Heinrich Brooksher Real Estate Group

Pacific Grove, CA 93950

Single-Family Homes

Heinrich Brooksher Real Estate Group - Carmel Realty Company


Pacific Grove, CA 93950

Sun Jul 06 2025
This week the median list price for Pacific Grove, CA 93950 is $1,935,000 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has held steady at or around 19. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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

Sun Jul 06 2025
This week the median list price for Pacific Grove, CA 93950 is $1,935,000 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has held steady at or around 19. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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 $1,935,000
Median Price of New Listings $0
Per Square Foot $1,250
Average Days on Market 77
Median Days on Market 49
Price Decreased 58%
Price Increased 0%
Relisted 5%
Inventory 19
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
$6,495,000 3,636 8,000 - 10,000 sqft 4 3.5 24 0 0 35
$2,100,000 1,940 4,500 - 6,500 sqft 4 3 76 0 1 63
$1,410,000 1,836 0 - 4,500 sqft 3 2 70 0 2 42
$1,043,500 913 4,500 - 6,500 sqft 2 1 68 0 0 73