Pacific Grove real estate market stats
For the 12 months from November 2025 through October 2026, Pacific Grove single-family homes recorded 125 sales, compared with 121 in the prior 12 months. The average of monthly median sale prices was $1.37M, down 13.3% from $1.58M, and the average sale price was $1.59M, down 7.2% from $1.71M. Price per square foot averaged $1,122, down 4.9%, and median days to sell averaged 22, about the same as the prior 12 months. Inventory stood at 2.8 months, compared with 2.5. From January through October 2026, there were 106 sales totaling $170.7M, compared with 108 sales and $187.5M in the same ten months of 2025.
These statistics cover single-family homes listed with Pacific Grove as the city in MLSListings; condos and land are excluded.
Updated through October 2026 · Headline figures cover November 2025 – October 2026 vs the prior 12 months
Pacific Grove averaged about 147 single-family sales per year from 2002 through 2025, and annual totals over the last ten full years ranged from 108 to 201. Even at that volume, a handful of sales can move a single month's figures, so charts default to a trailing 12-month rolling view to smooth month-to-month noise.
January–October 2026 vs 2025
From January through October 2026, Pacific Grove recorded 106 single-family sales totaling $170.7M, compared with 108 sales totaling $187.5M over the same ten months of 2025, so dollar volume was down 9.0%. The average sale price was $1.61M, down 7.3% from $1.74M. The average of monthly median prices was $1.40M, down 13.4% from $1.62M.
| 2026 | 2025 | Change | |
|---|---|---|---|
| Homes sold | 106 | 108 | â–¼ 1.9% |
| Sales dollar volume | $170.7M | $187.5M | â–¼ 9.0% |
| Average sale price (volume ÷ sales) | $1.61M | $1.74M | ▼ 7.3% |
| Median sale price (avg of monthly medians) | $1.40M | $1.62M | â–¼ 13.4% |
| Price per sq ft (avg of months) | $1,115 | $1,148 | â–¼ 2.9% |
| Sale price vs original asking price | 96.0% | 96.7% | – |
| New listings | 144 | 143 | â–² 0.7% |
| Expired listings | 5 | 12 | â–¼ 58.3% |
From July through September 2026, there were 31 sales totaling $42.7M, compared with 30 sales totaling $53.5M in July through September 2025, so dollar volume fell 20.2%.
See market stats for every Peninsula area I cover on the Monterey Peninsula market stats page.
Explore the market
Explore 20 market stats, month by month from January 2002 through October 2026 (298 months). Switch the time range, view raw months, or see prices in today's dollars.
Pacific Grove, in plain numbers
These statistics cover single-family homes listed with Pacific Grove as the city in MLSListings, from January 2002 through October 2026. Condos and land are not included. The default is a 12-month rolling view; monthly figures are also available but are more sensitive to individual sales.
Frequently asked questions
What is the median home price in Pacific Grove?
For November 2025 through October 2026, the average of monthly median sale prices for Pacific Grove single-family homes was $1.37M, down 13.3% from $1.58M in the prior 12 months. This figure averages each month's median rather than taking one median of all sales.
How is the Pacific Grove market doing in 2026 so far?
From January through October 2026, there were 106 single-family sales totaling $170.7M, compared with 108 sales totaling $187.5M in the same ten months of 2025. The average sale price was $1.61M, compared with $1.74M a year earlier.
Are Pacific Grove home prices going up or down?
Both price measures declined over the latest 12 months. The average of monthly medians fell 13.3% to $1.37M, and the average sale price fell 7.2% to $1.59M, compared with November 2024 through October 2025.
What is the price per square foot in Pacific Grove?
Price per square foot averaged $1,122 for November 2025 through October 2026, down 4.9% from $1,180 in the prior 12 months.
How long does it take to sell a home in Pacific Grove?
For November 2025 through October 2026, the average of monthly median days to sell was 22 days, nearly unchanged (up 1.5%) from the prior 12 months. For January through October 2026 and the same months of 2025, it was 20 days in both periods.
How does the final sale price compare with the asking price?
From January through October 2026, Pacific Grove homes sold for an average of 98.4% of final list price and 96.0% of original list price. For the same months of 2025, those figures were 99.3% and 96.7%.
How many homes sell in Pacific Grove each year?
Pacific Grove averaged about 147 single-family sales per year from 2002 through 2025, with 127 sales in 2025. Over the last ten full years, annual sales ranged from 108 to 201, and 106 homes sold from January through October 2026.
Is Pacific Grove a buyer's or seller's market?
Inventory stood at 2.8 months for November 2025 through October 2026, up from 2.5 months in the prior 12 months. A common rule of thumb treats about six months of inventory as balanced, so the current figure sits well below that mark.
Single-family homes, MLS data compiled by Jonathan Balog, Broker Associate, DRE 01980970, Compass. Jan 2002 – October 2026. Inflation adjustment: U.S. Bureau of Labor Statistics CPI-U, U.S. city average, all items, not seasonally adjusted (series CUUR0000SA0). Household income: U.S. Census Bureau, Small Area Income and Poverty Estimates (SAIPE), median household income, Monterey County, 2002–2024; later years use the 2024 estimate. The median figure is the average of nonblank monthly medians, not a single median of all transactions in the period. Price per square foot, days to sell and list-price ratios are likewise averages of nonblank monthly figures, while the average sale price is weighted by sales: total dollar volume divided by total sales. Because the two methods differ, the average of monthly medians and the weighted average can move differently. Months with no sales would be left blank rather than recorded as zero; Pacific Grove had no zero-sale months in this period. One reading is excluded because the original list price was most likely mistyped in the MLS: the December 2006 sale-to-original-price ratio (9,187.4%). Excluded months show as gaps in that chart and are left out of its rolling averages; they do not enter any headline figure. Where the CPI cache had gaps (October 2025 and October 2026), the prior available month's CPI was carried forward. Headline inventory is average active listings divided by average monthly sales over the 12 months; the inventory chart averages monthly MLS inventory readings and can differ from that headline. I pull the underlying market statistics directly from MLSListings and, apart from the exclusions noted above, have not corrected or edited the source numbers. Unusual readings or inconsistencies may reflect the data entered by listing agents.