$4.9M  
Over the last 30 days, the Monterey market showed gains with 26 homes sold. It marks a 30.0% increase from last week's report, while also topping the average sales volume for the prior 12 months. In comparison, nearby Salinas had 60 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 $692,500 to $731,000. With only two months of inventory and rising sales, Monterey is a solid seller's market.
Comments:

$1.3M  
In this week's report, the number of homes sold in the Monterey market fell to 19 over the past 30 days. It marked a decrease of 5.0% from last week's report and another period below the monthly average. On the other hand, close-by Salinas registered 55 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose to $710,000 over the latest reporting period for Monterey, up from $644,950. In spite of the decrease in sales, a low three months of inventory signals that Monterey is a seller's market.
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Monterey has an older population than other areas in California with a median age of 37 years. It is also affluent with a median income of $57,550 per household. 93940, 93944, and 93943 are its three most populated zip codes. The Monterey market primarily consists of detached houses, accounting for 80% of the current homes in the area. Heading the list of top schools in the city is La Mesa Elementary School.
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$4.9M  
The Monterey market recorded 19 home sales over the last 30 days. Also, a record number 37 new listings were posted, the highest since August. In comparison, Salinas had 90 new listings in the same time frame, the most of all nearby municipalities. While new seller numbers were strong, the median sales price of homes sold came in at $674,900, which extended a price upswing to four weeks. In spite of the decrease in sales, a low three months of inventory signals that Monterey is a seller's market.
Comments:

$3.1M  
The Monterey market saw sales drop 12.0% this week but it is currently in the midst of a solid upward sales trend, including 22 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. As sales trended higher, months of inventory continued to fall, trending downwards for four weeks to reach two months. In spite of the decrease in sales, the lack of inventory signals that Monterey is still a solid seller's market.
Comments:

$739K  
The Monterey market showed gains this week as sales rose 4.5% to hit 23 homes sold over the last 30 days. To put it in perspective, close-by Salinas registered 64 homes sold in the same time frame, the most of all surrounding cities. Prices are rising in Monterey, and the median sales price this period increased from $715,000 to $750,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Monterey is a strong seller's market.
Comments:

$289K  
The number of home sales in the Monterey market climbed 4.8% to 22 homes over the last 30 days. At the same time, close-by Salinas reported 59 home sales, the highest number from all the surrounding cities. The median sales price climbed to $715,000 over the latest reporting period for Monterey, up from $670,000. The rising sales and a low two months of inventory point to Monterey being a definite seller's market.
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$549K  
Monterey is a larger than average city in California with a population of 27,810 residents, and it has a higher than average density compared to the rest of the state, with 3,284.9 people per square mile. Its three largest zip codes are 93940, 93944, and 93943. It should be noted that at 57.6%, most homes are being rented in Monterey. The best school in the city is La Mesa Elementary School.
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$3.1M  
Despite an 8.7% reduction in sales over the last 30 days, the Monterey market extended a three-week hot streak with a total of 21 homes sold in that span. Potential buyers should note that prices went up in Monterey, with the median for this period rising from $590,000 to $670,000. With only two months of inventory to sell, Monterey is a solid seller's market, in spite of the dip in sales.
Comments:

$2.2M  
The number of home sales in the Monterey market rose 21.1% to 23 homes over the last 30 days, exceeding the 19.7 monthly average for the last 12 months. In comparison, nearby Salinas had 45 sales in the same time frame, the most of all neighboring cities. The median sales price climbed to $590,000 over the latest reporting period for Monterey, up from $580,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Monterey is a solid seller's market.
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