Single-Family Homes
Wed Jul 16 2025
This week the median list price for Carmel Valley, CA 93924 is $1,722,500 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 48.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.
Median List Price | $1,722,500 | |
Median Price of New Listings | $1,998,000 | |
Per Square Foot | $869 | |
Average Days on Market | 141 | |
Median Days on Market | 84 | |
Price Decreased | 40% | |
Price Increased | 0% | |
Relisted | 8% | |
Inventory | 48 | |
Median Rent | ||
Market Action | 28 | |
Slight Buyer's Advantage |
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$3,987,500 | 3,755 | 5 - 10 acres | 4 | 3.8 | 33 | 1 | 1 | 161 |
$1,998,000 | 2,556 | 1 - 2.5 acres | 4 | 3 | 40 | 2 | 1 | 84 |
$1,460,000 | 1,830 | 5 - 10 acres | 3 | 2 | 38 | 0 | 1 | 59 |
$1,085,000 | 1,336 | 1 - 2.5 acres | 2 | 2 | 48 | 0 | 0 | 80 |