In February, there were 17 home sales with an average days on market of 42. Sale prices ranged from $438,000 to $1,949,00 with a median price of $925,000. Monterey has continued to be a seller’s market. The median sale price was 97% of the list price.
There were 4 condominium sales with an average of 62 days on the market. Sale prices ranged from $444,000 to $1,050,000. The median condominium and townhouse sale price was $535,000
Looking at homes for sale at the start of March In Monterey proper, there are only 19 homes for sale. I can’t remember a time that there have been this few homes for sale at a given time. List prices range from $769,000 to $5,495,000. The median list price is $1,469,000.
There are 4 condominiums and townhouses for sale at the start of February. List prices range from $430,000 to $811,000. The median townhouse and condo list price is $560,000.
This has been your monthly Monterey real estate update. If you have any questions about the value of your home in today’s market or are ready to find your dream home in the Monterey area and are looking for a Monterey Realtor, give me a call or send me a message at [email protected].