Is Carmel By The Sea, CA 93921 a buyer’s or seller’s market?
Carmel By The Sea is a seller’s market. With about 3.8 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Carmel By The Sea housing market right now
In the three months ending August 31, 2026, 0% of homes in Carmel By The Sea, CA 93921 sold above their list price, the typical home went under contract in 53 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (128 days then) and the median sale price rose 7% to $3,291,076. Overall, Carmel By The Sea is more competitive than a year ago, so tougher for buyers.
Within Monterey County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, King City 93930 (53% sold over asking) and Salinas 93907 (53% sold over asking) are even more competitive.
Run the numbers for 93921
Nearby markets
Aromas 95004Seller’s market $600 /sq ftBig Sur 93920Buyer’s market $3,679 /sq ftBradley 93426Buyer’s market $333 /sq ftCarmel 93923Balanced $1,111 /sq ft Browse all markets →Towns like Carmel By The Sea nearby
Find towns like Carmel By The Sea in other states →Where Carmel By The Sea is
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Questions about Carmel By The Sea real estate
Is Carmel By The Sea a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Carmel By The Sea, CA 93921 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Carmel By The Sea?
The typical home went under contract in 53 days in the latest three months.
Do homes in Carmel By The Sea sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.
What are property taxes in Carmel By The Sea?
About 1.15% of a home’s value a year in Monterey County, or roughly $4,600 on a $400,000 home.
What is the median home price in Carmel By The Sea?
The median sale price was $3,291,076 in the three months ending August 31, 2026, about $2,015 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology