Monterey Real Estate Market Continues Upward Trend in Home Sales

The Monterey market has established a confirmed upward trend, reiterated this week as sales rose 7.4% to 29 homes over the last 30 days. As sales trended higher, the median sales price climbed with it, trending upwards for four weeks to reach $655,000. The higher trending sales numbers and rising prices, along with the fact that there are a lower-than-normal two months of inventory in the market, drive home the fact that Monterey is a solid seller's market.

If there is no limit to how much you want to spend, take a look at these lavish homes in Monterey:

$4.2M   $2.4M   $2.2M  

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

Demographic facts for Monterey:

  • The affordability rating is 25. (Scale: 1 = Worst, 100 = Best)
  • The area gets 19.6 inches of rain a year. (U.S. average: 36.5)
  • The area's income per capita is $32,788.
  • The school rating is 80. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Coldwell Banker
2 reviews
Beach Cities Real Estate
Snapped 1 home in this area
Avant & Associates
Snapped 2 homes in this area

Agents that specialize in this area
6 snaps in this area
1 snap in this area
4 snaps in this area
25 snaps in this area
2 snaps in this area
2 snaps in this area
2 snaps in this area
3 snaps in this area
1 snap in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.