Heinrich Brooksher Real Estate Group

Pacific Grove, CA 93950

Single-Family Homes

Heinrich Brooksher Real Estate Group - Carmel Realty Company


Pacific Grove, CA 93950

Sat Aug 15 2026
This week the median list price for Pacific Grove, CA 93950 is $1,847,499 with the market action index hovering around 38. This is less than last month's market action index of 44. Inventory has increased to 32. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Pacific Grove, CA 93950

Sat Aug 15 2026
This week the median list price for Pacific Grove, CA 93950 is $1,847,499 with the market action index hovering around 38. This is less than last month's market action index of 44. Inventory has increased to 32. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Pacific Grove market.
Median List Price $1,847,499
Median Price of New Listings $1,695,000
Per Square Foot $1,175
Average Days on Market 93
Median Days on Market 70
Price Decreased 38%
Price Increased 3%
Relisted 3%
Inventory 32
Median Rent
Market Action 38
Slight Seller's Advantage

Despite this week’s down tic, price trends in this zip code have generally been moving up lately. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward trend.

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
$4,347,000 2,800 8,000 - 10,000 sqft 4 3.5 78 0 0 119
$2,095,000 2,042 4,500 - 6,500 sqft 3 3 97 0 2 56
$1,595,000 1,436 4,500 - 6,500 sqft 3 2 73 2 1 45
$1,324,500 1,301 0 - 4,500 sqft 3 2 82 0 0 73