New Weakness in Price Cuts for 93940 Zip Code Real Estate Market

Over the past 30 days, there have been fewer price cuts in the 93940 zip code market, continuing a six-week declining trend to land at eight. Home sales were also down to 19 over the same period. Potential buyers should note that prices went up in the 93940 zip code, with the median for this period rising from $656,575 to $682,000. There are only three months of inventory available in the 93940 zip code, so it's a seller's market, even with the decrease in sales.

Trying to find a home in the 93940 zip code that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$1.2M   $3.6M   $2M  

Get started right now by checking out 93940 homes for sale or reviewing 93940 real estate trends.

Demographic facts about the 93940 zip code:

  • The population density is 828.2 people per square mile.
  • This area has a cost of living index score of 152.2. (100 = national average)
  • The average commute to work for people in this area is 18 minutes.

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Monterey Coast Realty
Snapped 1 home in this area
Allison James Estates & Homes
Snapped 2 homes in this area
Intero Real Estate Services
Snapped 1 home in this area

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