Keller Williams Coastal Estates' Market Report

Pebble Beach, CA

Single-Family Homes

www.kwcoastalestates.com | frontdesk505@kw.com | 831.622.6200



Pebble Beach, CA

Mon Jun 05 2023
This week the median list price for Pebble Beach, CA is $6,745,000 with the market action index hovering around 28. This is less than last month's market action index of 31. Inventory has increased to 24. Click here to stay informed with the Pebble Beach market!

Market Action Index

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

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Pebble Beach, CA

Mon Jun 05 2023
This week the median list price for Pebble Beach, CA is $6,745,000 with the market action index hovering around 28. This is less than last month's market action index of 31. Inventory has increased to 24. Click here to stay informed with the Pebble Beach market!

Market Action Index

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

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Pebble Beach market.
Median List Price $6,745,000
Median Price of New Listings $5,200,000
Per Square Foot $1,784
Average Days on Market 222
Median Days on Market 102
Price Decreased 33%
Price Increased 4%
Relisted 4%
Inventory 24
Median Rent
Market Action 28
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this 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
$15,875,000 7,426 1 - 2.5 acres 5 5.8 17 0 0 150
$7,750,000 4,831 0.5 - 1 acre 4 5 33 0 0 119
$5,225,000 3,283 0.25 - 0.5 acre 3 3.5 55 1 0 63
$2,585,000 2,077 0.25 - 0.5 acre 3 2.8 56 0 1 42