The average active price of Carmel homes for sale fell 1.1 percent, from $437,000 in May to $432,000 in June. While this is barely worth mentioning, what is more noteworthy is the fact that compared to June of 2010 this is a difference of -7.1 percent. Looking at the performance of this same metric for the Carmel real estate market in quarterly increments, the average active price from April through June of this year was just $431,000, or 8.3 percent less, compared to this same quarter in 2010, when the average active price was $470,000.
Moving on, the average ‘sold’ price rose 7.8 percent, from $321,000 in May to $346,000 in June, 2011. What’s more, this is an increase of 7.1 percent versus last June’s average of $323,000. The average active price from April through June of 2011 was $328,000 compared $306,000 during this same period in 2010, making for a healthy 7.2-percent increase in the average ‘sold’ price.