$679K  
While home sales in the Monterey market have been above average, in this week's report they dropped 5.4% to 35 homes sold over the last 30 days. In comparison, nearby Salinas had 59 sales in the same time frame, the most of all neighboring cities. The median sales price in Monterey stayed put this week at $685,000. In spite of the decrease in sales, a low two months of inventory signals that Monterey is a definite seller's market.
Comments:

$2M  
Over the last 30 days, the Monterey market made solid gains with 37 homes sold, a 27.6% increase from last week's report. Within the same time frame, Salinas had 56 sales, the most of all cities in the area. A months of inventory number of two reported this week continued a four-week downward trend. With such a small volume of inventory available and sales going up, Monterey is a definite seller's market.
Comments:

$399K  
The Monterey market pulled back this week but was still better than normal as sales fell 6.7% to 28 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. Prices fell lower as this week's reported median sales price of $697,500 continued a four-week downward trend. With only three months of inventory to sell, Monterey is still a seller's market, even after taking into consideration the falling prices.
Comments:

$429K  
With a determined downward trend of new sellers listing homes, including 28 over the last 30 days, and sales that fell to 30 in that same time frame, the Monterey market will be slowing down. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Potential buyers should note that prices went up in Monterey, with the median for this period rising from $650,000 to $675,000. Despite the slip in sales, a relatively low two months of inventory indicates that Monterey is a strong seller's market.
Comments:

Monterey is older than the rest of California, with a median age of 37. It's affluent as well, with a median income of $57,550 per household. 93940, 93944, and 93943 are the three largest zip codes in terms of population. The Monterey market is primarily made up of detached homes, currently accounting for 72% overall. Heading the list of top schools in the city is La Mesa Elementary School.
Comments:

$719K  
The number of home sales in the Monterey market climbed 6.9% to 31 homes over the last 30 days. To put it in perspective, close-by Salinas registered 59 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $650,000 over the latest reporting period for Monterey, down from $675,000. With only two months of inventory and rising sales, Monterey is a definite seller's market.
Comments:

$1.8M  
The number of sellers who put their homes up for sale in the Monterey market over the last 30 days remained flat this week at 32. Home sales also remained unchanged from the prior period and once again 28 homes were sold. The median sales price rose to $687,500, up from last week's $650,000. In spite of flat sales, a low three months of inventory signals that Monterey is a seller's market.
Comments:

$4.9M  
The Monterey market will be less intense in the coming weeks. Sales rose this week to 27 homes sold over the last 30 days, and there is a new downward trend in the number of new listings, with 32 going live in the same time frame. The median sales price dropped to $650,000 over the latest reporting period for Monterey, down from $706,250. With just three months of inventory available and sales going up, Monterey is a seller's market.
Comments:

$739K  
The number of home sales in the Monterey market climbed 16.7% to 21 homes over the last 30 days, exceeding the 20.7 monthly average for the last 12 months. Within the same time frame, Salinas had 53 sales, the most of all cities in the area. The median sales price dropped to $700,000, potentially helping to offset the four months of inventory left to be sold.
Comments:

$1.8M  
In this week's report, the number of homes sold in the Monterey market dropped to 18 over the past 30 days. It marked a decrease of 28.0% from last week's report and a fall below the monthly average. In comparison, nearby Salinas had 56 sales in the same time frame, the most of all neighboring cities. The median sales price in Monterey climbed to $787,500 while months of inventory spiked to four.
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