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City / Town Overview

Monterey, CA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Monterey, CA real estate market currently shows 81 active listings, with 23 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 43 days on market compared to 37 days last year.

The median listing price has fallen 9.8% year-over-year, from $1,250,000 to $1,127,250.

Whether you are buying or selling in Monterey, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 34,130  ·  Density: 547.5/mi²  ·  Median household income: $95,976

Typical home value: $886,636  ·  Homeownership: 37.9%

Included Areas

Monterey: 93940, 93943, 93944

Ocean View Plaza: 93942

Area Map

Market Overview

Active Listings
81
⇧ 28.6% vs 63 last year
Pending
23
28% pending ratio
Median Price
$1,127,250
⇩ 9.8% vs $1,250,000 last year
Average Price
$1,421,914
⇩ 18.7% vs $1,749,278 last year
Days on Market
43
⇧ 16.2% vs 37 days last year

Price Per Square Foot

Median $/sqft
$779
⇩ 3.6% vs $808/sqft last year
Median Home Size
1,363 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %