The Heinrich Team
Pebble Beach, CA 93953
Single-Family Homes
Ben & Carole Heinrich Coldwell Banker Carmel
Pebble Beach, CA 93953
Fri Apr 19 2024
This week the median list price for Pebble Beach, CA 93953 is $4,737,500 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has increased to 26.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Real-Time Market Profile
| Median List Price | $4,737,500 | |
| Median Price of New Listings | $2,398,200 | |
| Per Square Foot | $1,278 | |
| Average Days on Market | 139 | |
| Median Days on Market | 123 | |
| Price Decreased | 35% | |
| Price Increased | 4% | |
| Relisted | 4% | |
| Inventory | 26 | |
| Median Rent | ||
| Market Action | 29 | |
| Slight Buyer's Advantage | ||
Recently prices in this zip have settled at a plateau even though they dipped this week. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.
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 | 217 |
| $5,837,500 | 4,170 | 0.5 - 1 acre | 5 | 5.3 | 44 | 0 | 0 | 126 |
| $2,975,000 | 3,280 | 0.25 - 0.5 acre | 4 | 3 | 44 | 1 | 2 | 126 |
| $2,395,000 | 2,250 | 0.25 - 0.5 acre | 3 | 3 | 58 | 2 | 0 | 84 |