Keller Williams Coastal Estates' Market Report

Carmel Valley, CA

Single-Family Homes

www.kwcoastalestates.com | frontdesk505@kw.com | 831.622.6200



Carmel Valley, CA

Mon Jun 05 2023
This week the median list price for Carmel Valley, CA is $1,500,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 19. Click here to stay informed with the Carmel Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Carmel Valley, CA

Mon Jun 05 2023
This week the median list price for Carmel Valley, CA is $1,500,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 19. Click here to stay informed with the Carmel Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Carmel Valley market.
Median List Price $1,500,000
Median Price of New Listings $2,117,500
Per Square Foot $887
Average Days on Market 122
Median Days on Market 77
Price Decreased 37%
Price Increased 0%
Relisted 5%
Inventory 19
Median Rent
Market Action 36
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$3,847,500 4,238 5 - 10 acres 4 4.3 48 0 0 147
$2,735,000 2,775 2.5 - 5 acres 4 3 39 1 0 14
$1,395,000 1,691 0.5 - 1 acre 3 2 41 1 0 28
$935,000 1,498 N/A 3 2 43 0 0 294