The first quarter of this year has been as brisk as 2021. I am seeing a few price reductions and slightly longer market time. I’m sure the Ukraine war and rising interest rates are having an effect.
Tag: Monterey Peninsula
2021 Annual Market Statistics
2021 has been an amazing year for sellers but difficult for buyers competing againar multiple buyers. Covid made showings more challenging but we stayed with compliance regulations successfully.
Real Estate During Covid-19
Since our SIP order on March 18, 2020, real estate pretty much stopped since we were unable to show properties unless they were vacant. Showing protocols called for booties, gloves and masks, and properties disinfected after each showing. The situation finally improved about two weeks ago. All visitors are required to sign documentation that they are healthy, understand the risk and will wear masks and gloves. One agent and two guests are allowed in a property. Open houses and Realtor tours are not permissible, only virtual tours and appointments.
It seems the market is amazingly brisk with many families wanting to escape the Bay area and finally make the Monterey Peninsula their home. In the last few days, I have seen properties go into escrow in a matter of days and a couple have sold over asking price. We will see how things develop in the near future.
Most all of our annual events have been cancelled such as the Big Sur Marathon, the Jazz Festival, the Bach Festival, various food festivals, and our wonderful Concours D’Elegance. We all look forward to 2021.
Tomorrow, some restaurants are opening for indoor dining, the shopping center is opening, some hotels, the gym, etc. I am hoping our cases of Covid-19 stay low. The majority of cases being reported are located in Salinas and mostly attributed to the agricultural workers. This is very sad. Living in the salad bowl of America, we certainly want our agricultural workers to stay well. We are all aware it will be a long process before we are back to normal and must be cautious until a vaccine is available. Stay safe and well.
2020 1st Quarter Market Statistics
I hope you are doing well during this unusual time. Since the Covid-19 SIP, we have stayed active and happily can show homes again by appointment with strict guidelines. Pricing has stayed consistent and we will see how things develop over the next few months but we are all feeling positive.
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OPEN HOUSE
12th Ave. at SE Corner of San Carlos | Carmel-By-The-Sea
- Saturday, March 30th | 1 to 3 PM | Lore Lingner
- Sunday, March 31st | 1 to 3 PM | Lisa Talley Dean
Just a few blocks from the charming shops and restaurants of Carmel by the Sea, the cultural arts of the Sunset Center and the white sands of Carmel beach, sits Esprit de la Mer. Possessing an understated elegance that exemplifies Carmel, this single-level home is sited on an oversized corner lot. Planned with a southern orientation, the family room, kitchen and dining room, as well as the rear patio and lush gardens bask in natural light throughout the day. Unusually spacious, the home measures approximately 1870 square feet and features separate living and family rooms, an eat-in kitchen nook and separate dining area. The home has been tastefully updated for a timeless look and features hardwood floors, high ceilings, a separate laundry area, granite counter tops and much more. This turn-key home is ready for full or part-time living and is situated in the coveted Carmel Unified School District.
Listing agent: Lisa Talley Dean – Carmel Realty Company
Tourists Still Lighting Illegal Campfires in Big Sur
Frightening to realize illegal camp fires are being made while we are in our fourth week of the Soberanes Fire. The photos clearly illustrate we need more toilet facilities.
As everyone knows, a gigantic, illegal-campfire-caused wildfire is currently burning in Big Sur. It has already burned over 80,000 acres, destroyed nearly 60 homes, and led to the death of a firefighter. It isn’t expected to be contained, much less out, until the end of September.
You might think this reality – impossible for anyone living in, or visiting, Big Sur to ignore – would cause people to seriously think twice before building illegal fires of their own.
You might think this. But you’d be wrong.
Tourists are still lighting fires along the coast on a nightly basis. Many, in places that directly threaten homes and portions of the backcountry (like the Silver Peak Wilderness) the current fire is expected to spare.
Here, for example, lie the remains of a very recent campfire at Salmon Creek. Remember Salmon Creek?
Notice how it was not put out with water, but…
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Oceanfront Lot – Pacific Grove
Tight Inventory Still Holding Back Bay Area Home Sales
Habitat for Humanity
I am so proud of our agents and my superb committee on the Monterey Peninsula, who participated to make our local offices among the top in Coldwell Banker’s annual fundraiser to benefit our local chapter of Habitat for Humanity
26 LaRancheria, Carmel Valley
Enjoy the beauty, serenity and volume in a private setting of Carmel Valley.
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