Keller Williams Coastal Estates' Market Report

Salinas, CA

Single-Family Homes

www.kwcoastalestates.com | frontdesk505@kw.com | 831.622.6200



Salinas, CA

Sun May 29 2022
This week the median list price for Salinas, CA is $780,000 with the market action index hovering around 79. This is less than last month's market action index of 83. Inventory has increased to 85. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Sun May 29 2022
This week the median list price for Salinas, CA is $780,000 with the market action index hovering around 79. This is less than last month's market action index of 83. Inventory has increased to 85. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $780,000
Median Price of New Listings $772,500
Per Square Foot $461
Average Days on Market 30
Median Days on Market 14
Price Decreased 20%
Price Increased 0%
Relisted 4%
Inventory 85
Median Rent
Market Action 79
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,299,999 3,052 1 - 2.5 acres 4 3 45 6 3 21
$840,870 1,920 6,500 - 8,000 sqft 4 3 32 9 6 7
$749,000 1,679 4,500 - 6,500 sqft 3 2 30 8 8 7
$625,499 1,113 4,500 - 6,500 sqft 3 2 58 7 7 14