Monterey Peninsula Home Team - Mark Bruno

Carmel, CA 93921

Single-Family Homes

Keller Williams Coastal Estates



Carmel, CA 93921

Thu Feb 29 2024
This week the median list price for Carmel, CA 93921 is $3,588,000 with the market action index hovering around 28. This is less than last month's market action index of 32. Inventory has increased to 9. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Carmel, CA 93921

Thu Feb 29 2024
This week the median list price for Carmel, CA 93921 is $3,588,000 with the market action index hovering around 28. This is less than last month's market action index of 32. Inventory has increased to 9. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Carmel market.
Median List Price $3,588,000
Median Price of New Listings $0
Per Square Foot $2,410
Average Days on Market 67
Median Days on Market 63
Price Decreased 22%
Price Increased 0%
Relisted 0%
Inventory 9
Median Rent
Market Action 28
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$8,400,000 2,275 4,500 - 6,500 sqft 2 2.8 30 0 0 42
$4,224,500 1,586 0 - 4,500 sqft 3 2 35 0 0 136
$3,391,500 1,669 4,500 - 6,500 sqft 3 2.8 79 0 1 77
$2,850,000 1,317 0 - 4,500 sqft 2 2 58 0 0 21