Keller Williams Coastal Estates' Market Report

Carmel, CA

Single-Family Homes

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



Carmel, CA

Sat Jun 12 2021
This week the median list price for Carmel, CA is $3,491,944 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has increased to 48. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Carmel, CA

Sat Jun 12 2021
This week the median list price for Carmel, CA is $3,491,944 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has increased to 48. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Carmel market.
Median List Price $3,491,944
Median Price of New Listings $2,550,000
Per Square Foot $1,163
Average Days on Market 126
Median Days on Market 53
Price Decreased 15%
Price Increased 0%
Relisted 4%
Inventory 48
Median Rent $5,887
Market Action 47
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift 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
$8,398,500 5,237 0.5 - 1 acre 3 5 43 0 0 157
$4,372,500 3,534 2.5 - 5 acres 4 4 19 0 0 94
$2,872,500 2,135 6,500 - 8,000 sqft 3 3 69 3 2 17
$1,699,500 2,138 1 - 2.5 acres 3 3 46 2 3 21