$2,750,000
2,571 SqFt
3 Beds
•4 Full Baths, 1 Partial
BambacePetersonTeam, Listing Office: Compass
Is Pebble Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pebble Beach has remained a Seller's Market.
Key Takeaway
Pebble Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pebble Beach, CA
How much do homes in Pebble Beach, CA cost?
Median Sold Price
$2,675,000
$1,086/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,000(+0.3%)
Key Takeaway
The sold price of homes in Pebble Beach has remained the same since last year.
Summary: The median home sold price in Pebble Beach was $2,675,000 in October 2024, up 0.3% from last year, and the median price per square foot was $1,086.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.4M | N/A |
| 2 Bedrooms | $2.3M | $1.2M | -44.9% |
| 3 Bedrooms | $2.2M | $2.4M | +8.9% |
| 4 Bedrooms | $3.8M | $4.3M | +11.3% |
| 5+ Bedrooms | $9.2M | $3.3M | -64.0% |
Summary: Pebble Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 44.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 64%.
Median Sold Price Compared To Nearby Cities
| Pacific Grove | $1.4M | $1.4M | +1.3% |
| Pebble Beach | $2.6M | $2.6M | 0.3% |
| Monterey | $1.0M | $1.0M | -0.5% |
| Seaside-Monterey | $1.0M | $1.0M | -1.6% |
Housing Supply in Pebble Beach, CA
How many homes are available in Pebble Beach, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 53 | 0.0% |
Summary: The Pebble Beach real estate market had 53 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Pebble Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pebble Beach, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Pebble Beach in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
Days on Market for Pebble Beach, CA
How long does it take to sell a home in Pebble Beach, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 75 Days | 103 Days | +37.6% |
Summary: Homes in Pebble Beach had an average of 103 days on market in Oct 2024, up by 37.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pebble Beach has remained consistent over time.
Summary: During October 2024, 9 homes were sold in Pebble Beach; 22% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 33% 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.