$235K  
In this week's report, the number of homes sold in the Salinas market fell to 46 over the past 30 days, a decrease of 17.9% from last week's report. On the other hand, close-by Monterey registered 20 homes sold in the same time frame, the most of all surrounding cities. Prices are falling in Salinas, and this period the median price of all sales fell from $418,000 to $393,500. There are only three months of inventory available in Salinas, so it's a seller's market, even with the decrease in sales.
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$529K  
Home sales in the Salinas market dipped below its average sales volume for the prior 12-month period. In this week's report, they slid 15.4% to 55 homes sold over the last 30 days. In comparison, nearby Monterey had 19 sales in the same time frame, the most of all neighboring cities. A months of inventory number of two reported this week continued a four-week downward trend. Despite the slip in sales from last week to this week, the low inventory indicates that Salinas is still a definite seller's market.
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$259K  
Salinas is a city in California. It's somewhat affluent and the cost of living is average compared to the rest of the state, with a median income of $51,981 per household and cost of living adjustment score of 120.0. Its three largest zip codes are 93905, 93906, and 93901. Homes in Salinas are relatively old with a median age of 34 years. The top school in the city is John E. Steinbeck Elementary School.
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$259K  
A dip in the number of pending transactions in the Salinas market over the last 30 days resulted in the lowest amount since February. While 76 homes went under contract, there were 61 completed sales. During the same time frame, Monterey had the most of any other neighboring municipalities with 27 contracts executed. The median sales price climbed to $421,000, up from last week's $397,000. There are only two months of inventory available in Salinas, so it's still definite seller's market, even with the shrinking contracts numbers.
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$389K  
The Salinas market warmed up in this week's report, as the number of home sales climbed 7.0%, pushing the total to 76 homes sold over the last 30 days. To put it in perspective, close-by Prunedale registered 15 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose to $397,000 over the latest reporting period for Salinas, up from $389,000. With just two months of inventory available and sales going up, Salinas is a solid seller's market.
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$484K  
The Salinas market pulled back this week but was still better than normal as sales slid 16.0% to 68 homes sold over the last 30 days. Within the same time frame, Seaside had 15 sales, the most of all cities in the area. The median sales price dropped to $388,950 over the latest reporting period for Salinas, down from $398,000. In spite of the decrease in sales, a low two months of inventory signals that Salinas is a definite seller's market.
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$369K  
Over the last 30 days, the Salinas market was busy with 76 homes sold, an 8.6% increase from last week's report. Within the same time frame, Monterey had 25 sales, the most of all cities in the area. The median sales price of all transactions in Salinas did not budge this week, remaining at $396,500. With only two months of inventory and rising sales, Salinas is a definite seller's market.
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$779K  
The number of home sales in the Salinas market climbed 24.1% to 67 homes over the last 30 days, exceeding the 61.1 monthly average for the last 12 months. In comparison, nearby Monterey had 25 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Salinas, and for this period the median sales price slid from $407,500 to $398,000. With just two months of inventory available and sales going up, Salinas is a definite seller's market.
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$435K  
Salinas is a larger than average city in California with a population of 150,441 residents, and it has a much higher than average density compared to the rest of the state, with 6,490.5 people per square mile. Its three largest zip codes are 93905, 93906, and 93901. Salinas is an area where most people lease the homes they live in, with a renting ratio of 52.0%. The top school in the city is John E. Steinbeck Elementary School.
Comments:

$749K  
Over the last 30 days, 91 homes went under contract in the Salinas market, the lowest amount since July. As the market appears to be weakening, there were 52 homes sold over the same period. In comparison, Monterey led all other nearby municipalities with 19 contracts executed. Potential buyers should note that prices are coming down in Salinas, and for this period the median sales price slid from $430,000 to $417,500. In spite of contracts trending lower, there are only three months of inventory available, which signals that Salinas is a still seller's market.
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