The Heinrich Team

Monterey, CA 93940

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Monterey, CA 93940

Sat Dec 03 2022
This week the median list price for Monterey, CA 93940 is $2,650,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has held steady at or around 21. 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.

Slight Seller's Advantage

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Monterey, CA 93940

Sat Dec 03 2022
This week the median list price for Monterey, CA 93940 is $2,650,000 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has held steady at or around 21. 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.

Slight Seller's Advantage

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Monterey market.
Median List Price $2,650,000
Median Price of New Listings $2,249,000
Per Square Foot $780
Average Days on Market 146
Median Days on Market 91
Price Decreased 33%
Price Increased 0%
Relisted 5%
Inventory 21
Median Rent
Market Action 41
Slight Seller's Advantage

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$4,950,000 4,836 1 - 2.5 acres 5 5 31 0 0 175
$2,750,000 4,648 0.5 - 1 acre 4 3 30 0 0 161
$2,179,000 3,356 0.25 - 0.5 acre 4 3 29 1 0 196
$1,119,500 1,264 4,500 - 6,500 sqft 2 1.5 89 0 0 17