Market Summary

Carmel By The Sea, Monterey County, CA

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Median Home Price Price

$2,273,314 $2.3M

Median Monthly Rent Rent

$1,957 $2K

GRM

96.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Monterey County

Region Price Rent GRM Display
$1,344,083 $2,889 39.0x
$615,558 $1,924 27.0x
$2,712,482 $2,030 111.0x

Home prices

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Monthly rent

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GRM

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Similar markets within CA outside of Monterey County

Region Price Rent GRM Display
$2,809,753 $3,054 76.0x
$1,511,714 $3,036 41.0x
$1,400,755 $1,283 91.0x
$1,133,275 $3,481 27.0x
$2,796,044 $3,540 66.0x
$477,451 $2,018 20.0x
$1,326,372 $2,152 51.0x
$443,934 $1,754 21.0x
$1,106,894 $3,121 30.0x
$3,261,316 $3,835 71.0x
$1,163,447 $2,709 36.0x
$1,817,408 $3,372 45.0x
$3,489,454 $4,200 69.0x
$2,565,697 $3,099 69.0x
$1,249,233 $2,590 40.0x
$1,925,435 $3,513 45.0x
$1,377,215 $1,896 60.0x
$2,040,823 $3,839 44.0x
$1,613,658 $3,893 34.0x
$1,327,361 $2,673 41.0x
$2,980,391 $3,064 81.0x
$1,686,234 $2,634 53.0x
$2,041,409 $2,602 65.0x
$1,473,684 $3,099 39.0x
$2,402,161 $4,064 49.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of CA

Region Price Rent GRM Display
$369,114 $1,856 16.0x
$286,301 $2,038 12.0x
$834,693 $1,759 39.0x
$379,585 $1,835 17.0x
$398,107 $1,830 18.0x
$478,278 $1,919 21.0x
$2,162,687 $2,154 84.0x
$1,423,092 $2,230 53.0x
$1,068,070 $1,868 48.0x
$1,740,040 $2,043 71.0x
$433,874 $1,858 19.0x
$616,489 $1,983 26.0x
$1,748,464 $2,114 69.0x

Home prices

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Monthly rent

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GRM

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Carmel-by-the-Sea

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Trend Insights

Median Rent in Carmel-by-the-Sea, CA is $1,957, with MoM change +$12 and YoY change +$55 pointing to positive momentum while volatility is low (std $12).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Carmel-by-the-Sea, CA.

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Metric
Base market Carmel-by-the-Sea, CA
Compare market Select a market
Delta vs base
Median rent
$1,957
N/A
Median price
$2,273,314
N/A
YoY change
+$55
N/A
Price-to-rent
96.8x
Data unavailable
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