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Monterey County Home Values and Market Report

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Livingbythefoothills.com
Report prepared by Livingbythefoothills.com Gilbert Garcia
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Market at a glance

Over the last 12 months, homes sold for 96.5% of list price in 55 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.43M Sold · $1.37M
$1.7M$1.5M$1.3M$1.1M
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 197 sales in May. Last month: 164.

Where the market stands

All homes in this report, by status.

2,916homes
Active919 · 32%
Under contract91 · 3%
Sold (12 mo)1,906 · 65%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$2.2M
Under contract$1.47M
Sold$1.34M

Average days on market

Active174 days
Under contract456 days
Sold55 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 919
Average list price $2,204,443
Avg. days on market 174 days
Avg. price per ft² $883
Avg. living area 2,258 ft²
Avg. beds / baths 3.2 / 2.8

Charts and listings below cover the 250 highest-priced of 919 homes.

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

79 homes didn’t report living area and aren’t shown.

5 homes are larger or pricier than this chart’s scale and aren’t shown.

$30M$20M$10M$0

Price vs. living area: 166 homes plotted, up to $30M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

86 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

46400 Clear Ridge Road$9,046
54722 Highway 1$5,603
38 Tehama$5,157
3364 17 Mile Drive$5,109
Scenic 2 SE of 9th Avenue$4,558
26346 Valley View Avenue$4,494
1494 Cypress Drive$4,410

Active listings (250 of 919)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1494 Cypress DrivePebble Beach, CA 93953 61011,223$49,500,000$4,410445 days
3364 17 Mile DrivePebble Beach, CA 93953 6108,572$43,800,000$5,10910 days
Ranch, Carmel Valley RoadCarmel By The Sea, CA 93923 ———$35,000,000—386 days
38 TehamaCarmel By The Sea, CA 93923 466,204$32,000,000$5,15793 days
46400 Clear Ridge RoadBig Sur, CA 93920 443,261$29,500,000$9,046117 days
Address not availableSalinas, CA 93907 ———$26,500,000—74 days
3032 Cormorant RoadPebble Beach, CA 93953 577,235$24,000,000$3,31784 days
48453 Lonoak RoadKing City, CA 93930 ———$20,900,000—490 days
26346 Valley View AvenueCarmel By The Sea, CA 93923 674,450$20,000,000$4,49418 days
Scenic 2 SE of 9th AvenueCarmel By The Sea, CA 93921 334,387$20,000,000$4,558275 days
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.