Monterey Peninsula Home Team - Mark Bruno

Pacific Grove, CA 93950

Single-Family Homes

Keller Williams Coastal Estates



Pacific Grove, CA 93950

Tue Jul 01 2025
This week the median list price for Pacific Grove, CA 93950 is $1,890,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 22. Click here to stay informed with the Pacific Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Pacific Grove, CA 93950

Tue Jul 01 2025
This week the median list price for Pacific Grove, CA 93950 is $1,890,000 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 22. Click here to stay informed with the Pacific Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Pacific Grove market.
Median List Price $1,890,000
Median Price of New Listings $0
Per Square Foot $1,218
Average Days on Market 67
Median Days on Market 42
Price Decreased 50%
Price Increased 0%
Relisted 5%
Inventory 22
Median Rent
Market Action 43
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,097,500 3,005 8,000 - 10,000 sqft 3 2.8 50 0 3 31
$1,965,000 1,940 0 - 4,500 sqft 4 3 62 0 0 56
$1,450,000 1,637 0 - 4,500 sqft 3 2 71 0 0 42
$1,138,000 929 4,500 - 6,500 sqft 2 1 73 0 1 63