Keller Williams Coastal Estates' Market Report

Monterey, CA

Single-Family Homes

www.kwcoastalestates.com | frontdesk505@kw.com | 831.622.6200



Monterey, CA

Mon Sep 28 2020
This week the median list price for Monterey, CA is $1,522,500 with the market action index hovering around 57. This is an increase over last month's market action index of 54. Inventory has held steady at or around 28. Click here to stay informed with the Monterey market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Monterey, CA

Mon Sep 28 2020
This week the median list price for Monterey, CA is $1,522,500 with the market action index hovering around 57. This is an increase over last month's market action index of 54. Inventory has held steady at or around 28. Click here to stay informed with the Monterey market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Monterey market.
Median List Price $1,522,500
Per Square Foot $643
Days on Market 58
Price Decreased 11%
Price Increased 7%
Relisted 0%
Inventory 28
Median Rent
Most Expensive $4,995,000
Least Expensive $669,000
Market Action 57
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,998,000 4,737 1 - 2.5 acres 5 6 17 0 0 84
$1,800,000 3,484 0.25 - 0.5 acre 4 4 48 0 1 106
$1,049,000 2,236 0.25 - 0.5 acre 3 3 53 2 1 25
$798,000 1,081 4,500 - 6,500 sqft 2 1 88 3 3 15