Heinrich Team's Market Report

Pebble Beach, CA 93953

Single-Family Homes

Coldwell Banker | 831-250-3399 | zach@theheinrichteam.com



Pebble Beach, CA 93953

Thu Apr 26 2018
This week the median list price for Pebble Beach, CA 93953 is $3,442,500 with the market action index hovering around 22. This is less than last month's market action index of 25. Inventory has held steady at or around 62. Click here to stay informed with the Pebble Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Pebble Beach, CA 93953

Thu Apr 26 2018
This week the median list price for Pebble Beach, CA 93953 is $3,442,500 with the market action index hovering around 22. This is less than last month's market action index of 25. Inventory has held steady at or around 62. Click here to stay informed with the Pebble Beach market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Pebble Beach market.
Median List Price $3,442,500
Per Square Foot $807
Days on Market 212
Price Decreased 19%
Price Increased 0%
Relisted 48%
Inventory 62
Median House Rent $6,000
Most Expensive $22,850,000
Least Expensive $865,000
Market Action Index
Slight Buyer's Advantage
22

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$11,795,000 7,928 1 - 2.5 acres 5 7 21 0 0 350
$4,200,000 5,300 1 - 2.5 acres 4 5 15 1 0 274
$1,995,000 3,087 0.25 - 0.5 acre 3 3 38 4 1 98
$1,495,000 2,196 0.25 - 0.5 acre 3 2 48 2 2 139