Tag Archives: Carmel real estate

NEW BEGINNINGS ~ IN CARMEL, PEBBLE BEACH, PACIFIC GROVE, AND MONTEREY

APRIL NEWSLETTER ~ NEW BEGINNINGS

Welcome to New Beginnings

No matter which holiday you celebrate at this time of year, best wishes for this season to be a time you are surrounded by all you love and cherish. Thank you for being part of my life. I wish you health and happiness and the comfort of community as we navigate these challenging times.

April on the Monterey Peninsula is a beautiful reminder that nature is always renewing itself—and inviting us to do the same. Along our breathtaking coastline, newborn harbor seal pups rest on the secluded beaches of Pacific Grove (six born so far!), baby fawns begin to explore beneath the canopy of coastal oaks, and hillsides come alive with wildflowers bursting in color and joy.

There’s an unmistakable energy this time of year… a sense of fresh starts, longer days, and new opportunities. Whether it’s a morning walk along the shoreline, spotting whales just offshore, or simply enjoying the vibrant beauty of our surroundings, spring has a way of inspiring us to look ahead.

In real estate, we’re seeing that same momentum. The spring market is beginning to bloom, bringing renewed interest, fresh inventory, and exciting possibilities for both buyers and sellers.

Here’s to the season of new beginnings—and all that’s ahead.

What’s New in Real Estate –  Carmel | Pebble Beach | Pacific Grove | Monterey

A Market in Transition—Not a Slowdown

The Monterey Peninsula is stepping into 2026 with a more balanced, nuanced market. After a softer 2024–2025 cycle, we’re seeing renewed activity and momentum, particularly as buyers re-engage with confidence. This isn’t a “boom” market—it’s a strategic market, where pricing, presentation, and positioning matter more than ever.

Carmel & Pebble Beach: Luxury Still Leads—But Smarter

  • Some pricing adjustments have occurred—Pebble Beach saw median prices dip year-over-year, while days on market have increased 
  • At the same time, high-end sales are still happening—including notable $10M+ transactions and strong off-market activity

What this means:
Well-priced, turnkey homes—especially with views or prime locations—are still commanding attention. Overpriced properties? Sitting longer.

            • The luxury market remains active, but buyers are more selective and value-driven
17 Shepherd’s Knoll, Pebble Beach 

   View Video        17 Shepherds Knoll Vertical

17 Shepherd’s Knoll, Pebble Beach   2BR/2BA  $899,000 

Call me for a private showing

Situated in one of Pebble Beach’s most desirable gated communities, this beautifully updated street-level 2-bedroom, 2-bath residence offers an ideal blend of comfort and coastal elegance. Nestled in a peaceful forest setting, the home captures lovely views of the iconic Pebble Beach landscape with glimpses of the bay beyond. The light-filled open floor plan is designed for relaxed living and easy entertaining. A warm and inviting living room with fireplace and wet bar opens to a private deck, while the spacious primary suite features dual sinks and a shower-over-tub for a serene retreat. Enjoy convenient street-level entry and direct elevator access to the enclosed one-car garage below, providing security and additional storage. Just minutes from world-class golf, Highway 1, Carmel, Pacific Grove, and Monterey, 17 Shepherds Knoll offers the best of the Pebble Beach lifestyle.

Pacific Grove: Speed + Opportunity

  • Median prices have softened year-over-year, creating opportunities for buyers
  • But here’s the interesting twist: homes are selling dramatically faster (days on market dropped significantly) 
  • What this means:
    Pacific Grove is becoming a sweet spot market—lifestyle-driven, walkable, coastal charm… with buyers ready to act quickly when the right property appears.

Buyers have discovered discovered why Pacific Grove – my home town – is so unique and special.

Monterey: Mixed Signals, Strategic Openings

  • Prices have fluctuated—recent data shows some downward adjustment year-over-year
  • Sales volume has also slowed in some months, but inventory and activity are stabilizing

What this means:
Monterey is offering entry points and value opportunities, especially for first-time buyers or investors looking to get into the Peninsula market.

 Just Sold ~ Offered at $1,025,000

JUST SOLD! 799 Grace Street, Monterey

Another successful closing in Monterey! I’m thrilled to share that both my sellers and the new buyer are absolutely delighted with the outcome.

