Sales fell to 39 homes sold in the Monterey Park market over the last 30 days. Furthermore, a determined downturn in the number of pending transactions continued, with 21 completed in the same period. As contracts trended lower, prices have also been falling. The median sales price dropped to $598,000, extending a four-week long spiral. Despite the falling contracts numbers and prices, there are only two months of inventory remaining, indicating that Monterey Park is still a strong seller's market.
Looking for an inexpensive home to live in? Then make sure you see these wonderful listings available in Monterey Park: