The Heinrich Team

Carmel, CA 93921

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Carmel, CA 93921

Mon Jan 24 2022
This week the median list price for Carmel, CA 93921 is $2,762,500 with the market action index hovering around 73. This is less than last month's market action index of 84. Inventory has increased to 6. 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 appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Carmel, CA 93921

Mon Jan 24 2022
This week the median list price for Carmel, CA 93921 is $2,762,500 with the market action index hovering around 73. This is less than last month's market action index of 84. Inventory has increased to 6. 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 appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Carmel market.
Median List Price $2,762,500
Median Price of New Listings $2,762,500
Per Square Foot $1,580
Average Days on Market 9
Median Days on Market 7
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 6
Median Rent
Market Action 73
Strong Seller's Market

Despite this week's down tic, price trends in this zip code have generally been moving up lately. We are below the market's high point, and we'll investigate the Market Action Index later on to see if we expect this week's blip to become a downward trend.

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
$5,250,000 2,210 4,500 - 6,500 sqft 3 3 7 0 0 35
$3,995,000 2,485 6,500 - 8,000 sqft 4 3 74 0 0 7
$2,762,500 2,273 4,500 - 6,500 sqft 3 3.5 50 2 1 0
$2,227,500 1,309 0 - 4,500 sqft 3 2 77 0 0 7