Wed Oct 21 2020
This week the median list price for Monterey, CA 93940 is $1,550,000 with the market action index hovering around 58. This is an increase over last month's market action index of 57. Inventory has held steady at or around 27.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,550,000|
|Per Square Foot||$641|
|Days on Market||67|
|Strong Seller's Market|
Each segment below represents approximately 25% of the market ordered by price.