsula and work remotely increasing the number of full time families in our community.

If you seek to explore new changes in your life real estate-wise, I’m here to assist in any way I can. Call me to talk or just say hello.  I love hearing from my clients and friends.

Just Listed! 1222 Shafter, 3BR/2BA Offered at $1,000,000

Just Listed!  1222 Shafter, Pacific Grove, 3BR/2BA

Offered at $1,000,000 ~ Showing by Appointment