The Heinrich Team

Carmel Valley, CA 93924

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel


Carmel Valley, CA 93924

Thu Mar 30 2023
This week the median list price for Carmel Valley, CA 93924 is $1,850,000 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has increased to 23. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Carmel Valley, CA 93924

Thu Mar 30 2023
This week the median list price for Carmel Valley, CA 93924 is $1,850,000 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has increased to 23. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Carmel Valley market.
Median List Price $1,850,000
Median Price of New Listings $0
Per Square Foot $777
Average Days on Market 109
Median Days on Market 70
Price Decreased 35%
Price Increased 0%
Relisted 13%
Inventory 23
Median Rent
Market Action 32
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$4,750,000 6,000 5 - 10 acres 4 5.5 51 0 1 147
$2,225,000 2,768 1 - 2.5 acres 4 3 50 0 0 28
$1,481,500 2,100 2.5 - 5 acres 3 3 40 0 1 70
$1,200,000 1,582 5 - 10 acres 3 2 36 0 0 87