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Q3 2026 Market Report | Carmel Realty Company The Monterey Peninsula recorded 310 closed sales in Q3, a 7% increase over the same period last year. While the average sales price eased slightly to $1.92 million, total sales volume remained essentially unchanged at $594.3 million, reflecting continued stability across the market. Summer brought the busiest stretch of the year, with July posting its strongest sales activity since 2021 and September reaching its highest level since 2022. Homes sold in an average of 65 days, highlighting a market where buyers remain engaged but continue to make thoughtful, selective decisions. |
I have been a Real Estate Broker on the Monterey Peninsula for 20 years and resident for over 29 years. After attending the University of Hawaii I worked in travel industry management with Sheraton Hotels Hawaii developing management skills to best serve the staff and our patrons. My dedication to customer service transcended to real estate producing over $700,000,000 in sales and many happy customers. With proven expertise in using technology & crafted marketing collateral, I develop the pricing strategies and digital marketing delivery to exceed the expectations of my clients. Together with Carmel Realty Company all clients are supported with an advanced marketing team and strong transaction department to better serve and protect my clients.
My wife and I have raised our family on the Monterey Peninsula and know and love the cities that comprise the Monterey Peninsula. Both of our boys have graduated with degrees in engineering and are off the dole...lol. I love the outdoors and am an avid tennis player, golfer, surfer, hiker, and disc golf player. There are many restaurants I like to frequent on the Central Coast and would love to share with you the experiences of living on "the peninsula". I look forward to meeting you in the near future.
John Fitsos is a licensed California Real Estate Broker and Broker Associate with Monterey Coast Realty, working alongside Jim Somerville & Associates. Specializing in luxury real estate throughout the Monterey Peninsula, John represents buyers, sellers, and investors in Carmel-by-the-Sea, Pebble Beach, Pacific Grove, Monterey, Carmel Valley, and surrounding communities.
A Sacramento native, John developed a lifelong appreciation for the Monterey Peninsula during childhood visits with his family. Drawn to its natural beauty, distinctive architecture, and coastal lifestyle, he now proudly calls Pacific Grove home, where he resides with his wife, daughter, and their two dogs.
John earned his undergraduate degree from the University of California, Davis, followed by a master's degree from Monterey College of Law. His legal education, combined with his California real estate broker's license, provides a strong foundation in contract analysis, negotiation, due diligence, and complex real estate transactions.
His expertise includes luxury coastal estates, historic Carmel homes, ocean-view properties, investment opportunities, land acquisitions, and 1031 exchanges. John combines strategic market insight, sophisticated marketing, and skilled negotiation with personalized, concierge-level service tailored to each client's objectives.
Outside of real estate, John enjoys the outdoors, automobiles, architecture, film, tennis, and traveling with his family. Deeply connected to the Monterey Peninsula, he is committed to building lasting relationships and helping clients navigate their real estate decisions with confidence, integrity, and exceptional attention to detail.
For John, real estate is more than a transaction—it's about connecting people with exceptional properties and helping them establish a lasting connection to the Monterey Peninsula.
We appreciated Jim's skill set in marketing our property and giving us valued input throughout the negotiation process. He is a very good listener and understood where our values were while negotiating the best deal for us. Being a professor of engineering I know how important it is to understand the details. Jim has a thorough understanding of the details in selling real estate, he did a fantastic job with the marketing and contractual negotiations; my wife and I both recommend Jim to anyone selling or buying real estate in Pebble Beach.
Jim has been my trusted REALTOR® for over 5 years. We have purchased and sold multiple properties with Jim in Pebble Beach and Carmel". When coming to Pebble Beach for the first time I thought what a beautiful place to be. Jim was very patient in working with us on our first purchase, it took several months to conclude and Jim was there every step of the way. As we became for familiar with the area the transactions became much easier and with Jim "on the ground" on the Monterey Peninsula he was able to give us his valuable opinion so we could make important decisions.
Jim met all of our expectations and was very involved during the process. He answered all our questions and concerns and made sure we were 100% comfortable moving forward during every step of the process. He had a family emergency and was out of town for two weeks, and he maintained daily contact with us and the sellers to ensure that everything went smoothly and we were not left in the dark with unanswered questions. I would definitely recommend Jim and his services and will be using him if we decide to sell.