Carmel Valley Homes for Sale & Real Estate in California
About Carmel Valley, California
Not to be mistaken for its more northerly namesake, this Southern California community in the 92130 zip code is a beautiful and rapidly growing neighborhood within the City of San Diego. It is located in the north coastal section of San Diego and is home to approximately 42,000 residents. Carmel Valley is just east of Del Mar, only two miles from the beach, and minutes from Interstate 5 and 805. Carmel Valley includes the communities of Torrey Hills, Del Mar Heights, Carmel Valley Highlands Torrey Highlands, and Pacific Highlands Ranch. Neighboring cities, neighborhoods and communities include Del Mar, Rancho Santa Fe, Solana Beach, La Jolla, Rancho Penasquitos, Del Sur, Del Mar Mesa and 4S Ranch.(more)
The economy of Carmel Valley is varied and thriving. Many businesses in cutting-edge fields such as the biomedical, telecommunications and software industries have made their homes here.
The community provides a recreation center that offers classes and programs for children, a public pool, sports fields, tennis courts and a library that hosts concerts at least once a month. Golf courses, green parks, festivals and other special events, gorgeous beaches and the nearby downtown San Diego area all provide ample recreational opportunities for residents.
Students enrolled in K-12 receive an exceptional education in the two award winning elementary school districts that serve this community, Del Mar Union and Solana Beach School District. High school students attend the schools of the San Dieguito Union High School District, which includes Torrey Pines High School and Cathedral Canyon Alternative School. Both schools are highly regarded and boast a college attendance rate of over 95%.
Carmel Valley Real Estate Prices
The Carmel Valley real estate market is diverse. This planned community has a home to fit everyone's needs, from Carmel Valley condominiums and townhouses, to modest Carmel Valley houses, to large estates with significant acreage. Carmel Valley's homes range from the $720,000 to close to $10 million for larger luxury properties. Condos and townhouses in Carmel Valley range in sales price from the low $300,000s and can go as high as $745,000 for newer developments that boast exclusive community amenities. There is a great deal of newer construction available in Carmel Valley and the surrounding areas.
Carmel Valley Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $1,406,750 compared to $1,406,750 the previous week, to remain steady with no change in listing price. For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.