The Heinrich Team

Carmel, CA 93923

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Carmel, CA 93923

Fri Oct 15 2021
This week the median list price for Carmel, CA 93923 is $3,745,000 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has decreased to 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Carmel, CA 93923

Fri Oct 15 2021
This week the median list price for Carmel, CA 93923 is $3,745,000 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has decreased to 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Carmel market.
Median List Price $3,745,000
Median Price of New Listings $3,095,000
Per Square Foot $1,459
Average Days on Market 91
Median Days on Market 56
Price Decreased 15%
Price Increased 8%
Relisted 8%
Inventory 40
Median Rent $5,350
Market Action 50
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$9,750,000 3,108 1 - 2.5 acres 3 4 58 0 1 133
$4,245,000 3,650 0.5 - 1 acre 3 3 26 3 1 56
$3,442,500 3,091 0.25 - 0.5 acre 3 3 37 2 2 63
$1,859,400 1,634 0.25 - 0.5 acre 3 2 51 2 2 24