Downward price pressure continues on San Diego luxury homes, but that is giving new home buyers opportunities that haven’t been around for years. Jumbo loan financing remains pretty tight, but qualified buyers are finding great bargains. I’ve had my eye on several homes for sale in Carmel Valley.
I notice that homes are selling quickly when the sellers decide to lower their prices. The average market time for all the active listings of Carmel Valley houses for sale is currently almost 4 months, but the houses that have sold (closed escrow) had an average market time of 57 days. So there is demand, but people are looking for good deals… and getting them.
A good example is this Carmel Valley house for sale, priced at $1,299,000. It is a beautiful 4,327 square foot house in the gated community of Torrey Woods Estates. This is a short sale, so lender approval will be required. But some lucky buyer should eventually have their offer approved well below the price of recent sales.
Luxury Homes For Sale In Carmel Valley, San Diego 92130. Top School District.
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Geoffrey Schiering San Diego Real Estate Professionals at RE/MAX Associates (619) 200-7612
Listed by: RE/MAX Associates |
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4,327 square foot elegant luxury home @ $1,299,000 seems to be a hot deal. I think this will lure potential home buyers since the downward trend is very much inviting for first time buyers. Wish you seal the deal quickly.
Regards,
Mack
This is definitely a great buy. The kitchen is absolutely gorgeous. Considering the location, it sounds like an offer too good to be true.
Yeah, short sales will continue to bring pricing down. It’s been the same throughout this downturn – Right Priced Homes Sell Quick –
Carmell Valley luxury homes are frequently situated in good areas but inspecting the home location yourself is very crucial. Always be a savvy shopper and check all the factors related to house hunting. A few of the things you should consider are security and exclusiveness. It’s only natural for stylish neighborhoods to have unique laws to preserve their exclusiveness and you must agree to honor them.
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