Hacienda’s prices have dropped drastically over the last year and a half but the units are selling. In the first quarter only one unit sold but since then there has been fifteen sales.
There are currently nine units on the market, with three of those in escrow.
Below are the units that are active:
Unit # Beds Baths Sq. Ft. List Price Original Price Days on Market
70 2 2 960 $495,000 $495,000 151
41 1 1 650 $349,900 $349,900 365
188 2 2 980 $289,000 $318,500 326
64 2 2 948 $257,000 $257,000 24
120 2 1 850 $229,900 $229,900 1
57 1 1 655 $205,000 $259,000 361
Below are the units that are pending:
Unit # Beds Baths Sq. Ft. List Price Original Price Days on Market
170 2 2 950 $290,000 $399,000 395
22 1 1 650 $215,000 $215,000 21
175 1 1 625 $205,000 $259,000 200
Below are the units that have sold in 2009:
Unit# Beds Baths Sq. Ft. Sales Price Original Price Sale Date Days on Market
165 2 2 1165 $381,000 $389,500 3/18/09 638
178 2 2 1100 $372,500 $385,000 7/29/09 41
26 2 2 1100 $372,500 $380,000 4/21/09 23
206 2 2 1180 $370,000 $380,000 9/16/09 191
189 2 2 1100 $350,000 $359,000 10/9/09 4
155 2 2 1310 $350,000 $350,000 4/14/09 301
144 2 2 950 $275,000 $325,000 4/23/09 726
125 2 2 950 $290,000 $299,000 8/26/09 53
157 2 2 1100 $290,000 $299,000 9/1/09 45
241 2 2 948 $290,000 $299,000 6/12/09 283
259 2 2 950 $300,000 $295,000 9/29/09 124
14 1 1 625 $235,000 $275,000 1/29/09 27
86 2 1 $247,000 $249,000 4/7/09 163
255 1 1 625 $230,000 $249,000 7/21/09 58
174 S 1 515 $190,000 $195,000 4/30/09 39
68 S 1 515 $179,000 $179,000 4/9/09 111
What makes one unit sell while others sit on the market for a year or more? It is simple, Price.
The units that are priced correctly when they go on the market are selling in the first three months; otherwise the sellers chase the market down with price reduction after price reduction.
If you would like additional information on the Real Estate market in Hacienda Carmel or any of the unit that are currently on the market please feel free to contact me.
Tina Carpenter 831.521.0231 www.mymontereybayhomes.com
