Carmel Valley real estate market stats
For the 12 months from November 2025 through October 2026, Carmel Valley single-family homes recorded 99 sales, compared with 109 in the prior 12 months. The average of monthly median sale prices was $1.71M, down 16.4% from $2.04M, and the average sale price was $2.15M, down 13.1% from $2.48M. Price per square foot averaged $803, down 4.9%, and median days to sell averaged 65, up from 52. Inventory stood at 6.9 months. From January through October 2026, there were 82 sales totaling $185.8M, compared with 89 sales and $212.5M in the same ten months of 2025.
These statistics cover Carmel Valley single-family homes; condos and land are excluded.
Carmel Valley averaged about 118 single-family sales per year from 2002 through 2025, and annual totals over the last ten full years ranged from 92 to 189. At that volume, a few sales can move a single month’s figures noticeably, 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, Carmel Valley recorded 82 single-family sales totaling $185.8M, compared with 89 sales totaling $212.5M over the same ten months of 2025, a 12.6% decline in dollar volume. The average sale price was $2.27M, down 5.1% from $2.39M. The average of monthly median prices was $1.77M, down 8.3% from $1.94M.
| 2026 | 2025 | Change | |
|---|---|---|---|
| Homes sold | 82 | 89 | â–¼ 7.9% |
| Sales dollar volume | $185.8M | $212.5M | â–¼ 12.6% |
| Average sale price (volume ÷ sales) | $2.27M | $2.39M | ▼ 5.1% |
| Median sale price (avg of monthly medians) | $1.77M | $1.94M | â–¼ 8.3% |
| Price per sq ft (avg of months) | $812 | $841 | â–¼ 3.5% |
| Sale price vs original asking price | 88.2% | 89.9% | – |
| New listings | 144 | 145 | â–¼ 0.7% |
| Expired listings | 14 | 14 | â–² 0.0% |
From July through September 2026, there were 28 sales totaling $72.6M, compared with 31 sales totaling $70.3M in July through September 2025, so volume rose 3.3% on three fewer sales.
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.
Carmel Valley, in plain numbers
These statistics cover Carmel Valley single-family homes 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 Carmel Valley?
For November 2025 through October 2026, the average of monthly median sale prices for Carmel Valley single-family homes was $1.71M, down 16.4% from $2.04M in the prior 12 months. This figure averages each month’s median rather than taking one median of all sales.
How is the Carmel Valley market doing in 2026 so far?
From January through October 2026, there were 82 single-family sales totaling $185.8M, compared with 89 sales totaling $212.5M in the same ten months of 2025. The average sale price was $2.27M, compared with $2.39M a year earlier.
Are Carmel Valley home prices going up or down?
Both price measures declined over the latest 12 months. The average of monthly medians fell 16.4% to $1.71M, and the average sale price fell 13.1% to $2.15M, compared with November 2024 through October 2025.
What is the price per square foot in Carmel Valley?
Price per square foot averaged $803 for November 2025 through October 2026, down 4.9% from $844 in the prior 12 months.
How long does it take to sell a home in Carmel Valley?
The average of monthly median days to sell was 65 for November 2025 through October 2026, up 25.3% from 52 in the prior 12 months. For January through October 2026, it was 66 days, compared with 52 for the same period in 2025.
How does the final sale price compare with the asking price?
From January through October 2026, Carmel Valley homes sold for an average of 95.3% of final list price and 88.2% of original list price. For the same months of 2025, those figures were 94.7% and 89.9%.
How many homes sell in Carmel Valley each year?
Carmel Valley averaged about 118 single-family sales per year from 2002 through 2025, with 106 sales in 2025. Over the last ten full years, annual sales ranged from 92 to 189, and 82 homes sold from January through October 2026.
Is Carmel Valley a buyer’s or seller’s market?
Inventory stood at 6.9 months for November 2025 through October 2026, up from 6.3 months in the prior 12 months. A common rule of thumb treats about six months of inventory as balanced, so the current figure sits slightly above that mark.
Related area guides
Carmel Valley neighborhood guides
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; Carmel Valley had no zero-sale months in this period. A review of original-price ratios found no suspect values, so no months were excluded. 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 have not corrected or edited the source numbers. Unusual readings or inconsistencies may reflect the data entered by listing agents.