Keller Williams Coastal Estates' Market Report

Pebble Beach, CA

Single-Family Homes

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



Pebble Beach, CA

Fri Dec 01 2023
This week the median list price for Pebble Beach, CA is $5,975,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 25. 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 Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Pebble Beach, CA

Fri Dec 01 2023
This week the median list price for Pebble Beach, CA is $5,975,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has increased to 25. 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 Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Never miss important changes in the Pebble Beach market.
Median List Price $5,975,000
Median Price of New Listings $2,485,000
Per Square Foot $1,470
Average Days on Market 148
Median Days on Market 91
Price Decreased 40%
Price Increased 0%
Relisted 8%
Inventory 25
Median Rent
Market Action 33
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$17,925,000 7,986 1 - 2.5 acres 5 6.3 32 0 0 87
$6,924,500 5,372 0.5 - 1 acre 4 4.8 42 0 0 122
$4,745,000 3,293 0.5 - 1 acre 4 3.8 46 0 1 98
$2,500,000 2,060 0.25 - 0.5 acre 3 2 61 2 0 70