New Weakness in New Listings for Carmel-by-the-Sea Real Estate Market

With an emerging downward trend of new sellers listing homes, including nine over the last 30 days, and sales that rose to 14 in that same time frame, the Carmel-by-the-Sea market will be less selective. Prices are falling in Carmel-by-the-Sea, and this period the median price of all sales fell from $1,600,000 to $1,557,053. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Carmel-by-the-Sea is a seller's market.

If you need more bedrooms, take a look at these homes in Carmel-by-the-Sea that offer more than other listings:

$1.8M   $2.3M   $2.5M  

Get started right now by checking out Carmel-by-the-Sea homes for sale or reviewing Carmel-by-the-Sea real estate trends.

Demographic facts about Carmel-by-the-Sea:

  • The median age of all homes in the area is 56 years old.
  • The job growth rating in this area is 71. (Scale: 1 = Worst, 100 = Best)
  • The average school expenditure per student is $5,998. ($5,691 = national average)

Data reported through 10/13/2016

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Monterey Coast Realty
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