Intero Market Report
Monterey, CA
Single-Family Homes
Intero Real Estate| 408.342.3000 | www.intero.com
Monterey, CA
Fri Jun 12 2026
This week the median list price for Monterey, CA is $1,685,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has increased to 37.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
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
| Median List Price | $1,685,000 | |
| Median Price of New Listings | $1,673,250 | |
| Per Square Foot | $800 | |
| Average Days on Market | 76 | |
| Median Days on Market | 42 | |
| Price Decreased | 35% | |
| Price Increased | 0% | |
| Relisted | 3% | |
| Inventory | 37 | |
| Median Rent | ||
| Market Action | 41 | |
| Slight Seller's Advantage | ||
Despite this week’s down tic, the price trend remains upward for several weeks. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,345,444 | 4,297 | 1 - 2.5 acres | 4 | 4 | 28 | 0 | 1 | 35 |
| $1,780,000 | 2,127 | 0.25 - 0.5 acre | 4 | 3 | 61 | 3 | 2 | 42 |
| $1,399,000 | 1,788 | 8,000 - 10,000 sqft | 3 | 3 | 66 | 2 | 2 | 42 |
| $929,000 | 1,320 | 0 - 4,500 sqft | 3 | 2 | 72 | 1 | 0 | 49 |