The Heinrich Team

Carmel, CA 93923

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Carmel, CA 93923

Sat Dec 03 2022
This week the median list price for Carmel, CA 93923 is $3,195,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 43. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Carmel, CA 93923

Sat Dec 03 2022
This week the median list price for Carmel, CA 93923 is $3,195,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 43. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Carmel market.
Median List Price $3,195,000
Median Price of New Listings $3,495,000
Per Square Foot $1,178
Average Days on Market 94
Median Days on Market 77
Price Decreased 42%
Price Increased 2%
Relisted 7%
Inventory 43
Median Rent
Market Action 37
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
$10,975,000 4,048 1 - 2.5 acres 5 4.5 27 0 2 84
$4,000,000 2,996 0.5 - 1 acre 3 3.5 46 2 1 77
$2,450,000 2,545 0.25 - 0.5 acre 4 3 65 1 1 49
$1,750,000 1,618 0.5 - 1 acre 3 2 50 0 1 119