The Heinrich Team

Carmel, CA 93921

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Carmel, CA 93921

Mon Jul 04 2022
This week the median list price for Carmel, CA 93921 is $3,777,700 with the market action index hovering around 53. This is less than last month's market action index of 58. Inventory has increased to 9. Click here to stay informed with the Carmel market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Carmel, CA 93921

Mon Jul 04 2022
This week the median list price for Carmel, CA 93921 is $3,777,700 with the market action index hovering around 53. This is less than last month's market action index of 58. Inventory has increased to 9. Click here to stay informed with the Carmel market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Carmel market.
Median List Price $3,777,700
Median Price of New Listings $6,928,000
Per Square Foot $2,007
Average Days on Market 44
Median Days on Market 42
Price Decreased 33%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 53
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$7,622,500 2,526 4,500 - 6,500 sqft 3 4 51 0 0 59
$5,589,000 2,583 6,500 - 8,000 sqft 3 4 32 1 0 21
$3,636,350 1,829 0 - 4,500 sqft 3 2 42 0 1 73
$2,600,000 1,656 0 - 4,500 sqft 3 2 70 0 1 35