Carmel West Overview
47% of sales $2M-$5M
Carmel West continues to be one of the most desired and strongest markets on the Monterey Peninsula. In this area, 227 homes sold in 2020, in increase of 29%. The median price increased by 18% to $2.175M from $1.844M in 2019. The average sales price increased a similar 20% in 2020 to $2,575,924 from $2,154,400 the year prior. The average price per square foot is $1,302 but in areas like the Golden Rectangle, the average price per square foot is $1,794 with a median sale price of $3,150,000 and average price of $3,689,571. The area is broken into distinct areas and six neighborhoods where location to the beach, town, view, and size of the home drive demand from buyers around the world. The total sales volume for Carmel West in 2020 was $577,826,825, up a staggering 52.4% from the 2019 total of $379,174,368.
52.4% increase in sales dollar volume 2020
26338 Ocean View Avenue | LP $2,995,000 Sold $3,400,000, Seven offers Represented Seller
The Bambace Peterson Team 831.200.3178
bambacepeterson@compass.com @bambacepeterson DRE 01731448
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