Monterey Peninsula Home Team - Mark Bruno

Pacific Grove, CA 93950

Single-Family Homes

Keller Williams Coastal Estates


Pacific Grove, CA 93950

Thu Aug 06 2026
This week the median list price for Pacific Grove, CA 93950 is $1,799,999 with the market action index hovering around 42. This is less than last month's market action index of 45. Inventory has held steady at or around 30. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Pacific Grove, CA 93950

Thu Aug 06 2026
This week the median list price for Pacific Grove, CA 93950 is $1,799,999 with the market action index hovering around 42. This is less than last month's market action index of 45. Inventory has held steady at or around 30. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Pacific Grove market.
Median List Price $1,799,999
Median Price of New Listings $1,485,000
Per Square Foot $1,137
Average Days on Market 98
Median Days on Market 63
Price Decreased 47%
Price Increased 0%
Relisted 0%
Inventory 30
Median Rent
Market Action 42
Slight Seller's Advantage

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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
$3,062,000 2,759 8,000 - 10,000 sqft 3 3.5 88 0 0 84
$2,195,000 2,062 4,500 - 6,500 sqft 4 3 96 1 0 56
$1,597,000 1,812 4,500 - 6,500 sqft 4 2 73 1 2 52
$1,300,000 947 0 - 4,500 sqft 2 1 90 2 4 119