Wednesday, February 29, 2012

East Carmel Neighborhood Summary For 2011 (Bayhill)

Bayhill recovered wonderfully in 2011 moving from 6 sales in 2010 to 15 sales in 2011.  The high sale for 2011 was $735,000 ($650,000 in 2010) with the low sale for 2011 being $359,000 ($300,000 in 2010).  The average sales price in Bayhill was $533,077 increasing from $437,400 in 2010.  ALL of these are very promising numbers as we move into 2012. OF NOTE....the average sales price increases DO NOT mean the neighborhood has grown in value by over $100,000 per home, obviously.  We have simply seen more closed sale activity and with better sales prices than the previous year.  For a complete itemization of all sold homes in 2011 in Bayhill please email us HERE.