The Heinrich Team

Carmel, CA 93923

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Carmel, CA 93923

Fri Apr 23 2021
This week the median list price for Carmel, CA 93923 is $4,062,500 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 48. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Carmel, CA 93923

Fri Apr 23 2021
This week the median list price for Carmel, CA 93923 is $4,062,500 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 48. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Carmel market.
Median List Price $4,062,500
Per Square Foot $1,085
Days on Market 39
Price Decreased 23%
Price Increased 0%
Relisted 6%
Inventory 48
Median Rent $5,876
Most Expensive $15,500,000
Least Expensive $679,000
Market Action 45
Strong Seller's Market

We continue to see prices in this zip code settled at a plateau. This week prices bumped down a bit but not significantly enough to change the overall outlook. Look for a persistent change (up or down) in the Market Action Index before we see prices significantly deviate 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
$9,650,000 5,313 1 - 2.5 acres 3 5 26 2 0 136
$5,495,000 5,570 5 - 10 acres 4 5 14 3 1 45
$2,772,500 2,873 0.25 - 0.5 acre 4 4 49 3 2 24
$1,536,450 1,664 1 - 2.5 acres 2 2 56 4 0 14