The story of this market
The typical home in ZIP 93953 sells for about $880,000, or $686 per square foot.
Prices are down 9.79% from a year ago, which gives buyers more room to negotiate. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $2,900 a month.
This ZIP has no home sales of its own, so its market figures come from Monterey County, California (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 93953 — Pebble Beach
The 93953 housing market is a high-end, low-inventory environment characterized by extremely high median prices and a strong buyer's market. Recent data indicates a significant year-over-year price increase, though sales volume remains minimal due to the exclusive nature of the Pebble Beach area.
This ZIP is primarily for high-net-worth individuals, retirees, and luxury second-home buyers seeking exclusivity, privacy, and proximity to world-class golf and coastal amenities.
Median prices moved down 9.8% year over year.
Homes spend a median of 53 days on market with 3.8 months of supply — a fast-moving market.
29% of listings have cut prices · homes sell at 98.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 93953, Monterey County, CA
The area is subject to wildfire and coastal hazard risks typical of the Monterey Peninsula.
Development is highly constrained by the Del Monte Forest's protected status and exclusive residential nature.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Commutes are primarily via private vehicle toward Monterey, Carmel-by-the-Sea, and Pacific Grove.
The area is world-renowned for its golf courses, including Pebble Beach Golf Links, and features extensive coastal trails and scenic drives.
The rental market is extremely limited and high-end, characterized by low inventory and high demand for luxury coastal living.
The local economy is heavily anchored by high-end tourism, hospitality, and the golf industry.
Public transit is minimal; the area is almost entirely dependent on private vehicle transportation.
Development is strictly regulated by the Del Monte Forest Land Use Plan, limiting new construction.
The Monterey County Assessor manages property valuations in accordance with California state law.
Parcels are subject to various local special districts, including those for water management and fire protection.
Property insurance premiums are high due to significant wildfire and coastal hazard exposure.
Data retrieved from Census Bureau ZCTA-level tables.
- Round1 Bowling & Arcade - Salinas4.118.2 mi
- Treasure Hunt: The Ride4.73.2 mi
- Chuck E. Cheese417.4 mi
- WeatherTech Raceway Laguna Seca4.810.4 mi
- The Quail4.66.2 mi
- Monterey County Fairgrounds4.44.4 mi
- Folktale Winery & Vineyards4.57.7 mi
- Earthbound Farm Stand4.56.3 mi
- Monterey Bay Aquarium4.63.2 mi
- Point Lobos State Natural Reserve4.84.6 mi
- Old Fisherman's Wharf4.53 mi
- Pebble Beach Golf Links4.81.1 mi
- WeatherTech Raceway Laguna Seca4.810.4 mi
- Old Fisherman's Wharf4.53 mi
- Carmel Mission Basilica4.63.1 mi
- Point Pinos Lighthouse (1855)4.63.4 mi
- National Steinbeck Center4.717.1 mi
- Cannery Row Antiques Mall4.53.1 mi
- Point Lobos State Natural Reserve4.84.6 mi
- Pebble Beach Golf Links4.81.1 mi
- Calla Lily Valley4.711.3 mi
- Asilomar State Beach4.82.3 mi
- Lovers Point Park4.83.2 mi
- Discovery Whale Watch4.93.1 mi
- Moss Landing Harbor District4.317.3 mi
- Breakwater Cove Marina4.63.1 mi
- Sail Monterey4.93.1 mi
- Municipal Wharf4.73.1 mi
- Pebble Beach Golf Links4.81.1 mi
- The Quail4.66.2 mi
- Poppy Hills Golf Course4.60.2 mi
- Pacific Grove Golf Links4.63.5 mi
- Spyglass Hill Golf Course4.70.9 mi
- Del Monte Shopping Center4.42.3 mi
- Safeway4.25.1 mi
- Safeway4.33.7 mi
- Safeway41.8 mi
- Carmel Plaza4.52.4 mi
- Monterey Regional Airport4.45.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
World-famous championship golf course and resort destination.
Iconic coastal road featuring landmarks like the Lone Cypress.
Key-figure check: median price diverges 18.2% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Coherence hold-out: this pass's median price ($4,433,750) sat outside the 0.25–4× band around Monterey County's retained level and was not stored. Validation: the flagged $4,433,750 failed independent re-validation and was removed (no prior-cycle value to revert to); the case is under review in the Command Center.