The Heinrich Team

Monterey, CA 93940

Single-Family Homes

Ben & Carole Heinrich Coldwell Banker Carmel



Monterey, CA 93940

Mon Jan 24 2022
This week the median list price for Monterey, CA 93940 is $1,875,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has decreased to 16. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Monterey, CA 93940

Mon Jan 24 2022
This week the median list price for Monterey, CA 93940 is $1,875,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has decreased to 16. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Monterey market.
Median List Price $1,875,000
Median Price of New Listings $1,395,000
Per Square Foot $689
Average Days on Market 102
Median Days on Market 70
Price Decreased 44%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent $3,048
Market Action 54
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general 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
$4,549,500 5,897 0.5 - 1 acre 4 6.5 16 0 1 115
$2,999,500 4,340 0.5 - 1 acre 5 4.5 29 1 2 84
$1,395,000 2,463 0.25 - 0.5 acre 4 3.5 69 2 0 52
$1,108,000 1,557 6,500 - 8,000 sqft 3 3 73 0 1 73