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City / Town Overview

Monterey, CA

Aggregate real estate market report across all ZIPs in scope
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The Monterey, CA real estate market currently shows 90 active listings, with 26 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 73 days on market compared to 67 days last year.

The median listing price has fallen 3.5% year-over-year, from $1,249,972 to $1,206,250.

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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

Ocean View Plaza: 93942

New Monterey: 93944

Area Map

Market Overview

Active Listings
90
⇩ 16.7% vs 108 last year
Pending
26
29% pending ratio
Median Price
$1,206,250
⇩ 3.5% vs $1,249,972 last year
Average Price
$1,551,487
⇧ 3.3% vs $1,502,160 last year
Days on Market
73
⇧ 9% vs 67 days last year

Price Per Square Foot

Median $/sqft
$750
⇩ 4.2% vs $783/sqft last year
Median Home Size
1,517 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 %