Monterey Peninsula Home Team - Mark Bruno

Carmel, CA 93921

Single-Family Homes

Keller Williams Coastal Estates


Carmel, CA 93921

Fri Jun 02 2023
This week the median list price for Carmel, CA 93921 is $4,989,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 17. 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 93921

Fri Jun 02 2023
This week the median list price for Carmel, CA 93921 is $4,989,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 17. 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 $4,989,000
Median Price of New Listings $5,742,000
Per Square Foot $2,223
Average Days on Market 91
Median Days on Market 56
Price Decreased 29%
Price Increased 0%
Relisted 6%
Inventory 17
Median Rent
Market Action 36
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
$6,697,500 2,837 4,500 - 6,500 sqft 3 3.8 97 1 0 59
$5,724,975 2,982 6,500 - 8,000 sqft 3 3.3 48 0 0 199
$4,772,500 1,611 0 - 4,500 sqft 3 2 22 1 1 24
$2,899,000 1,420 0 - 4,500 sqft 3 2 66 0 1 28