A Collaborative Approach to Real Estate
The Arnold Team
Reports
Q3 2025 Market ReportAs summer unfolds before transitioning into fall, the third quarter on the Monterey Peninsula traditionally brings a dynamic blend of activity and anticipation. Between the excitement of Monterey Car Week, the arrival of second-home buyers escaping the summer heat elsewhere, and a general uptick in visitor tra c through Carmel-by-the-Sea, Pebble Beach, and surrounding areas, Q3 o en sets the tone for the year's real estate narrative. Historically, this is when momentum builds, transaction numbers are strong, luxury buyers return to market, and we gain insights into the trajectory for the year's end. |
| Title | Date Posted | Size |
|---|---|---|
 Q3 2025 Market Report
As summer unfolds before transitioning into fall, the third quarter on the Monterey Peninsula traditionally brings a dynamic blend of activity and anticipation. Between the excitement of Monterey Car Week, the arrival of second-home buyers escaping the summer heat elsewhere, and a general uptick in visitor tra c through Carmel-by-the-Sea, Pebble Beach, and surrounding areas, Q3 o en sets the tone for the year's real estate narrative. Historically, this is when momentum builds, transaction numbers are strong, luxury buyers return to market, and we gain insights into the trajectory for the year's end. |
11/26/2025 | |
| Q2 2025 Market Report
As winter transitioned into spring and the longer sunlit days of early summer, the Monterey Peninsula real estate market entered its active selling season. The second quarter traditionally brings heightened energy to the market, and the early part of the quarter delivered, driven by fresh inventory, strong buyer interest, and the unmistakable allure of life along the Monterey Peninsula's iconic coastline. However, the momentum briefly paused as global economic uncertainty—sparked by newly announced tariffs and a sharp dip in the stock market—led to a temporary slowdown in transactions. Still, the resilience of the market quickly reasserted itself. By June, activity picked up once again, closing out the quarter with strength and signaling renewed confidence as we head into the heart of the summer season. |
8/1/2025 | |
| Q1 2025 Market Report
The Monterey Peninsula's real estate market experienced a strong start to 2025. The overall market saw a 14.6% increase in home sales this quarter versus Q1 of last year. In addition, a small 4.9% increase in average sales price led to a 19.7% rise in total sales dollar volume when compared to last year. During Q1, Pebble Beach saw a surge in the entry market, experiencing 15 home sales under $3M. While Carmel-by-the-Sea was a bit slower than usual in Q1, the Carmel Highlands area saw four strong sales during the quarter and added eleven active listings. Though higher-priced homes across the market continued to sell slower than usual in Q1, during the first few days of April our company represented three sides on two amazing sales in Carmel. One sale just off Scenic Road sold for $13M and another on the beach in Carmel sold for $17.5M. |
4/29/2025 | |
| 2024 Annual Market Report
It was a great holiday season on the Monterey Peninsula with locals, second homeowners, and visitors enjoying the beautiful landscapes, inspiring outdoor activities, and bustling restaurants and shops our area has to offer. Beginning in the summer and extending into Thanksgiving, Christmas and New Years, town was busy, vibrant and festive, an indicator that the Monterey Peninsula community is very healthy alongside a healthy real estate market. |
2/10/2025 | |
| Q3 2024 Market Report
As the Monterey Peninsula's Indian summer brings sunshine and warmer temperatures across the region, the real estate market is also experiencing an enjoyable period. After a spike in activity during the second quarter, the market experienced another well-performing quarter during Q3. This means we have seen six consecutive months of good activity and sales volume in our market, following a slower sales cycle over the prior 18 months. In addition, there is also promise for a third strong quarter ahead as September saw 115 homes go into escrow, the most of any month since May 2022. Inventory also closed the quarter with 379 active listings, over one hundred more than the same time last year, and the most we have seen on the Peninsula since the summer of 2020. |
11/18/2024 | |
| Q2 2024 Market Report | The Arnold Team
We hope this newsletter and attached Market Report finds you well and enjoying your summer. We are pleased to share Carmel Realty Company's Market Report for the 2Q 2024. In a snapshot, the data suggests we are currently in a dynamic market as demonstrated by market results compared to the previous quarter and the same period in 2023. There is good news for the Monterey Peninsula! Home inventory has increased, plus the number of sales, the average sales price and the sales volume are all also up. Finally, the days on market have decreased. This shows there is still a strong demand for local housing... |
8/6/2024 | |
| Q1 2024 Market Report
Much like the close of 2023, the Monterey Peninsula's real estate market had a sleepy start to 2024. The typical rainy and windy weather conditions throughout the opening months of the year paired with continued economic pressure on both the entry level and luxury ends of the market led to a slow first two months of the year. The entry level market remained uneasy due to lingering elevated interest rates. The higher end of the market stayed slow over the winter months due to macro-economic uncertainty, geopolitical concerns, and other distractions that kept most affluent buyers on the sidelines. Luckily, as we moved into March, we felt a surge of activity. After 91 new listings in January and 98 more in February, March saw 152 new listings come to market. This was the highest number of new listings we have seen come on the market in one calendar month since June of 2022. |
4/19/2024 | |
| 2023 Annual Market Report |
2/27/2024 | |
| 2022 Annual Market Report
Following two years of extraordinary growth, the real estate market on the Monterey Peninsula has normalized. The number of transactions, total dollar volume and average sale pricesall hit record highs beginning in the second half of 2020 and continuing into the first half of 2022. However, beginning in the summer of 2022, the number of transactions and total sales dollar volume has returned for the most part to pre-COVID levels. The positive news is that while transaction volume is down significantly from the previous two-year peak, home values on the Peninsula are holding up nicely. In this regard, once again, our market is greatly outperforming most markets across the country. Please read on to learn more about your area! |
1/31/2023 | |
| April 2022 Newsletter from The Arnold Team
Market inventory continues to be very tight as the number of Buyers far outweigh the number of available homes. Even with climbing mortgage interest rates, demand remains strong. We continue to see homes selling over list price, some substantially over. |
4/27/2022 |