Heinrich Brooksher Real Estate Group

Pacific Grove, CA 93950

Single-Family Homes

Heinrich Brooksher Real Estate Group - Carmel Realty Company


Pacific Grove, CA 93950

Wed Dec 17 2025
This week the median list price for Pacific Grove, CA 93950 is $1,715,400 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has decreased to 22. 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.

Slight Seller's Advantage

Market Narrative

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Pacific Grove, CA 93950

Wed Dec 17 2025
This week the median list price for Pacific Grove, CA 93950 is $1,715,400 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has decreased to 22. 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.

Slight Seller's Advantage

Market Narrative

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Pacific Grove market.
Median List Price $1,715,400
Median Price of New Listings $1,885,400
Per Square Foot $1,115
Average Days on Market 85
Median Days on Market 49
Price Decreased 41%
Price Increased 0%
Relisted 5%
Inventory 22
Median Rent
Market Action 42
Slight Seller's Advantage

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$3,099,000 2,335 4,500 - 6,500 sqft 3 3 47 0 3 73
$1,845,000 1,836 4,500 - 6,500 sqft 4 2 68 2 0 224
$1,364,500 1,177 0 - 4,500 sqft 3 2 87 0 0 56
$1,149,000 1,238 0 - 4,500 sqft 3 2 73 0 0 21