The Heinrich Team

Monterey, CA 93940

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel


Monterey, CA 93940

Tue May 26 2020
This week the median list price for Monterey, CA 93940 is $1,474,500 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 36. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Monterey, CA 93940

Tue May 26 2020
This week the median list price for Monterey, CA 93940 is $1,474,500 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 36. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Monterey market.
Median List Price $1,474,500
Per Square Foot $537
Days on Market 120
Price Decreased 22%
Price Increased 0%
Relisted 3%
Inventory 36
Median Rent $2,598
Most Expensive $3,998,000
Least Expensive $550,000
Market Action 34
Slight Seller's Advantage

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
$3,218,000 5,176 1 - 2.5 acres 4 5 14 0 0 125
$1,695,000 3,530 0.5 - 1 acre 4 4 20 0 0 200
$1,295,000 2,505 0.25 - 0.5 acre 4 3 36 2 2 79
$815,500 1,510 4,500 - 6,500 sqft 3 2 67 1 1 73