Pebble Beach Median Price and Sales (May 2007)

Pebble Beach is a good example of a market where one or two sales can dramatically skew averages. Properties in Pebble range from the $1,000,000 level to the tens of millions. The sale of one Estate property in a given month swings the numbers dramatically.

As with elsewhere on the Peninsula, the lower end properties are being negatively impacted while the upper end remains somewhat insulated.