Carmel Real Estate Market Sees Few bright Spots in August, 2011

But while there were fewer homes sold there were also fewer Carmel homes for sale, 4.3 percent fewer, to be exact. In fact, August’s total of 823 listings marked the second consecutive month that total listings declined since reaching a 15-month high of 909 in June of 2011. Of the 823 homes listed on the Carmel real estate market, 177 were new listings, down 6.3 percent versus the previous month’s total of 1489 and down nearly 9 percent versus last August’s total of 194 new listings. On average, the Carmel market has seen a total of 197 homes added to the market per month over the past 12 months.
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