The Heinrich Team
Carmel Valley, CA 93924
Single-Family Homes
Ben & Carole Heinrich Coldwell Banker Carmel
Carmel Valley, CA 93924
Wed Oct 04 2023
This week the median list price for Carmel Valley, CA 93924 is $2,050,000 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has increased to 25.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Real-Time Market Profile
| Median List Price | $2,050,000 | |
| Median Price of New Listings | $2,695,000 | |
| Per Square Foot | $875 | |
| Average Days on Market | 99 | |
| Median Days on Market | 91 | |
| Price Decreased | 32% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 25 | |
| Median Rent | ||
| Market Action | 32 | |
| Slight Seller's Advantage | ||
Click for more charts
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.
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 |
|---|---|---|---|---|---|---|---|---|
| $5,449,444 | 4,717 | N/A | 4 | 4 | 57 | 1 | 1 | 87 |
| $2,865,000 | 3,110 | 2.5 - 5 acres | 4 | 3.3 | 37 | 1 | 0 | 126 |
| $1,657,500 | 2,242 | 1 - 2.5 acres | 3 | 2 | 45 | 0 | 2 | 101 |
| $1,099,999 | 1,570 | 0.5 - 1 acre | 2 | 1 | 46 | 1 | 0 | 21 |