The Heinrich Team

Carmel, CA 93923

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel


Carmel, CA 93923

Tue May 26 2020
This week the median list price for Carmel, CA 93923 is $2,950,000 with the market action index hovering around 27. This is an increase over last month's market action index of 25. Inventory has held steady at or around 82. 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 shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Carmel, CA 93923

Tue May 26 2020
This week the median list price for Carmel, CA 93923 is $2,950,000 with the market action index hovering around 27. This is an increase over last month's market action index of 25. Inventory has held steady at or around 82. 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 shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.

Real-Time Market Profile

Never miss important changes in the Carmel market.
Median List Price $2,950,000
Per Square Foot $895
Days on Market 251
Price Decreased 27%
Price Increased 1%
Relisted 9%
Inventory 82
Median Rent $5,687
Most Expensive $24,500,000
Least Expensive $679,000
Market Action 27
Slight Buyer's Advantage

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
$8,929,000 6,077 5 - 10 acres 5 6 15 0 0 343
$3,862,500 3,517 0.5 - 1 acre 4 4 29 1 2 373
$2,295,000 3,000 0.5 - 1 acre 4 4 59 4 0 184
$1,430,000 1,944 0.25 - 0.5 acre 3 2 55 2 3 112