The Heinrich Team

Pacific Grove, CA 93950

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Pacific Grove, CA 93950

Fri Apr 23 2021
This week the median list price for Pacific Grove, CA 93950 is $1,375,000 with the market action index hovering around 55. This is an increase over last month's market action index of 53. Inventory has held steady at or around 17. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Pacific Grove, CA 93950

Fri Apr 23 2021
This week the median list price for Pacific Grove, CA 93950 is $1,375,000 with the market action index hovering around 55. This is an increase over last month's market action index of 53. Inventory has held steady at or around 17. 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.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Pacific Grove market.
Median List Price $1,375,000
Per Square Foot $1,057
Days on Market 35
Price Decreased 18%
Price Increased 0%
Relisted 0%
Inventory 17
Median Rent $5,174
Most Expensive $6,095,000
Least Expensive $699,000
Market Action 55
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices 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
$2,124,500 2,769 0.25 - 0.5 acre 3 3 57 1 0 49
$1,734,500 1,897 6,500 - 8,000 sqft 3 3 73 0 0 28
$1,269,000 1,608 6,500 - 8,000 sqft 3 2 53 1 0 66
$869,000 537 0 - 4,500 sqft 2 1 76 0 0 21