Monterey Market Report
$1,272,509
AVERAGE PRICE OF 124 HOMES$2,135,298
AVERAGE PRICE OF 50 MULTI-MILLION DOLLAR HOMES$3,299,333
AVERAGE PRICE OF 3 NEWLY BUILT HOMES$897,382
AVERAGE PRICE OF 34 HOMES WITH A POOL$764,377
AVERAGE PRICE OF 9 REDUCED PRICE HOMESAverage Home
| Average Price | $1,272,509 |
| Avg Bedrooms | 2.97 beds |
| Avg Bathrooms | 2.22 baths |
Average Price by Bedrooms
| 1 bedroom | $477,533 |
| 2 bedrooms | $732,755 |
| 3 bedrooms | $1,147,256 |
| 4 bedrooms | $1,702,245 |
| 5 bedrooms | $3,032,923 |
Monterey Home Price Trends
| 7/2019 | 6/2019 | 5/2019 | 4/2019 | 3/2019 | |
|---|---|---|---|---|---|
| Total Listings | n/a | 132 | 128 | 113 | 108 |
| Average Price | n/a | $1,393,065 | $1,280,907 | $1,222,699 | $1,221,028 |
| Avg Price Change | n/a | +8.76% | +4.76% | +0.14% | -5.79% |
| Median Price | n/a | $917,832 | $899,124 | $852,194 | $825,092 |
| Med Price Change | n/a | +2.08% | +5.51% | +3.28% | -3.40% |
| Avg Bedrooms | n/a | 3.07 beds | 3.07 beds | 3.02 beds | 3 beds |
| Avg Bathrooms | n/a | 2.37 baths | 2.39 baths | 2.33 baths | 2.36 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Monterey High | 20 | $947,544 | 118 days |
| North Salinas High | 1 | $2,495,000 | 98 days |
| Salinas High | 5 | $2,065,700 | 107 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 124 | $1,272,509 | 97 days |
| Multi-Million Dollar Homes | 50 | $2,135,298 | 119 days |
| Newly Built Homes | 3 | $3,299,333 | 289 days |
| Homes with a Pool | 34 | $897,382 | 86 days |
| Reduced Price Homes | 9 | $764,377 | 137 days |
