Monterey Real Estate Market
The median sale price for homes in Monterey over the last 12 months is $430,000.
The median mortgage debt is $227,765.
The price per square foot for listings in this area is $416.
The median sale price in January for single family homes is $520,000. The sale prices increased by 1.96% from the previous month.
The price per square foot for sales in this area is $357.
The number of active listings in Monterey increased by 12.5% from the previous month.
The median number of days active properties have been listed is 70. This is significantly shorter than the national average.
The number of sales in January dropped by 61.1% from the previous month.
The percent of owner occupied properties in Monterey is 29.41% below the national average.
The percent of rental properties in Monterey is 38.55% above the national average which is typical for urban areas.
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The Jones Group - Coast & Country Real Estate
Representing Exceptional People & Properties on the Monterey Peninsula