$44.9M  
This week saw a record in sales growth for the Del Monte Forest market. It resulted in 11 homes selling over 30 days, which is a 37.5% jump from last week's number and also the highest amount since November. In comparison, Salinas had 60 sales in the same time frame, the most of all nearby municipalities. Prices are falling in Del Monte Forest, and this period the median price of all sales fell from $1,737,500 to $1,665,000. Even with the rising sales, with seven months of inventory available, Del Monte Forest is a still strong buyer's market.
Comments:

$1.2M  
More sellers put their homes up for sale in the Del Monte Forest market over the last 30 days and the number of new listings climbed this week to 21. Home sales remained unchanged from the prior period and once again eight homes were sold. The median sales price dropped to $1,737,500 over the latest reporting period for Del Monte Forest, down from $1,861,000. Del Monte Forest is a definite buyer's market, thanks to a big 10 months of inventory to choose from and the flat sales.
Comments:

Del Monte Forest is an average-sized city in California that has seen a 2.2% decrease in population over the last 10 years. It also has a total population of 4,514. 93950, 93953, and 93944 are the three largest zip codes in terms of population. With a median age of 42 years, homes in Del Monte Forest tend to be older than most.
Comments:

$14.9M  
The Del Monte Forest market is becoming less expensive. While sales came in at eight homes sold over the last 30 days, price reductions are the highest they've been since November, with 16 reported over the same period. In comparison, Salinas had 31 price reductions in the same time frame, the most of all nearby municipalities. Prices are rising in Del Monte Forest, and the median sales price this period increased from $1,665,000 to $1,861,000. Del Monte Forest is a strong buyer's market, thanks to the rise in price reductions and the availability of 10 months of remaining inventory.
Comments:

$14.9M  
This week in the Del Monte Forest market, sales fell to four homes sold over the last 30 days, even as it endures a solid upward trend in price reductions, with 11 reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Prices are rising in Del Monte Forest, and the median sales price this period increased from $1,450,000 to $1,623,500. Del Monte Forest is a strong buyer's market, thanks to a big 20 months of inventory to choose from and a pullback in sales.
Comments:

$8M  
The Del Monte Forest market remained cool with five homes sold in the last 30 days, a 37.5% sales drop. In comparison, nearby Salinas had 64 sales in the same time frame, the most of all neighboring cities. The median sales price climbed to $1,335,000, up from last week's $1,181,500. Del Monte Forest is a strong buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
Comments:

$14.9M  
Sales inched up to eight homes sold over the last 30 days in the Del Monte Forest market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to 14 for the same period. 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 Del Monte Forest, with the median for this period rising from $1,156,500 to $1,181,500. Despite the uptick in sales, there are still 10 months of inventory left to work through, meaning Del Monte Forest is still a definite buyer's market.
Comments:

$1.1M  
Del Monte Forest has a much younger population than other areas in California with a median age of 57 years. It is also very affluent with a median income of $115,291 per household. 93950, 93953, and 93944 are the three largest zip codes in terms of population. The Del Monte Forest market almost exclusively consists of detached houses, accounting for 99% of the current homes in the area.
Comments:

$14.9M  
Sales in the Del Monte Forest market fell to six homes sold over the last 30 days, while the number of sellers reducing their list prices reached 13, which continues a new upward trend in price reductions. The median sales price dropped to $1,306,500 over the latest reporting period for Del Monte Forest, down from $1,450,000. Del Monte Forest is a strong buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
Comments:

$5M  
The number of sellers who put their homes up for sale in the Del Monte Forest market over the last 30 days remained flat this week at eight. Home sales also remained unchanged from the prior period and once again seven homes were sold. The median sales price dropped to $1,163,000 over the latest reporting period for Del Monte Forest, down from $1,335,000. Del Monte Forest is a definite buyer's market, thanks to a big 11 months of inventory to choose from and the flat sales.
Comments:
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