Carmel area real estate market stats
Over October 2025 – September 2026, 67 single-family homes sold in the Carmel area (▲ 13.6% vs the prior 12 months). Monthly median sale prices averaged $2.47M (▼ 6.1%), price per square foot averaged $1,390 (▼ 1.1%), and homes took a median of about 43 days to sell. Inventory stood at 5.0 months.
Covers single-family homes in nine neighborhoods around Carmel-by-the-Sea: Carmel Point, Hatton Fields, Carmel Woods, Carmel Meadows, Mission Fields, Carmel Views & Rancho Rio Vista, Carmel Hills, High Meadows and Jacks Peak. Homes inside the town itself are on the Carmel-by-the-Sea stats page.
Updated through September 2026 · Headline figures cover October 2025 – September 2026 vs the prior 12 months
These nine neighborhoods are small: about 94 single-family homes sell in a typical year (52–126 a year over the last decade), so a single month can swing sharply. Headline figures use trailing 12 months, and charts default to a 12-month rolling line.
January–September 2026 vs 2025
Same nine months, side by side. The Carmel area sold $183.6M of single-family homes, up 14% from 2025 and the most for these months since 2022. Sales rose from 49 to 52, and the average sale price went from $3.27M to $3.53M.
| 2026 | 2025 | Change | |
|---|---|---|---|
| Homes sold | 52 | 49 | â–² 6.1% |
| Sales dollar volume | $183.6M | $160.4M | â–² 14.4% |
| Average sale price (volume ÷ sales) | $3.53M | $3.27M | ▲ 7.8% |
| Median sale price (avg of monthly medians) | $2.71M | $2.58M | â–² 5.4% |
| Price per sq ft (avg of months) | $1,493 | $1,257 | â–² 18.8% |
| Sale price vs original asking price | 92.2% | 91.3% | – |
| New listings | 88 | 72 | â–² 22.2% |
| Expired listings | 5 | 4 | â–² 25.0% |
Third quarter (July–September) 2026: 20 sales worth $52.6M, against 18 sales worth $54.6M in Q3 2025. These figures cover the nine neighborhoods around Carmel-by-the-Sea, not the town itself; see the Carmel-by-the-Sea stats page for the town. With about 94 sales in a typical year, a few very large sales can move these numbers a lot.
Explore the market
Explore 20 market stats, month by month from January 2002 through September 2026 (297 months). Switch the time range, view raw months, or see prices in today's dollars.
Nine neighborhoods, one Carmel address
Every figure on this page covers single-family homes in the nine neighborhoods and areas around the town of Carmel-by-the-Sea. Most of them are in unincorporated Monterey County, even though the mailing address says Carmel.
- 01Carmel Point
- 02Hatton Fields
- 03Carmel Woods
- 04Carmel Meadows
- 05Mission Fields
- 06Carmel Views & Rancho Rio Vista
- 07Carmel Hills
- 08High Meadows
- 09Jacks Peak
Homes inside the town of Carmel-by-the-Sea are not part of these numbers. They have their own stats page. Each neighborhood has too few sales to chart on its own, so they are combined here.
Frequently asked questions
What areas do these Carmel stats cover?
These figures cover single-family homes in nine neighborhoods and areas around Carmel-by-the-Sea: Carmel Point, Hatton Fields, Carmel Woods, Carmel Meadows, Mission Fields, Carmel Views & Rancho Rio Vista, Carmel Hills, High Meadows and Jacks Peak. They do not include homes inside the town of Carmel-by-the-Sea, which has its own stats page.
What is the median home price in the Carmel area?
Over the 12 months from October 2025 – September 2026, monthly median sale prices for single-family homes in the Carmel area averaged $2.47M, down 6.1% from the prior 12 months. The average sale price was $3.22M.
How do Carmel-area home prices compare with Carmel-by-the-Sea?
Over October 2025 – September 2026, monthly median sale prices averaged $2.47M in the nine Carmel-area neighborhoods and $3.47M inside Carmel-by-the-Sea. Price per square foot averaged $1,390 in the Carmel area and $2,146 in Carmel-by-the-Sea. 67 single-family homes sold in the Carmel area, compared with 85 in Carmel-by-the-Sea.
What is the price per square foot in the Carmel area?
Single-family homes in the Carmel area averaged $1,390 per square foot over October 2025 – September 2026, compared with $1,405 in the prior 12 months.
How long does it take to sell a home in the Carmel area?
Median days to sell averaged 43 days over October 2025 – September 2026, versus 43 days the year before.
How many homes sell in the Carmel area each year?
67 single-family homes sold in the nine Carmel-area neighborhoods over October 2025 – September 2026. From 2002 through 2025, they averaged 94 sales per year, so single months are noisy.
Is the Carmel area a buyer's or seller's market?
Over October 2025 – September 2026 there were 5.0 months of inventory (average active listings divided by average monthly sales), compared with 4.8 a year earlier. About six months is commonly treated as balanced.
Single-family homes, MLS data compiled by Jonathan Balog, Compass associate broker. Jan 2002 – September 2026. Inflation adjustment: U.S. Bureau of Labor Statistics CPI-U, U.S. city average, all items, not seasonally adjusted (series CUUR0000SA0). BLS did not publish CPI for October 2025; the prior month's value is used. 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. Four sale-to-original-price readings are excluded because the original list price was most likely mistyped in the MLS: May 2014 (132.1%); October 2010 (6,654.9%); August 2009 (207.7%); August 2004 (146.2%). February 2019 had no sales, so price, days-to-sell and ratio figures are blank for that month.