Thursday, September 23, 2010

TORREY HILLS KOBE AUSTIN MARKET UPDATE - August 2010

As most of you know I am passionate about keeping my clients informed as to the market conditions.  Below you will find the results from the research done from January 2009 - August 2009 compared with January 2010 - August 2010.

#1 – 2009 “Detached” Sales from January 1st – August 31st
        a. Number of “Detached” Homes Sold: 79
        b. Average Price of a Detached Home: $1,046,266.00

#2 - 2010 “Detached” Sales from January 1st – August 31st
       a. Number of “Detached” Homes Sold: 113 (31% increase)
       b. Average Price of a Detached Home: $1,042,359.00 (1% Decrease)

#3 - There are currently 245 homes in various stages of foreclosure in Carmel Valley

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