93924, Carmel Valley, CA

The Carmel Valley zip code of 93924 has a median home value of $1,085,000 and a median home equity value of $481,500. This means that the majority of homes in this zip code are worth more than their original purchase price. In addition, the average home in this zip code has been on the market for over four months and has received over nine offers. This indicates that there is strong demand for homes in this area and that buyers are willing to pay a high price for properties in this area.

In terms of home prices, the Carmel Valley area is one of the most expensive areas in California. This is likely due to several factors:

-The proximity to major cities such as San Francisco and Los Angeles

-The high demand for property in this area

-The low supply of homes available for sale

Despite being one of the most expensive areas in California, there have been no signs of an increase in prices recently. In fact, prices have actually decreased by 0.5% since last year. This suggests that there is still strong demand for properties in the Carmel Valley area and that buyers are not afraid to pay a high price for these properties.