$325K  
The Monterey market remained slow this week as sales dropped 14.3% to land at 12 homes sold over the last 30 days. On the other hand, close-by Salinas registered 52 homes sold in the same time frame, the most of all surrounding cities. The amount of available homes increased to four months worth, a three-month high.
Comments:

$4.2M  
Home sales in the Monterey market stayed soft in this week's report as they slid 12.5% to 14 homes sold over the last 30 days. On the other hand, close-by Salinas registered 48 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $695,000, down from last week's $702,500. With only three months of inventory to sell, Monterey is a seller's market, in spite of the dip in sales.
Comments:

$4.2M  
The Monterey market closed in on its 12-month sales average this week with 16 homes sold over the last 30 days. At the same time, close-by Salinas reported 44 home sales, the highest number from all the surrounding cities. The median sales price dropped to $702,500, down from last week's $750,000. The rising sales and a low two months of inventory point to Monterey being a solid seller's market.
Comments:

$4.2M  
The Monterey market slowed with a 21.1% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 19.9 monthly average with 15 homes sold. Meanwhile, close-by Salinas reported 43 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Monterey, with the median for this period rising from $690,000 to $750,000. Despite the slip in sales, a relatively low three months of inventory indicates that Monterey is a seller's market.
Comments:

$565K  
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. 93940, 93944, and 93943 are its three most populated zip codes. It should be noted that at 57.6%, most homes are being rented in Monterey. Heading the list of top schools in the city is La Mesa Elementary School.
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$265K  
This week in the Monterey market, sales rose to 18 homes sold over the last 30 days, even with a budding downward trend in price reductions, with six in the same time frame. While price reduction numbers fell, sale prices dropped as well. This week's reported median sales price of $656,000 continued a four-week downward trend. With such a small volume of inventory available and sales going up, Monterey is a strong seller's market.
Comments:

$1.1M  
The Monterey market stayed soft with 14 homes sold in the last 30 days, a 17.6% sales drop. In comparison, nearby Salinas had 53 sales in the same time frame, the most of all neighboring cities. Prices are rising in Monterey, and the median sales price this period increased from $595,000 to $642,500. In spite of the decrease in sales, a low three months of inventory signals that Monterey is a seller's market.
Comments:

$595K  
The Monterey market slowed with a 15.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 19.7 monthly average with 17 homes sold. Within the same time frame, Salinas had 56 sales, the most of all cities in the area. Potential buyers should note that prices went up in Monterey, with the median for this period rising from $580,000 to $595,000. In spite of the decrease in sales, a low two months of inventory signals that Monterey is a definite seller's market.
Comments:

$895K  
Over the last 30 days, a budding downward trend of new sellers coming into the Monterey market continued, with 14 listings in this week's report. Meanwhile, sales rose, with 20 homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Prices are falling in Monterey, and this period the median price of all sales fell from $587,500 to $580,000. The rising sales and a low two months of inventory point to Monterey being a strong seller's market.
Comments:

$549K  
Home sales in the Monterey market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 21.7% to 18 homes sold over the last 30 days. In comparison, nearby Salinas had 61 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices are coming down in Monterey, and for this period the median sales price slid from $640,000 to $587,500. Despite the slip in sales, a relatively low three months of inventory indicates that Monterey is a seller's market.
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