Through thoughtful strategy, strong negotiation, and a seamless process meeting every challenge along the way from start to finish, we achieved a result that exceeded expectations. My sellers are incredibly happy with the final terms and level of service, and the buyer is equally excited to begin their next chapter in this wonderful home.

This is what I love most—bringing people together and creating outcomes where everyone wins.

The Bigger Picture (Across All Markets)

Coming soon is our Q-1 Report discussing in detail the last quarter and what is to come. For now, here’s a quick summary.

  • Inventory is slowly increasing, giving buyers more choice
  • Sales volume is steady—not surging, not collapsing
  • The majority of transactions are happening in the $1M–$3M range, showing strong mid-market demand – however, there have been several $10M+ sales 
  • Days on market have normalized, moving away from the frenzy of past years

Your April Takeaway 

This spring market feels different—in the best way. It’s no longer about rushing… it’s about opportunity, strategy, and timing.

Buyers are thoughtful. Sellers who position their homes well are still winning. And across Carmel, Pebble Beach, Pacific Grove, and Monterey, we’re seeing a market that’s resetting into something healthier, more sustainable, and full of possibility.

 

RANCHO CIELO

Supporting Non-profits is part of my DNA and if you haven’t seen this video on Rancho Cielo, please take a couple of minutes to learn about all of the amazing things they are doing at this extraordinary school that put underserved youth on the right path with academic and vocational training . . .  and so much more!

View Video

As always, if I can help with any of your real estate needs, don’t hesitate to call me. I would love to help you achieve your goals, your desires, and your dreams.

Susan Clark, realtor at Carmel Realty Company #00929953, 831-320-6801

 

WHAT’S GOING ON IN THE REAL ESTATE MARKET? CARMEL ~ PEBBLE BEACH, CA

 

Sunset in Carmel

As the days get shorter and the temperatures drop, our lives experience the ever changing cycles of nature. And yes, our real estate market continues to have ever changing cycles as well.

I keep being asked, “What’s happening in real estate?”  So I thought I’d drop everyone a note, to give you some answers – as I see it.

Question: “How is the market doing?”

Answer:  First, it’s not the same as 2020-2021. These years became frenetic and crazy as a result of the Pandemic with huge price hikes and over asking bidding by buyers.

Everyone seemed to be reflecting on their lives and re-setting priorities and many decided to make changes about where they wanted to live. Plus working remotely  became possible opening up a lot of flexibility for people to live in places not necessarily close to where they worked. So . . . welcome to the Monterey Peninsula!

2 NW 3rd Avenue & Junipero, Sold in 2022

The market is down considerably from the spikes we saw during Covid; while the first half of the year held up stronger the second half’s decline has been a bit more rapid. 

However, this year we are reaching more normal numbers that are consistent with pre-covid times in terms of volume. We are still ahead in volume of 2018-2019 so we are in a healthy market.

The beautiful white sands of Carmel Beach

Question: How is the market doing and what’s happening with inventory?

Answer: The market is still pretty strong because inventory is low and demand remains high. We have many buyers with 228 listings available in the Monterey Peninsula markets which is lower than last year, but still very tight.

1044 Lost Barranca, Pebble Beach Sold in 2022

Question: What is happening with home values?

Answer: Home values are holding up better than transaction numbers. We’ve seen almost half the listings on the market go through price reductions with the average reduction being 9.1%

Last quarter we saw 315 sales that took place with sale prices going for 5.5% below asking on half of the homes. So overall prices are holding up pretty well.

Question: How is Carmel Realty Company doing?

Answer: As the market get tougher, the best perform. We are one of the top brokerages on the Monterey Peninsula that grew this year because our agents are the best. As a matter of fact, we have the highest producing agents as our agents do 44% more volume than any other brokerage. We are a small company, but mighty!

Susan Clark with her amazing support staff at Carmel Realty Company

Here I am with my amazing support staff (and many are not pictured). Our CEO, our managers, our transaction coordinator, our marketing and analytics team, our property management team, and accounting. We’ve added concierge services for our second home owners and we have long term and vacation rentals. We pretty much can furnish any kind of real estate need you have.

How could a woman go wrong, with this team behind me?

Call me for any real estate needs you may have.

Susan Clark #00929953 Realtor, Carmel Realty 831-320-6801

Recipient of the Carmel Chamber of Commerce Award of Excellence in Real Estate (small) for 2021

Web site:  www. StreetsofCarmel.com