The Heinrich Team

Carmel Valley, CA 93924

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Carmel Valley, CA 93924

Fri Oct 15 2021
This week the median list price for Carmel Valley, CA 93924 is $1,799,500 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has increased to 24. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Carmel Valley, CA 93924

Fri Oct 15 2021
This week the median list price for Carmel Valley, CA 93924 is $1,799,500 with the market action index hovering around 44. This is less than last month's market action index of 46. Inventory has increased to 24. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Carmel Valley market.
Median List Price $1,799,500
Median Price of New Listings $1,882,500
Per Square Foot $708
Average Days on Market 41
Median Days on Market 25
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 24
Median Rent $4,000
Market Action 44
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,972,500 4,438 5 - 10 acres 5 5 32 1 0 49
$1,895,000 2,467 2.5 - 5 acres 3 2 43 2 2 28
$1,596,500 2,267 1 - 2.5 acres 3 3 59 0 0 24
$1,024,500 1,971 1 - 2.5 acres 3 2 35 1 2 14