Yes, you heard right, $177 million – the highest sale ever in California history and second highest sale in the country has just transpired between fashion mogul, Serge Azria, as seller and Silicon Valley-based venture capitalist, Marc Andreessen, the buyer.
For those of us that have more simple tastes, it’s hard to imagine how one home can be worth so much to a person – but then – after all, it is in Malibu.
For those buyers that are more economically minded, come check out the beautiful Monterey Peninsula. You won’t have to pay so much!
Looking to buy a lovely home by the beach? Check out Carmel, CA. I’m happy to show you our unique and lovely homes for a fraction of the costs in Malibu.
Susan Clark, realtor, Carmel Realty Company 831-320-6801
As realtors we always look back at the end of the year in preparation for going forward.As I am sure none of you need to be reminded, 2020 wasunprecedented.With a global COVID pandemic raging, along with social and political unrest, the country had its “hands full”.Locally here in March stay-at-home orders were mandated and real estate came to a screeching halt for the next couple of months.As realtors we adapted to the “No Showings” order by using additional video, virtual tours, Matterport 3- D tours and extensive Social Media. Out of necessity we found additional means to showcase our sellers’ properties.
When the order was lifted for essential services in May, showings by appointment only were allowed with buyers wearing booties, masks, and rubber gloves.We did everything possible to keep everyone safe.The pent up demand took off and the local real estate market experienced a major surge in business.All 9 markets my company tracks had a significant increase in demand with multiple offers becoming the norm when properties would come on the market.Our annual report is attached. The statistics and commentary tell this story – each market a little different, but all showing significant increases. I encourage you to take a look.
What’s in store now is everyone’s question. In my view, it’s a new dawn, a new day, and a new 2021! I’m very optimistic.Yes, January has begun slower than we’d like and there is still a stay-at-home order in place, but interest rates are still low and the country is making strides on getting people vaccinated for Covid.The new Administration is making this a top priority and there is an additional stimulus bill on the horizon.The silver lining of the pandemic may be that many of our buyers have found they can live on the Monterey Peninsula and work remotely increasing the number of full time families in our community.
If you seek to explore new changes in your life real estate-wise, I’m here to assist in any way I can. Call me to talk or just say hello.I love hearing from my clients and friends.
Just Listed! 1222 Shafter, 3BR/2BA Offered at $1,000,000
“Car Week” is one of the most looked forward to week of the whole year on the Monterey Peninsula and it has just begun! No longer just a few days, or even a week – it’s now 10 days in August!
More to come in later blogs, but first, check out the calendar of all of the up and coming events starting with this evening 8/9 in downtown Monterey on Alvarado Street from 5:00 – 7:00pm. Don’t miss these great events and fasten your seatbelts for a great ride!
And if you fall in love with the Monterey Peninsula while you’re here and would like to own your own place here, give me a call.
