$219K  
A three-week rough patch for the overall sales trend continues in the Monterey market. On a positive note, the number of sales actually rose 5.3% over the last 30 days to hit 20. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. Pricing in Monterey remains consistent from last week to this week, with the median sales price at $775,000 again. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Monterey is a seller's market.
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$575K  
The number of home sales in the Monterey market rose 26.7% to 19 homes over the last 30 days, coming close to the 20.2 monthly average for the last 12 months. In comparison, nearby Salinas had 55 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $775,000 over the latest reporting period for Monterey, up from $685,000. The rising sales and a low three months of inventory point to Monterey being a seller's market.
Comments:

$575K  
Monterey is a larger than average city in California with a population of 27,810 residents. Also, it has a higher than average density with 3,284.9 people per square mile. Its three largest zip codes are 93940, 93944, and 93943. With a ratio of 57.6%, most homes in Monterey are being rented. The best school in the city is La Mesa Elementary School.
Comments:

$925K  
Home sales in the Monterey market remained sluggish in this week's report as they fell 6.7% to 14 homes sold over the last 30 days. On the other hand, close-by Salinas registered 61 homes sold in the same time frame, the most of all surrounding cities. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $730,000 this week.
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$598K  
The Monterey market picked up in this week's report, as the number of sales went up to 15 homes sold over the last 30 days. At the same time, close-by Salinas reported 76 home sales, the highest number from all the surrounding cities. The median sales price in Monterey climbed to $685,000 while months of inventory was flat at four.
Comments:

$925K  
The Monterey market slowed with a 44.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 20.8 monthly average with 14 homes sold. Meanwhile, close-by Salinas reported 68 homes sales, the highest number from all the surrounding cities. Potential buyers should note that there are now four months of inventory available in Monterey and prices have come down. The median sales price dropped to $640,000.
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$2.2M  
More sellers put their homes up for sale in the Monterey market over the last 30 days and the number of new listings rose this week to 31. Home sales remained unchanged from the prior period and once again 25 homes were sold. The median sales price remained unchanged over the latest reporting period for Monterey, coming in at $650,000. With only three months of inventory to sell, Monterey is a seller's market, in spite of the flat sales.
Comments:

$925K  
Over the last 30 days, the Monterey market had a decrease in home sales with 25. Furthermore, the amount of pending transactions continued to decline, with a total of 21 contracts during the same period. The median sales price dropped to $650,000 over the latest reporting period for Monterey, down from $655,000. In spite of contracts trending lower, there are only three months of inventory available, which signals that Monterey is a still seller's market.
Comments:

$4.2M  
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.
Comments:

$399K  
Monterey is a small city in California with a median income of $57,550 per household. Besides being affluent, its population is older than others with a median age of 37 years. 93940, 93944, and 93943 are its three most populated zip codes. Detached homes account for 72% of the area's current housing market. Topping the list of best schools in the city is La Mesa Elementary School.
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