Monterey Peninsula Home Team - Mark Bruno

Carmel, CA

Single-Family Homes

Keller Williams Coastal Estates



Carmel, CA

Fri Apr 18 2025
This week the median list price for Carmel, CA is $3,490,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has increased to 67. 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

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Carmel, CA

Fri Apr 18 2025
This week the median list price for Carmel, CA is $3,490,000 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has increased to 67. 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

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Carmel market.
Median List Price $3,490,000
Median Price of New Listings $3,046,500
Per Square Foot $1,379
Average Days on Market 119
Median Days on Market 63
Price Decreased 28%
Price Increased 0%
Relisted 1%
Inventory 67
Median Rent
Market Action 33
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$10,470,000 5,881 2.5 - 5 acres 5 5 18 1 1 206
$4,980,000 2,926 1 - 2.5 acres 4 3.5 35 2 4 63
$2,779,300 1,867 4,500 - 6,500 sqft 3 3 61 2 4 42
$1,990,000 1,526 6,500 - 8,000 sqft 3 2 68 3 2 21