Keller Williams Coastal Estates' Market Report

Pacific Grove, CA

Single-Family Homes

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



Pacific Grove, CA

Mon Sep 28 2020
This week the median list price for Pacific Grove, CA is $1,485,000 with the market action index hovering around 63. This is an increase over last month's market action index of 58. Inventory has held steady at or around 19. Click here to stay informed with the Pacific Grove market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Pacific Grove, CA

Mon Sep 28 2020
This week the median list price for Pacific Grove, CA is $1,485,000 with the market action index hovering around 63. This is an increase over last month's market action index of 58. Inventory has held steady at or around 19. Click here to stay informed with the Pacific Grove market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Pacific Grove market.
Median List Price $1,485,000
Per Square Foot $982
Days on Market 77
Price Decreased 21%
Price Increased 5%
Relisted 0%
Inventory 19
Median Rent $5,349
Most Expensive $7,550,000
Least Expensive $699,000
Market Action 63
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$4,925,000 3,697 4,500 - 6,500 sqft 7 7 103 0 0 98
$1,599,000 1,918 0 - 4,500 sqft 3 2 98 2 2 105
$1,399,000 1,114 0 - 4,500 sqft 2 2 110 0 0 95
$899,000 1,000 0 - 4,500 sqft 2 1 97 3 1 15