Keller Williams Coastal Estates' Market Report

Carmel, CA

Single-Family Homes

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



Carmel, CA

Tue May 26 2020
This week the median list price for Carmel, CA is $2,891,500 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has held steady at or around 108. 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.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Carmel, CA

Tue May 26 2020
This week the median list price for Carmel, CA is $2,891,500 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has held steady at or around 108. 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.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Carmel market.
Median List Price $2,891,500
Per Square Foot $1,032
Days on Market 220
Price Decreased 25%
Price Increased 1%
Relisted 6%
Inventory 108
Median Rent $5,687
Most Expensive $24,500,000
Least Expensive $679,000
Market Action 27
Slight Buyer's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$7,995,000 5,200 1 - 2.5 acres 5 6 18 1 1 366
$3,600,000 3,327 0.25 - 0.5 acre 3 4 21 1 1 248
$2,250,000 2,254 6,500 - 8,000 sqft 3 3 59 4 0 161
$1,495,000 1,870 0.25 - 0.5 acre 3 2 56 3 3 102