The Heinrich Team
Carmel Valley, CA 93924
Single-Family Homes
Ben & Carole Heinrich Coldwell Banker Carmel
Carmel Valley, CA 93924
Fri Apr 23 2021
This week the median list price for Carmel Valley, CA 93924 is $1,799,999 with the market action index hovering around 44. This is an increase over last month's market action index of 35. Inventory has held steady at or around 19.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $1,799,999 | |
| Per Square Foot | $636 | |
| Days on Market | 77 | |
| Price Decreased | 47% | |
| Price Increased | 0% | |
| Relisted | 5% | |
| Inventory | 19 | |
| Median Rent | $5,618 | |
| Most Expensive | $7,400,000 | |
| Least Expensive | $899,000 | |
| Market Action | 44 | |
| Slight Seller's Advantage | ||
We continue to see prices in this zip code bouncing around this plateau. 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 |
|---|---|---|---|---|---|---|---|---|
| $3,647,000 | 5,008 | 2.5 - 5 acres | 4 | 4 | 37 | 1 | 0 | 154 |
| $2,195,000 | 3,150 | 1 - 2.5 acres | 4 | 4 | 29 | 2 | 1 | 147 |
| $1,520,000 | 2,665 | 1 - 2.5 acres | 4 | 3 | 46 | 0 | 1 | 63 |
| $1,149,000 | 1,975 | 2.5 - 5 acres | 4 | 3 | 32 | 1 | 2 | 98 |