A Strong Start to 2025 for Pebble Beach Real Estate
As we step into 2025, the Pebble Beach luxury market continues to showcase resilience and growth. Whether you're considering listing your property or looking to invest in this exclusive enclave, the latest market data reveals key insights that can guide your next move.
Market at a Glance
📍 Median Sales Price: $3,650,000 (Up 67.82% from last month, 30.36% YoY)
📍 Average Sales Price: $4,369,000 (Up 45.46% from last month, 56.04% YoY)
📍 Sales Price/List Price Ratio: 99.67% (Sellers are achieving near-asking prices)
📍 New Listings: 13 (A 333.33% increase from last month)
📍 Average Days on Market: 28 Days (Homes are moving faster compared to past months)
📍 Inventory: 33 Active Listings (A 22.22% increase YoY)
Key Takeaways
🔥 Surging Home Values
Pebble Beach has reached record-breaking price levels, with the median sales price soaring to $3.65M and the average sales price at $4.37M. This continued upward trajectory signals strong demand for high-end properties in this sought-after coastal destination.
⏳ Faster Sales, Competitive Market
Homes are selling faster than before, with an average of just 28 days on the market, marking a dramatic shift from last year’s slower pace. Buyers are acting quickly, making this an opportune time for sellers to maximize their returns.
📈 Expanding Inventory = More Opportunities
With 33 homes currently for sale, the supply has grown while demand remains steady. This provides buyers with more choices, while sellers still benefit from a highly competitive environment.
💎 Luxury Real Estate in High Demand
With a near-100% list-to-sale price ratio, sellers are getting top dollar for their homes. This reflects strong buyer confidence and a continued appreciation for Pebble Beach's world-class lifestyle.
What This Means for You
📌 For Sellers: The market is favoring well-positioned luxury properties. If you’re considering selling, now is an excellent time to capitalize on rising prices and strong demand.
📌 For Buyers: More listings are coming to market, but premium properties are moving quickly. If you’re looking to invest, staying prepared and working with a knowledgeable expert is key.
Thinking of Buying or Selling in Pebble Beach?
The Pebble Beach real estate market is thriving, and timing is everything. Whether you're looking to list your home or find your dream property, I’m here to provide expert guidance tailored to your goals.
📞 Mike Meza | Sotheby’s International Realty
📍 Luxury Real Estate Specialist
📧 [email protected]
🌎 MezaProperties.com
📲 831-578-4601
Ready to explore your options? Let’s connect today!