The Heinrich Team

Carmel, CA 93923

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Carmel, CA 93923

Wed Apr 24 2024
This week the median list price for Carmel, CA 93923 is $3,788,888 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 47. 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 Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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

Wed Apr 24 2024
This week the median list price for Carmel, CA 93923 is $3,788,888 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 47. 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 Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $3,788,888
Median Price of New Listings $5,572,000
Per Square Foot $1,460
Average Days on Market 99
Median Days on Market 35
Price Decreased 19%
Price Increased 0%
Relisted 9%
Inventory 47
Median Rent
Market Action 35
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$11,750,000 4,004 0.5 - 1 acre 4 3.5 41 3 0 14
$4,447,500 2,696 0.25 - 0.5 acre 3 3.5 52 2 0 59
$3,335,000 2,492 0.25 - 0.5 acre 3 2.8 58 2 1 52
$1,904,500 1,923 0.5 - 1 acre 3 2.5 49 1 2 35