The Heinrich Team

Pebble Beach, CA 93953

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Pebble Beach, CA 93953

Sat Dec 03 2022
This week the median list price for Pebble Beach, CA 93953 is $6,500,000 with the market action index hovering around 42. This is an increase over last month's market action index of 39. Inventory has decreased to 15. 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 Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Pebble Beach, CA 93953

Sat Dec 03 2022
This week the median list price for Pebble Beach, CA 93953 is $6,500,000 with the market action index hovering around 42. This is an increase over last month's market action index of 39. Inventory has decreased to 15. 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 Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Pebble Beach market.
Median List Price $6,500,000
Median Price of New Listings $0
Per Square Foot $1,324
Average Days on Market 342
Median Days on Market 77
Price Decreased 27%
Price Increased 0%
Relisted 0%
Inventory 15
Median Rent
Market Action 42
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$12,995,000 7,848 2.5 - 5 acres 6 5.5 31 0 1 252
$7,425,000 5,807 0.5 - 1 acre 5 5.5 34 0 0 266
$5,622,500 3,450 0.5 - 1 acre 4 3.8 56 0 0 56
$2,574,750 2,787 0.25 - 0.5 acre 3 2.5 48 0 0 49