"Put simply, we do not have enough housing," NAA President and CEO Bob Pinnegar says. He points to such factors as years of underbuilding and lack of affordability.
Previously, the priciest listing in the greater Seattle area was a $60 million property listed about two years ago, which was also located in the Hunts Point community.
The home is located atop a steep bluff on the oceanside of Highway 1. The deal marks one of the priciest to ever close in the Carmel area, according to local agents.