$10,000 Closing Credit*
$2,250,000
2,318 SqFt
3 Beds
•3 Full Baths
BambacePetersonTeam, Listing Office: Compass
Is Carmel-by-the-Sea, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Carmel-by-the-Sea has remained a Neutral Market.
Key Takeaway
Carmel-by-the-Sea is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Carmel-by-the-Sea, CA
How much do homes in Carmel-by-the-Sea, CA cost?
Median Sold Price
$2,985,000
$1,743/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$255,000(-7.9%)
Key Takeaway
Homes in Carmel-by-the-Sea have sold for 7.9% less than they did a month ago.
Summary: The median home sold price in Carmel-by-the-Sea was $2,985,000 in November 2024, down 7.9% from last month, and the median price per square foot was $1,743.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $2.7M | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $3.7M | $1.4M | -60.8% |
| 4 Bedrooms | - | $4.5M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Carmel-by-the-Sea housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 60.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Carmel-by-the-Sea, CA
How many homes are available in Carmel-by-the-Sea, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The Carmel-by-the-Sea real estate market had 14 homes for sale in November 2024, a 16.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Carmel-by-the-Sea housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carmel-by-the-Sea, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Carmel-by-the-Sea in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Carmel-by-the-Sea, CA
How long does it take to sell a home in Carmel-by-the-Sea, CA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 7 Days | -76.6% |
Summary: Homes in Carmel-by-the-Sea had an average of 7 days on market in Nov 2024, down by 76.6% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carmel-by-the-Sea are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Carmel-by-the-Sea; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.