$489K  
Over the last 30 days, the sale of five homes took place in the Del Rey Oaks market. This shows a 16.7% dip from the prior period but the area remains on a pronounced upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should note that prices went up in Del Rey Oaks, with the median for this period rising from $514,250 to $521,500.
Comments:

$489K  
Sales in the Del Rey Oaks market rose to six homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with zero price reductions in the same time frame. The median sales price dropped to $514,250, down from last week's $521,500.
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$489K  
More sellers put their homes up for sale in the Del Rey Oaks market over the last 30 days and the number of new listings rose this week to one. Home sales remained unchanged from the prior period and once again five homes were sold. The median sales price rose to $521,500, up from last week's $500,000.
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Over the last 30 days, a budding upward sales trend continued in the Del Rey Oaks market, extended as sales rose to five this week. The median sales price climbed to $500,000 over the latest reporting period for Del Rey Oaks, up from $467,500.
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Del Rey Oaks has a cost of living adjustment score of 143.8, which is expensive when compared to others in California. Also, the area is considered affluent with a median income of $69,683 per household. Del Rey Oaks is made up of homes that are considered older than most with a median of 51 years.
Comments:

Over the last 30 days, the Del Rey Oaks market warmed up with four homes sold, a 33.3% increase from last week's report. To put it in perspective, close-by Salinas registered 68 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Del Rey Oaks, and for this period the median sales price slid from $500,000 to $467,500.
Comments:

$827K  
The Del Rey Oaks market was steady this week as sales remained at three homes over the prior 30 days, but the area is experiencing a confirmed upward trend of contracts closing, now up to seven. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. While contracts numbers rose, prices climbed as well. This week's reported median sales price of $500,000 continued a four-week upswing.
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$827K  
Over the last 30 days, a solid upward sales trend continued in the Del Rey Oaks market, even as sales remained flat at three this week. Prices are falling in Del Rey Oaks, and this period the median price of all sales fell from $590,000 to $500,000. There is only one month of inventory available in Del Rey Oaks, so it's a strong seller's market, even if sales are flat.
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$749K  
The Del Rey Oaks market showed gains in this week's report, as the number of home sales rose 50.0%, pushing the total to three homes sold over the last 30 days. In comparison, nearby Salinas had 52 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $590,000, down from last week's $610,000. With only one month of inventory and rising sales, Del Rey Oaks is a strong seller's market.
Comments:

$749K  
Over the last 30 days, a recent upward trend of new sellers coming into the Del Rey Oaks market continued, with four listings in this week's report. Meanwhile, sales remained flat, with two homes selling during the same period. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price in Del Rey Oaks stayed put this week at $610,000. Despite the flat sales, a relatively low two months of inventory remaining indicates that Del Rey Oaks is a definite seller's market.
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Monterey Coast Realty
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Coldwell Banker
Snapped 2 homes in this area
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