Pacific Grove Real Estate Report - March 2014

Pacific Grove, CA Homes for Sale have seen steady price improvement month to month as well as year to year as inventory levels remain at all-time lows.

The Numbers Month to Month and Year to Year

The median sales price for Pacific Grove, CA Homes for Sale was $745,000 in February 2014 compared to $745,000 during January 2014 and $650,000 February 2013.

The number ofPacific Grove, CA Homes for Salethat sold was 5in February 2014 vs. 15in January 2014 and 9that sold February 2013.

There are 19Pacific Grove, CA Homes for Salethat are in contract which represents 50% of the overall available inventory of 38homes.

A few highlights of the currentPacific Grove, CA Homes for Saleare shown below and represent a nice cross section of properties available, in contract and that have sold.

This Months Most Expensive

The most expensive of allPacific Grove, CA Homes for Salethis month is listed at $10,650,000and includes 4bedrooms, 4.5baths and has 3680sqft. I have shown this home to potential buyers several times in the past and what impressed me the most is the fabulous water front location, attention to detail and the feeling of living right on the water. This is a must see if you have to have a waterfront home in Pacific Grove, CA(schedule a showing).

This Months Least Expensive

The least expensive of allPacific Grove, CA Homes for Salecame in at $459,000 and would be a great home for a first time homebuyer or an investor looking for a fixer close to downtown Pacific Grove. It has 2 bedrooms and 1 bath with 781 sqft and needs some love but is a very charming example of a Pacific Grove cottage.(schedule a showing).

This Months Must See

There were some greatPacific Grove, CA Homes for Saleto consider for this months ‘Must See home tour.

A home on the lower part of 17th Street ...