It was a quite weekend so I waited a few days for things to pick up a little, plus it was my birthday...

New Listings - 27
- Some of these new homes coming on the market are not new as they have been on the market before, but instead of them coming back on the MLS as "Back on the Market" they have been off for awhile, or they are being listed by different agents so they get relisted as new
- Pebble Beach and Seaside both had the most new listings at 6 apiece; one of the Pebble listings is an estate sale; I saw it the other day and it has great potential in a great Country Club location, going for $1.4M; there is also a lot in Pebble with an asking price of $4M; it's 2+ acres and has ocean view potential
- I saw a new 3/2, 1500 sq ft property in the Old Monterey neighborhood; great sunny location not far from down town and the wharf; going for $869K
- 2 vacant lots were listed in Monterey; great location, great size, no water; $449K each
- A large mixed residential/commercial property in Seaside for $1.495M; $102K reported as scheduled annual income currently on property

Reduced Listings - 12
- $82K was average price reduction
- A South Coast 4/2, 3000 sq ft, 5 acre property came down $400K to $2.5M

Back on the Market - 14

Pending in Escrow Listings - 19
- This looks like a pretty nice pace for coming off the New Year holiday
- 6 properties were from Carmel; one of which was listed at $6.7M
- In Monterey a 2/1.5 condo went into escrow listed at $449K
- A commercial property in Seaside was picked up; listed at $1.3M

Sold Listings - 6
- Average sale price was $86K below list price
- A 4/3, 2225 sq ft property in Carmel and a 4/3, 2930 sq ft property in Pebble Beach both sold for $200+ below list at $4M and $2M respectively
- A 3/2 in Marina sold for list price of $599K
- A 2/1 Marina condo sold for $5K more than list at $386K

Expired - 9, Canceled - 2, Withdrawn - 3

Visit my website at http://www.MontereyBayLiving.com/ for more real estate info. Feel free to contact me if you have any questions about the above info, or if you have any questions about buying or selling real estate here on the laceName w:st="on">CentrallaceName> laceType w:st="on">CoastlaceType> or anywhere in the world...have a great day! – C