Carmel Valley Housing Market Report – July 2026
Here's a look at how the Carmel Valley, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 12
- Median Sale Price: $1,472,500
- Average Sale Price: $2,337,083
- Average Price Per Sq Ft: $708
- Average Days on Market: 140
- Sale-to-List Price Ratio: 96.7%
Month-Over-Month Trends
Compared to June, the median sale price in Carmel Valley moved 29.5% up (from $1,137,500 to $1,472,500). The number of homes sold was 200.0% up compared to the prior month (4 vs. 12). Average days on market shifted 14.1% down (163 days to 140 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 16.9% down (from $1,772,500 to $1,472,500). Sales volume is 0.0% down year-over-year.
What This Means
Carmel Valley's real estate market showed some interesting mixed signals in July, with activity picking up noticeably month-over-month while annual comparisons tell a different story. The median price jumped nearly 30 percent from June, reaching $1,472,500, though it's worth noting this sits about 17 percent below last July's peak. The surge in sales volume from June is encouraging for market momentum, though homes are still spending a substantial 140 days on the market—far longer than the quick sales typical of strong markets. The 96.7 percent sale-to-list ratio suggests sellers have realistic expectations and buyers aren't facing bidding wars.
What's particularly telling is the disconnect between summer activity and year-over-year trends. The modest inventory of 104 active listings indicates the market isn't flooded, yet homes aren't flying off shelves either. At current pricing, properties are moving at a measured pace that reflects cautious buying sentiment despite some month-to-month improvement. This feels like a normalizing market where seasonal summer interest is providing a temporary lift, but the underlying year-over-year softness suggests buyers remain selective and rates continue to influence purchasing power in Carmel Valley.
Carmel Valley Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93924 | 12 | $1,472,500 | $708 | 140 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 10 | $1,790,000 | $757 |
| LAND | 1 | $625,000 | N/A |
| MULTI_FAMILY | 1 | $600,000 | $218 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 3 |
| $750K+ | 9 |
Current Active Listings
As of this report, there are 104 active listings in Carmel Valley with a median asking price of $1,414,500 and an average of 151 days on market.
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