Monterey Peninsula Home Team - Mark Bruno

Pebble Beach, CA 93953

Single-Family Homes

Keller Williams Coastal Estates



Pebble Beach, CA 93953

Wed Feb 21 2024
This week the median list price for Pebble Beach, CA 93953 is $5,575,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has increased to 27. Click here to stay informed with the Pebble Beach market!

Market Action Index

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

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Pebble Beach, CA 93953

Wed Feb 21 2024
This week the median list price for Pebble Beach, CA 93953 is $5,575,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has increased to 27. Click here to stay informed with the Pebble Beach market!

Market Action Index

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

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Pebble Beach market.
Median List Price $5,575,000
Median Price of New Listings $3,395,000
Per Square Foot $1,449
Average Days on Market 132
Median Days on Market 112
Price Decreased 19%
Price Increased 0%
Relisted 11%
Inventory 27
Median Rent
Market Action 27
Slight Buyer's Advantage

Prices in this zip code have 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
$20,825,000 7,925 2.5 - 5 acres 6 6.5 54 0 0 161
$6,150,000 4,641 1 - 2.5 acres 5 5 46 0 0 112
$3,500,000 3,154 0.5 - 1 acre 4 4 48 1 1 112
$2,585,000 2,510 0.25 - 0.5 acre 3 3 51 0 1 70