Intero Market Report

Monterey, CA

Single-Family Homes

Intero Real Estate| 408.342.3000 | www.intero.com



Monterey, CA

Mon Sep 21 2020
This week the median list price for Monterey, CA is $1,562,900 with the market action index hovering around 56. This is an increase over last month's market action index of 52. Inventory has held steady at or around 28. 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

Mon Sep 21 2020
This week the median list price for Monterey, CA is $1,562,900 with the market action index hovering around 56. This is an increase over last month's market action index of 52. Inventory has held steady at or around 28. 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 $1,562,900
Per Square Foot $648
Days on Market 53
Price Decreased 11%
Price Increased 4%
Relisted 0%
Inventory 28
Median Rent
Most Expensive $4,995,000
Least Expensive $699,000
Market Action 56
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$3,998,000 4,502 1 - 2.5 acres 5 6 17 1 2 77
$1,850,000 3,494 0.5 - 1 acre 4 4 48 1 0 27
$1,049,000 2,200 6,500 - 8,000 sqft 4 3 59 1 3 97
$799,000 1,081 4,500 - 6,500 sqft 3 2 70 3 3 12