Claudia Coto

Salinas, CA 93907

Single-Family Homes

claudiacotorealtor@gmail.com | 831-428-6946 | DRE# 02033217 | The Turtlestone Group



Salinas, CA 93907

Fri Sep 30 2022
This week the median list price for Salinas, CA 93907 is $887,500 with the market action index hovering around 53. This is less than last month's market action index of 64. Inventory has increased to 24. Click here to stay informed with the Salinas market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Salinas, CA 93907

Fri Sep 30 2022
This week the median list price for Salinas, CA 93907 is $887,500 with the market action index hovering around 53. This is less than last month's market action index of 64. Inventory has increased to 24. Click here to stay informed with the Salinas market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Salinas market.
Median List Price $887,500
Median Price of New Listings $899,990
Per Square Foot $479
Average Days on Market 43
Median Days on Market 35
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 24
Median Rent
Market Action 53
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,224,500 2,747 2.5 - 5 acres 3 3 42 1 0 31
$912,495 1,917 1 - 2.5 acres 3 2 44 2 0 14
$845,000 1,730 0.5 - 1 acre 3 2 42 1 2 35
$679,900 1,241 6,500 - 8,000 sqft 3 2 40 1 1 42