The Heinrich Team

Carmel Valley, CA 93924

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel


Carmel Valley, CA 93924

Sat Jul 31 2021
This week the median list price for Carmel Valley, CA 93924 is $2,225,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 19. Click here to stay informed with the Carmel Valley market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Carmel Valley, CA 93924

Sat Jul 31 2021
This week the median list price for Carmel Valley, CA 93924 is $2,225,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has increased to 19. Click here to stay informed with the Carmel Valley market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Carmel Valley market.
Median List Price $2,225,000
Median Price of New Listings $1,200,000
Per Square Foot $631
Average Days on Market 123
Median Days on Market 56
Price Decreased 32%
Price Increased 0%
Relisted 5%
Inventory 19
Median Rent
Market Action 41
Slight Seller's Advantage

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$5,599,500 6,980 5 - 10 acres 6 5 21 0 0 115
$2,530,000 4,006 2.5 - 5 acres 5 4 57 0 0 70
$1,899,000 2,529 1 - 2.5 acres 4 3 51 0 0 35
$939,900 2,043 2.5 - 5 acres 3 2 32 1 0 49