93940 Zip Code Real Estate Market Sees Sales Up

The 93940 zip code market showed positive signs in this week's report, as the number of home sales climbed 9.1%, pushing the total to 36 homes sold over the last 30 days. To put it in perspective, the close-by 93923 zip code registered 38 homes sold in the same period, the most of all surrounding zip codes. A months of inventory number of three reported this week continued a four-week downward trend. With inventory so low and sales rising, the 93940 zip code is a seller's market.

Early bird gets the worm, so be sure to take a look at these new listings in the 93940 zip code:

$649K   $1.4M   $389K  

Get started right now by checking out 93940 homes for sale or reviewing 93940 real estate trends.

Demographic facts about the 93940 zip code:

  • The median value of all homes in the area is $397,500.
  • The area gets 72 rainy days a year. (U.S. average: 100)
  • The unemployment rate is 5.0%.
  • The students per teacher ratio in this area is 20.9:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:

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Monterey Coast Realty
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Von Hoffmann Enterprises
Snapped 2 homes in this area
Coldwell Banker
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