Fri Oct 15 2021
This week the median list price for Pebble Beach, CA 93953 is $8,200,000 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has decreased to 23.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$8,200,000|
|Median Price of New Listings||$0|
|Per Square Foot||$1,354|
|Average Days on Market||231|
|Median Days on Market||91|
|Slight Seller's Advantage|
Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$18,950,000||7,735||1 - 2.5 acres||7||7||16||0||0||140|
|$12,125,000||7,495||1 - 2.5 acres||6||6||26||0||0||290|
|$7,147,000||5,626||1 - 2.5 acres||4||5||15||0||2||63|
|$2,825,000||2,988||0.25 - 0.5 acre||3||3||49||0||2||84|