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REAL ESTATE MARKET DATA
 

C.A.R.
APRIL 2004
*days on market (DOM)

E. Salinas Median Price    $377,708 24 Sales with average of   25  DOM

S. Salinas

Median Price    $449,645

31 Sales with average of   29  DOM

N. Salinas Median Price    $493,252 67 Sales with average of   18  DOM

Carmel

Median Price    $1,741,927

36 Sales with average of  157  DOM

Monterey

Median Price    $769,919

19 Sales with average of   47  DOM

Marina Median Price    $533,000 12 Sales with average of   13  DOM

Pebble Beach

Median Price    $1,635,559

17 Sales with average of  141 DOM

Pacific Grove  Median Price    $774,412 17 Sales with average of   56  DOM

April, 2004

California median home price -  $453,590
Calif. A
ffordability index  -
MARCH, 2004 - 21%
Calif. Highest Median Home Price -  Santa Barbara South $985
,000
Calif. Lowest Median Home Price- High Desert - $197,720

 (Source: C.A.R.)

Mortgage rates - week ending  5/27/04

  • 30-yr. fixed: 6.32%

  • 1-yr adjustable: 3.87%

  • 15-yr. fixed: 5.69%

 (source: Freddie Mac)

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Smith Realty

14 Maple Street, Suite A Salinas, Ca 93901
Mailing Address: P. O. Box 8136, Salinas, Ca 93912-8136
Phone: 831-751-9600 Fax: 831-751-9669 Cell: 831-809-8172

Hours of Operation
Monday - Friday: 9:00 to 5:00 P.M.
Week Nights and Saturday: By Appointment Only
Closed on Sundays and Holidays

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