One of San Diego's premier master-planned communities: top-rated schools, newer homes, and a deep market on both the house and condo side.
On a smoothed basis, Carmel Valley's median has climbed roughly 33% over the past five years, and demand across the area remains steady.
Houses are running near $2.46M (about 1.0 months of supply, selling near 98.2% of original price in roughly 14 days), while condos and townhomes sit near $997,000 (3.9 months, roughly 96.1% of original, about 44 days).
Over five years the median sale price in Carmel Valley houses is up about 33% and the price per square foot is up about 37%. The two are close, with the price per square foot a few points ahead, so values rose a little more than the headline median shows.
Price per square foot is the sale price divided by the home's interior square footage.
Both figures use the same smoothed five year comparison: the average of the last twelve monthly medians against the average of the first twelve. A gap of eight points or more is treated as a mix shift. That threshold was set by testing, not picked: an earlier version flagged nine of nineteen areas, which is noise. It now flags eight of forty.
Over five years the median sale price in Carmel Valley condos is up about 33% and the price per square foot is up about 27%. The two are close, with the median a few points ahead, so most of the gain is prices rising and a little of it is a shift toward bigger or higher end homes selling.
Price per square foot is the sale price divided by the home's interior square footage.
Both figures use the same smoothed five year comparison: the average of the last twelve monthly medians against the average of the first twelve. A gap of eight points or more is treated as a mix shift. That threshold was set by testing, not picked: an earlier version flagged nine of nineteen areas, which is noise. It now flags eight of forty.
Carmel Valley draws families for its schools and newer stock. Houses are competitive and pricey; the townhome and condo market is the more attainable entry and moves steadily. Come pre-approved either way.
Demand is deep on both sides. Houses are selling near asking in about two-and-a-half weeks, condos close behind. Price to the trend. This is a liquid, well-shopped market.
Supply is running around 1.0 months for houses. As long as listings stay scarce, prices hold firm; a meaningful rise in inventory would be the first sign of easing.
Rates sit higher than they were a couple of years ago, the main headwind on demand. A meaningful drop would likely bring buyers off the sidelines quickly.
Get Pre-Approved →Watch house supply around two months: as long as it stays tight, sellers keep the edge. The condo side is looser, closer to balanced, and slower to sell.
This is a focused market, so a single month's median can spike or dip. Weigh the multi-year trajectory, the bold trend line above, over any one data point.
What is the median home price in Carmel Valley?
The median sale price in Carmel Valley is $2.46M on a trailing three month basis, using closed sales through September 2026. That is the houses figure. Condos and townhomes are reported separately on this page.
How long do homes take to sell in Carmel Valley?
Houses in Carmel Valley are selling in a median of about 14 days.
Is Carmel Valley a buyer's or a seller's market?
Houses in Carmel Valley have about 1.0 months of supply, which reads as a seller market. Under three months favors sellers, three to six is balanced, and above six favors buyers.
How much have home prices risen in Carmel Valley?
The median in Carmel Valley is up about 33% over the past five years, measured as the average of the last twelve monthly medians against the first twelve.
Are homes in Carmel Valley selling for asking price?
Houses in Carmel Valley are closing at about 98.2% of original list price.
What is the median condo price in Carmel Valley?
The median sale price for condos and townhomes in Carmel Valley is $997,000 on the same trailing three month basis, up about 33% over the past five years.
Is the condo market in Carmel Valley different from houses?
Yes. Condos and townhomes in Carmel Valley are selling in a median of about 44 days with about 3.9 months of supply, closing at about 96.1% of original list price. Houses are at about 14 days and 1.0 months. Houses are the tighter of the two segments here.
Carmel Valley vs Scripps Ranch: nobody agrees what these cost
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Inherited a home in Carmel Valley? Here is what to know before you sell, from probate and trust timelines to the tax questions families ask first.
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