$925K  
The Pacific Grove market slowed with a 33.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 14.2 monthly average with 10 homes sold. In comparison, nearby Salinas had 53 sales in the same time frame, the most of all neighboring cities. Months of inventory continued a steady fall, trending downwards for four weeks to reach four months.
Comments:

$1.9M  
The Pacific Grove market pulled back this week but was still better than normal as sales dropped 11.8% to 15 homes sold over the last 30 days. In comparison, nearby Salinas had 56 sales in the same time frame, the most of all neighboring cities. Prices are rising in Pacific Grove, and the median sales price this period increased from $820,000 to $825,000. There are only two months of inventory available in Pacific Grove, so it's a solid seller's market, even with the decrease in sales.
Comments:

$735K  
Pacific Grove has a cost of living adjustment score of 177.6, which is very expensive when compared to others in California. Also, the area is considered affluent with a median income of $59,195 per household. Pacific Grove is made up of homes that are older than most with a median of 54 years. Leading the list of top schools in the city are Robert Down Elementary School and Pacific Grove Middle School.
Comments:

$925K  
Sales ticked up in the Pacific Grove market to 16 homes sold over the last 30 days. But the market is also under a budding downward trend in the number of contracts closing, with this week's number falling to 12. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price climbed to $822,500 over the latest reporting period for Pacific Grove, up from $820,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Pacific Grove is a seller's market.
Comments:

$1.9M  
While home sales in the Pacific Grove market have been above average, in this week's report they fell 16.7% to 15 homes sold over the last 30 days. Within the same time frame, Salinas had 61 sales, the most of all cities in the area. Prices are rising in Pacific Grove, and the median sales price this period increased from $798,500 to $820,000. Despite the slip in sales, a relatively low three months of inventory indicates that Pacific Grove is a seller's market.
Comments:

$925K  
With a recent downward trend of new sellers listing homes, including eight over the last 30 days, and sales that rose to 17 in that same time frame, the Pacific Grove market will be less selective. The median sales price climbed to $797,000 over the latest reporting period for Pacific Grove, up from $793,500. With just three months of inventory available and sales going up, Pacific Grove is a seller's market.
Comments:

$1.9M  
The Pacific Grove market saw 20 homes go under contract and failed to break out of an emerging downward trend. Despite that, total home sales shot up to 14 over the last 30 days. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Prices are rising in Pacific Grove, and the median sales price this period increased from $782,500 to $793,500. With only three months of inventory and rising sales, Pacific Grove is a seller's market.
Comments:

$1.9M  
In this week's report, the number of homes sold in the Pacific Grove market slid to 10 over the past 30 days, a decrease of 16.7% from last week's report. Within the same time frame, Salinas had 46 sales, the most of all cities in the area. Pricing in Pacific Grove remains consistent from last week to this week, with the median sales price at $782,500 again.
Comments:

$575K  
Over the last 30 days, the Pacific Grove market showed gains with 12 homes sold. It marks a 33.3% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. At the same time, close-by Salinas reported 55 home sales, the highest number from all the surrounding cities. The median sales price dropped to $782,500 over the latest reporting period for Pacific Grove, down from $790,000.
Comments:

$575K  
Pacific Grove is a larger than average city in California with 15,041 residents. Also, it has seen a 2.7% decrease in population over the last 10 years. Detached homes account for 93% of the area's current housing market. The best schools in the city are Robert Down Elementary School and Pacific Grove Middle School.
Comments:
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