Investment property

Top 5 Neighborhoods in Carmel in 2021

Carmel or Carmel-by-the-Sea is basically the same place. This city in Monterey California was founded in 1902 and incorporated in 1916 situated on the Monterey Peninsula. This 1 mi.² village is as unique in charm as it is fun and entertaining residents. One fun fact is that unwilling to see their village become too engulfed in the city culture, Carmel's founding fathers rejected the practice of house to house mail delivery in favor of a central post office. And to this day, there are still no addresses, parking meters, street lights, or sidewalks outside of Carmel's downtown commercial area. You're likely to hear neighbors call out directions such as it's the second house on the right past the driftwood fence and so forth.

Often referred to as simply Carmel, there are still a few neighborhoods that are becoming quite popular or have fluctuated with the ebb and flow of today's society. If you're considering a move to Carmel, here are some of the top five neighborhoods for 2021.

Carmel PointCARMEL POINT

Located just south of downtown, technically outside of the city limits, this beautiful small peninsula offers unobstructed views of Carmel Bay, the Peninsula up along the Pebble Beach and south to Point Lobos and Pine Ridge. This community features the Carmel River elementary school, a few bed and breakfasts, inns and Mara Beach Carmel. You won't find any fussy homeowner association dues or major restrictions but all these homes are already built out so if you're looking to customize a property on Carmel Point, you'll probably have to find an older home that needs a major renovation. Properties on Carmel point offer stunning views, especially...

November 2020 vs November 2019 Real Estate Market Data for Single Family Homes

High demand with low inventory plus low interest rates, the real estate market stays hot amidst the pandemic.

In Santa Cruz county, the median Single Family home costing $1,050,000 was sold in just 8 days. (mlslistings.com)

single_family_homes_year_over_year_november_2020_vs_november_2019

More Market Data:

October 2020 vs September 2020

Market Data October 2020 vs October 2019

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Single Family Homes Market Data Current Month vs Prior Month October 2020 vs September 2020

In Santa Cruz County, the median single family home cost $1,055,500 and sold in 10 days for 102% of the list price based on 182 sales in October 2020.

Single Family Homes Market Data Current Month vs Prior Month October 2020 vs September 2020

More market data

Market Data Santa Cruz County - Increased Median Price September, 2020

Santa Cruz County Market Median Price Update

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Market Data for Single Family Homes Year-over-Year - July 2020 vs. July 2019

High Demand for Housing Continues Despite COVID. In Santa Cruz county, inventory was down -7% from June, and down -35% from July 2019 with 390 homes available, compared to 603 homes last year. Number of new listings for the month of July increased 5% over June, and decreased -11% from July of last year.

In Monterey county, inventory was down -7% from June, and down -24% from July 2019 with 668 homes available, compared to 880 homes last year.

- MLSlistings

Market Data for Single Family Homes Year-over-Year - July 2020 vs. July 2019

More market data reports below:

Market Data Single Family Homes July 2020 vs. June 2020

Market Info Q2 2020 National Economic Overview

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Market Data Single Family Homes July 2020 vs. June 2020

Despite the coronavirus pandemic, the real estate market continued to exhibit strength during July. Median prices again rose across all five MLSListings counties compared to July 2019; the lowest gain was 7% in Santa Clara County, and the highest increase in median price was 19% in San Benito County. 

In Santa Cruz County, the median Single Family home cost $1,000,000 and sold in 15 days for 100% of the list price based on 223 sales in July 2020.

 MLSListingsMarket data single family homes July 2020 vs. June 2020

More Market Data here

May 2020 vs May 2019 Real Estate Market Data for Single Family Homes

Market Data Condo, Townhomes May 2020 vs April 2020

June 2020 vs. June 2019 Market Data for Single Family Homes

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What's the Better Investment : Real Estate or Stocks?

stock marketAn investment portfolio of a mix of stocks and real estate is always ideal but what if owning both were not possible?

 What if you could only choose one of them and had to stick with it for the rest of your investing life?

 Which one would be the better choice?

 While stocks have been a traditional mainstay for investors for over two centuries within the U.S. - the New York Stock Exchange (NYSE) began in 1817 - many would-be investors have not considered the benefits of using real estate as an investment vehicle instead of just a place to lay one’s head.

 Real estate can offer lower risk, higher returns, and more diversification than stocks if invested correctly.

 That is not to say that stocks do not offer benefits to investors, it is just that real estate has many more practical applications that can translate into real-world value - value that a stock certificate can not achieve outside of the investment arena it is traded in.

 So, which one is the better investment vehicle?

 Each investor’s financial situation and goals are different which makes the final decision an individual one.

 However, sound investing information can go a long way to helping investors make a decision that is right for them.

 By no means is this article trying to negate investing in one asset class over the other. Its main objective is to ...

Current Homes for Sale
Santa Cruz County
City # Price Range
Aptos Homes 61 $399k - $6.0m
Capitola Homes 32 $220k - $3.3m
Rio Del Mar / Seascape Homes 37 $399k - $4.3m
Santa Cruz Events 167 $155k - $30.0m
Santa Cruz Homes 167 $155k - $30.0m
Santa Cruz Real Estate 167 $155k - $30.0m
Monterey County
City # Price Range
$0-$300000 194 $28k - $28.5m
Alta Mesa-Monterey 194 $28k - $28.5m
Big Sur Homes 5 $2.8m - $35.0m
Carmel Homes 121 $250k - $40.0m
Fishermans Flats 194 $28k - $28.5m
Glenwood Circle Monterey 194 $28k - $28.5m
Monterey Homes For Sale 194 $28k - $28.5m
Oak Grove Monterey 194 $28k - $28.5m
Old Town Monterey 194 $28k - $28.5m
Pebble Beach Homes 35 $1.1m - $33.5m
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