Whats one way to beat the economies decrease in home prices? Build millions of dollars worth of buildings to bring life back to Downtown Carmel. The past 5 years have been a struggle for the real estate market, but in the Carmel Arts and Design District home values have increased over 20% in the past 5 years. In 2008 the average home price in Downtown Carmel was $113/Sqft, and that has jumped to $144/Sqft in 2013!
What does this this mean for Downtown Carmel home prices in the years to come?
Learn more about the Carmel Arts and Design District