Padraic's Real Estate Market Update

Monterey County, CA

Single-Family Homes

Padraic Collins | Padraic.Collins@stewart.com | Cell: 831.431.3884


Monterey County, CA

Mon Jun 08 2026
This week the median list price for Monterey County, CA is $1,390,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has increased to 450. Click here to stay informed with the Monterey County market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Monterey County, CA

Mon Jun 08 2026
This week the median list price for Monterey County, CA is $1,390,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has increased to 450. Click here to stay informed with the Monterey County market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Monterey County market.
Median List Price $1,390,000
Median Price of New Listings $1,091,895
Per Square Foot $690
Average Days on Market 106
Median Days on Market 56
Price Decreased 32%
Price Increased 1%
Relisted 5%
Inventory 450
Median Rent
Market Action 40
Slight Seller's Advantage

This week prices bumped up a bit but the trend of the last few weeks is generally downward. The Market Action Index is a good leading indicator for the durability of this shift.

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
$4,395,000 3,457 0.5 - 1 acre 4 4 37 3 10 105
$1,825,000 2,363 0.25 - 0.5 acre 4 3 56 11 8 66
$1,125,000 1,970 6,500 - 8,000 sqft 3 2 41 11 11 42
$715,000 1,328 4,500 - 6,500 sqft 3 2 54 11 21 35