Intero Market Report

Monterey, CA

Single-Family Homes

Intero Real Estate| 408.342.3000 | www.intero.com



Monterey, CA

Fri Apr 23 2021
This week the median list price for Monterey, CA is $2,147,500 with the market action index hovering around 57. This is an increase over last month's market action index of 53. Inventory has held steady at or around 24. 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. Current supply and demand levels show no sign of prices changing from their current trend.

Monterey, CA

Fri Apr 23 2021
This week the median list price for Monterey, CA is $2,147,500 with the market action index hovering around 57. This is an increase over last month's market action index of 53. Inventory has held steady at or around 24. 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. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Monterey market.
Median List Price $2,147,500
Per Square Foot $670
Days on Market 21
Price Decreased 13%
Price Increased 4%
Relisted 0%
Inventory 24
Median Rent $3,050
Most Expensive $5,495,000
Least Expensive $769,900
Market Action 57
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$4,487,500 6,356 1 - 2.5 acres 5 6 16 0 0 115
$2,625,000 4,752 0.5 - 1 acre 4 5 27 0 0 14
$1,414,950 2,456 0.25 - 0.5 acre 3 3 32 3 1 10
$949,975 1,454 6,500 - 8,000 sqft 3 2 62 4 1 14