The Heinrich Team
Carmel Valley, CA 93924
Single-Family Homes
Ben & Carole Heinrich Coldwell Banker Carmel
Carmel Valley, CA 93924
Wed Oct 21 2020
This week the median list price for Carmel Valley, CA 93924 is $1,749,000 with the market action index hovering around 36. This is less than last month's market action index of 42. Inventory has held steady at or around 35.
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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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
| Median List Price | $1,749,000 | |
| Per Square Foot | $649 | |
| Days on Market | 135 | |
| Price Decreased | 20% | |
| Price Increased | 3% | |
| Relisted | 0% | |
| Inventory | 35 | |
| Median Rent | $6,950 | |
| Most Expensive | $14,500,000 | |
| Least Expensive | $725,000 | |
| Market Action | 36 | |
| Slight Seller's Advantage | ||
Each segment below represents approximately 25% of the market ordered by price.