We're on the lookout for signs of trouble in Carmel Valley, and the 92130 zip code.

But the sales have been pretty strong.  These are all the sales so far in July (in bold) around a million dollars and up, and similar sales from 2004-2005:

3768 Torrey Hill  2,393 sf  $980,000  $410/sf  43 days on market

1. 3786 Torrey Hill, 2,841 sf $970,000 $341/sf  5/04

10918 Derrydown  3,094 sf   $1,139,000  $368/sf  87 days on market

1. 10936 Derrydown  2,720 sf $1,010,000  $371/sf   2/05

2. 10924 Derrydown  3,476 sf $1,262,500  $363/sf  2/04

14241 Fox Run  3,281 sf  $1,200,000  $366/sf  4 days on market

1.  14231 Fox Run  3,242 sf  $907,000  $280/sf  4/04

2.  14260 Fox Run  3,362 sf  $1,312,500   $390/sf  10/04  (golf view)

14330 Avenida Palizada  2,842 sf  $1,360,000  $479/sf  48 days on market

1. 14273 Via Baroda  2,517 sf  $1,200,000  $477/sf  6/04

2.  5234 Avenida Cantaria 2,517 sf  $1,250,000  $497/sf  9/05

3. 13945 Calle Cardenas  3,052 sf  $1,295,000  $424/sf  6/05

4.  14044 Calle Venecia  2,835 sf  $1,300,000   $458/sf  10/04

5. 14249 Via Baroda  3,428 sf  $1,320,000   $385/sf  2/04

6. 12336 Via Baroda  3,428 sf $1,325,000   $386/sf  11/04

7. 14322 Via Baroda  3,520 sf  $1,800,000  $511/sf  12/05

4910 Beauchamp  4,130 sf  $1,500,000  $363/sf  8 days on market

1.  4997 Concannon  4,130 sf $1,250,000  $303/sf  5/04

2.  4926 Smith Canyon  4,130 sf  $1,435,000  $347/sf  1/05

3.  4932 Concannon  4,130 sf  $1,595,000  $386/sf  1/05

10607 Gingerwood  4,454 sf  $1,639,000  $368/sf   30 days on market

10633 Amberglades  4,454 sf  $1,659,000  $372/sf  32 days on market

1.  5453 Shannon Ridge  4,670 sf  $1,245,000  $267/sf   7/04

2.  5470 Harvest Run  4,670 sf  $1,379,000  $295/sf  12/04

3.  5175 Greenwillow  4,670 sf  $1,385,000  $297/sf  12/04

4.  5415 Harvest Run  4,454 sf   $1,499,876  $337/sf  5/04

5.  5343 Harvest Run  4,670 sf  $1,550,000  $290/sf  2/05

6.  5375 Greenwillow  4,670 sf  $1,600,000  $343/sf  7/05

7.  5598  Shannon Ridge  4,670 sf  $1,810,000  $383/sf  9/04

8.  5322 Greenwillow  4,670 sf  $1,900,000  $407/sf  7/05

9.  10573 Whispering Hills 4,615 sf  $1,949,000  $422/sf  9/05

10.  5104 Greenwillow  4,226 sf  $1,985,000  $470/sf  10/05

11.  5442 Shannon Ridge  4,226 sf  $2,075,000  $491/sf  6/05

12.  5590 Shannon Ridge  4,226 sf  $2,100,000  $497/sf  10/05

2004/2005 average = $375/sf  (crazy range though:  $267 to $497!)

12804 Toyon Mesa  4,982 sf  $2,150,000  $432/sf  43 days on market

In 2005, there were six houses between 4,671 sf and 6,086 sf in the Bougainvillea tract that sold between $1,950,000 and $2,380,000, averaging $434/sf.

14063 Caminito Vistana  5,664 sf  $2,250,000  $397/sf   78 days on market

In 2005, there were 14 houses on this street between 4,411 sf and 5,800 sf that sold between $1,990,000 and $2,450,000, averaging $444/sf.

When there are areas in the county whose prices hve dropped 40% to 60% in the same time frame, it is remarkable to still see CV at these levels.  It was verified that none of the listings had been 're-freshed', so the market time is accurate, and all of the buyers this month had at least a 20% down payment.