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


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Coldwell Banker
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Better Homes & Gardens Real Estate Mason-McDuffie
Snapped 1 home in this area
Avant & Associates
Snapped 2 homes in this area

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