Is Pebble Beach, CA 93953 a buyer’s or seller’s market?

The Pebble Beach housing market right now

In the three months ending August 31, 2026, 5% of homes in Pebble Beach, CA 93953 sold above their list price, the typical home went under contract in 72 days and there were 6.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 35%, homes sold more slowly (31 days then) and the median sale price rose 68% to $4,148,205. Overall, Pebble Beach is less competitive than a year ago, which gives buyers more room.

Within Monterey County, homes here sell more slowly than in 95% of the county’s ZIP codes, and sell less often over asking than in 81%. On our competition score, Pebble Beach ranks #1,059 of 1,069 CA ZIP codes with enough sales (score 9 out of 100).

Nearby, buyers who want less competition could look at Castroville 95012 (0% sold over asking) or Carmel By The Sea 93921 (0% sold over asking), while King City 93930 (53% sold over asking) and Salinas 93907 (53% sold over asking) are even more competitive.