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Q2 Market Report

Real estate markets across the country are cooling after two plus years of pandemic related growth. With macro-economic pressure such as inflation and higher interest rates, sales volume has declined in most markets throughout the US. After almost eight quarters of extraordinary growth across Monterey Peninsula, we are now seeing signs of normalization, although the decline is not as significant as in other parts of the country. 

The demand for living in this region remains high and continues to outpace supply. Despite some cooling, the Q2 2022 average sales price had almost no change compared to last quarter, and is up 11% from Q2 2021. Take a more detailed look through our report to learn more.

TEAM HIGHLIGHTS

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LIFETIME SALES

$505M+

$505M+

CARMEL BY THE SEA 

#2 agent

2019

BY SALES VOLUME

#3 small team

in carmel

2021

According to Real Trends
and as advertised in the Wall Street Journal

TOTAL SALES

$58M+

IN 2021

Real Estate Services (5).png

Devon Meeker

(650) 759 4193
devon
@devonmeeker.com
DRE#02074131

​

Dolores Street between 7th & 8th

PO Drawer C

Carmel-by-the-Sea, CA 93921

CONTACT

LOCATION

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© 2022 DEVON MEEKER REALTY

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