The Heinrich Team

Carmel, CA 93923

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Carmel, CA 93923

Sat Jul 31 2021
This week the median list price for Carmel, CA 93923 is $3,447,500 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has held steady at or around 40. 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 93923

Sat Jul 31 2021
This week the median list price for Carmel, CA 93923 is $3,447,500 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has held steady at or around 40. 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 $3,447,500
Median Price of New Listings $2,572,500
Per Square Foot $1,148
Average Days on Market 101
Median Days on Market 39
Price Decreased 23%
Price Increased 0%
Relisted 3%
Inventory 40
Median Rent $5,876
Market Action 49
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$10,447,500 5,608 1 - 2.5 acres 3 5 42 1 1 136
$4,395,000 3,041 0.25 - 0.5 acre 3 3 20 2 0 70
$2,775,000 2,470 0.25 - 0.5 acre 3 3 36 1 2 31
$1,435,000 1,875 0.5 - 1 acre 3 2 52 4 4 28