$155K  
The Salinas market closed in on its 12-month sales average this week with 59 homes sold over the last 30 days. Within the same time frame, Monterey had 35 sales, the most of all cities in the area. Prices took a turn lower, with the median sales price falling to a three-month low at $421,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Salinas is a solid seller's market.
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$695K  
The Salinas market was active in this week's report, as the number of sales went up to 56 homes sold over the last 30 days. Within the same time frame, Monterey had 37 sales, the most of all cities in the area. The median sales price dropped to $423,000 over the latest reporting period for Salinas, down from $428,000. The rising sales and a low three months of inventory point to Salinas being a seller's market.
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$559K  
The Salinas market pulled back with a 13.3% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 62.7 monthly average with 52 homes sold. Within the same time frame, Monterey had 28 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Salinas, and for this period the median sales price slid from $439,950 to $426,500. With only three months of inventory to sell, Salinas is a seller's market, in spite of the dip in sales.
Comments:

$559K  
The Salinas market remained below its 12-month average sales volume this week as sales fell to 59 homes sold over the last 30 days. Meanwhile, close-by Monterey reported 30 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Salinas, and for this period the median sales price slid from $449,500 to $440,000. In spite of the decrease in sales, a low two months of inventory signals that Salinas is a definite seller's market.
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Salinas is a larger than average city in California with a population of 150,441 residents, and it has a much higher than average density compared to the rest of the state, with 6,490.5 people per square mile. 93905, 93906, and 93901 are the three largest zip codes in terms of population. With a ratio of 52.0%, most homes in Salinas are being rented. The best school in the city is John E. Steinbeck Elementary School.
Comments:

$695K  
The Salinas market pulled back with a 13.2% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 63.1 monthly average with 59 homes sold. In comparison, nearby Monterey had 31 sales in the same time frame, the most of all neighboring cities. Prices are rising in Salinas, and the median sales price this period increased from $445,000 to $449,000. There are only two months of inventory available in Salinas, so it's a definite seller's market, even with the decrease in sales.
Comments:

$475K  
The number of price cuts in the Salinas market climbed to 51 over the last 30 days, furthering a pronounced positive trend. Perhaps due to the decreases in list prices, sales increased to 65 homes sold. The median sales price remained unchanged over the latest reporting period for Salinas, coming in at $445,000. The rising sales and a low two months of inventory point to Salinas being a solid seller's market.
Comments:

$599K  
With a confirmed downward trend of new sellers listing homes, including 75 over the last 30 days, and sales that rose to 63 in that same time frame, the Salinas market will be getting less crowded. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price rose to $445,000 over the latest reporting period for Salinas, up from $440,000. The rising sales and a low two months of inventory point to Salinas being a solid seller's market.
Comments:

$449K  
In this week's report, the number of homes sold in the Salinas market fell to 53 over the past 30 days. It marked a decrease of 10.2% from last week's report and another period below the monthly average. On the other hand, close-by Seaside registered 23 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in Salinas, with the median for this period rising from $426,000 to $440,000. There are only two months of inventory available in Salinas, so it's a definite seller's market, even with the decrease in sales.
Comments:

$475K  
This week in the Salinas market, sales rose to 56 homes sold over the last 30 days, which might be due in part to a solid upward trend in price reductions, with 34 being reported in the same time frame. The median sales price dropped to $426,000, down from last week's $430,000. With just two months of inventory available and sales going up, Salinas is a definite seller's market.
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