Carmel, CA Housing Market
The Carmel housing market is somewhat competitive. The median sale price of a home in Carmel was $975K last month, down 56.7% since last year. The median sale price per square foot in Carmel is $1.77K, up 38.5% since last year.
Carmel Housing Market Trends
In October 2024, Carmel home prices were down 56.7% compared to last year, selling for a median price of $975K. On average, homes in Carmel sell after 84 days on the market compared to 75 days last year. There were 9 homes sold in October this year, down from 10 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Carmel housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 55 days.
- Hot homescan sell for around list price and go pending in around 27 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 59 days.
- Hot homescan sell for around list price and go pending in around 30 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 40 days.
- Hot homescan sell for about 2% above list price and go pending in around 21 days.
Carmel Migration & Relocation Trends
- Across the nation, 0.35% of homebuyers searched to move into Carmel from outside metros.
- San Francisco homebuyers searched to move into Carmel more than any other metro followed by Los Angeles and Seattle.
- 32% of Carmel homebuyers searched to stay within the Carmel metropolitan area.
- Sacramento was the most popular destination among Carmel homebuyers followed by San Luis Obispo and Las Vegas.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Sep '24 - Nov '24 | ||
1 | 608 | ||
2 | 307 | ||
3 | 42 | ||
4 | 28 | ||
5 | 23 | ||
6 | 15 | ||
7 | 10 | ||
8 | 9 | ||
9 | 9 | ||
10 | 6 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Sep '24 - Nov '24 | ||
1 | 30 | ||
2 | 30 | ||
3 | 22 | ||
4 | 21 | ||
5 | 20 | ||
6 | 17 | ||
7 | 14 | ||
8 | 14 | ||
9 | 14 | ||
10 | 13 |
View houses in Carmel that sold recently
Recently sold homes
- $3,150,000 Last Sold Price4 beds4 baths1,897 sq ft25990 Junipero St, Carmel, CA 93923List Price$3,495,000Sale to List10% under listDays on Market98 days25990 Junipero St, Carmel, CA 93923
- $4,500,000 Last Sold Price4 beds4 baths1,896 sq ft0 Camino Real 2 SW of 7th, Carmel, CA 93921List Price$4,500,000Sale to List0% over listDays on Market55 days0 Camino Real 2 SW of 7th, Carmel, CA 93921
- $1,400,000 Last Sold Price2 beds2.5 baths1,520 sq ft3850 Rio Rd #1, Carmel, CA 93923List Price$1,275,000Sale to List10% over listDays on Market27 days3850 Rio Rd #1, Carmel, CA 93923
- $1,544,300 Last Sold Price3 beds3 baths2,285 sq ft24520 Outlook Dr #19, Carmel, CA 93923List Price$1,575,000Sale to List2% under listDays on Market87 days24520 Outlook Dr #19, Carmel, CA 93923
- $2,563,000 Last Sold Price3 beds3 baths2,000 sq ft2920 Ribera Rd, Carmel, CA 93923List Price$2,750,000Sale to List7% under listDays on Market38 days2920 Ribera Rd, Carmel, CA 93923
- $18,330,000 Last Sold Price3 beds3.5 baths2,894 sq ft0 San Antonio 2 SW of 11th Ave, Carmel, CA 93921List Price$18,200,000Sale to List1% over listDays on Market27 days0 San Antonio 2 SW of 11th Ave, Carmel, CA 93921
- $880,000 Last Sold Price2 beds2 baths1,484 sq ft3600 High Meadow Dr #34, Carmel, CA 93923List Price$859,000Sale to List2% over listDays on Market38 days3600 High Meadow Dr #34, Carmel, CA 93923
- $5,000,000 Last Sold Price3 beds3 baths1,390 sq ft26166 Valley View Ave, Carmel, CA 93923List Price$4,999,000Sale to List0% over listDays on Market38 days26166 Valley View Ave, Carmel, CA 93923
See all recently sold homes in Carmel.
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Schools in Carmel
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Carmel River Elementary School Public • K-5 | 402 Students | 17 reviews |
Climate's impact on Carmel housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Carmel.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Minimal
Heat Factor
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