Pebble Beach Annual Real Estate Trends

Pebble Beach
(Single Family Homes)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 179 74 $506,250 $662,472        
1996 181 101 $535,000 $955,887 1.1% 36.5% 5.7% 44.3%
1997 167 147 $576,500 $838,221 -7.7% 45.5% 7.8% -12.3%
1998 195 135 $750,000 $1,183,496 16.8% -8.2% 30.1% 41.2%
1999 169 142 $745,000 $1,402,178 -13.3% 5.2% -0.7% 18.5%
2000 170 136 $1,090,000 $1,982,387 0.6% -4.2% 46.3% 41.4%
2001 160 67 $930,000 $1,652,545 -5.9% -50.7% -14.7% -16.6%
2002 168 84 $1,006,250 $1,749,443 5.0% 25.4% 8.2% 5.9%
2003 169 109 $1,050,000 $1,444,294 0.6% 29.8% 4.3% -17.4%
2004 166 110 $1,300,000 $1,879,309 -1.8% 0.9% 23.8% 30.1%
2005 183 108 $1,660,000 $2,361,779 10.2% -1.8% 27.7% 25.7%
2006 174 75 $1,657,500 $2,664,573 -4.9% -30.6% -0.2% 12.8%
2007 171 70 $2,312,500 $2,702,384 -1.7% -6.7% 39.5% 1.4%

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Pebble Beach
(Townhomes/Condominiums)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 16 8 $315,000 $642,062        
1996 17 9 $260,000 $530,722 6.3% 12.5% -17.5% -17.3%
1997 38 25 $407,000 $736,826 123.5% 177.8% 56.5% 38.8%
1998 38 36 $1,242,277 $1,111,983 0.0% 44.0% 205.2% 50.9%
1999 21 25 $1,124,381 $938,889 -44.7% -30.6% -9.5% -15.6%
2000 19 14 $640,000 $1,388,478 -9.5% -44.0% -43.1% 47.9%
2001 16 8 $587,500 $842,812 -15.8% -42.9% -8.2% -39.3%
2002 22 9 $595,000 $1,426,361 37.5% 12.5% 1.3% 69.2%
2003 26 12 $650,000 $1,304,083 18.2% 33.3% 9.2% -8.6%
2004 25 22 $640,000 $1,043,955 -3.8% 83.3% -1.5% -19.9%
2005 16 19 $780,000 $1,482,079 -36.0% -13.6% 21.9% 42.0%
2006 19 4 $850,000 $2,011,250 18.8% -78.9% 9.0% 35.7%
2007 23 6 $777,250 $1,455,416 21.1% 50.0% -8.6% -27.6%

DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.

 

These statistics are generated using information from the RE InfoLink MLS, but have not been verified and are not guaranteed. RE InfoLink disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

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