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City / Town Overview

Monterey, CA

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

Market Analysis

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

The Monterey, CA real estate market currently shows 100 active listings, with 32 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 55 days on market compared to 52 days last year.

The median listing price has fallen 9.7% year-over-year, from $1,298,000 to $1,172,000.

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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
100
⇧ 19% vs 84 last year
Pending
32
32% pending ratio
Median Price
$1,172,000
⇩ 9.7% vs $1,298,000 last year
Average Price
$1,550,595
⇩ 7.4% vs $1,673,659 last year
Days on Market
55
⇧ 5.8% vs 52 days last year

Price Per Square Foot

Median $/sqft
$777
⇩ 1.4% vs $788/sqft last year
Median Home Size
1,525 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 %