Data as of July 2026. Source: Realtor.com.
The MONTEREY, CA real estate market (93940) currently shows 97 active listings, with 26 pending sales. Homes are averaging 51 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 51 days on market compared to 46 days last year.
The median listing price has fallen 3.8% year-over-year, from $1,299,000 to $1,249,500.
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.
Population: 31,513 · Density: 346.2/mi² · Median household income: $103,946
Typical home value: $960,267 · Homeownership: 41.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 93940 | Monterey, CA 93940 | 0.0 mi | 73 | $105,530,187 | $1,195,250 | $1,445,619 |
| 93921 | Carmel By The Sea, CA 93921 | 8.0 mi | 19 | $96,183,510 | $3,847,500 | $5,062,290 |
| 93955 | Seaside, CA 93955 | 12.0 mi | 32 | $33,845,504 | $878,100 | $1,057,672 |
| 93924 | Carmel Valley, CA 93924 | 12.7 mi | 36 | $104,466,168 | $1,746,250 | $2,901,838 |
| 93962 | Spreckels, CA 93962 | 16.4 mi | 1 | $895,000 | $895,000 | $895,000 |
| 93901 | Salinas, CA 93901 | 18.2 mi | 41 | $32,762,854 | $732,500 | $799,094 |
| 93906 | Salinas, CA 93906 | 22.2 mi | 50 | $34,854,750 | $686,250 | $697,095 |
| 95039 | Moss Landing, CA 95039 | 25.3 mi | 5 | $18,791,500 | $2,199,000 | $3,758,300 |
| 93925 | Chualar, CA 93925 | 25.7 mi | 1 | $2,200,000 | $2,200,000 | $2,200,000 |
| 93960 | Soledad, CA 93960 | 29.6 mi | 16 | $15,621,984 | $729,000 | $976,374 |
| 95045 | San Juan Bautista, CA 95045 | 31.8 mi | 8 | $9,469,424 | $1,224,000 | $1,183,678 |
| 95076 | Watsonville, CA 95076 | 34.1 mi | 81 | $114,426,189 | $985,750 | $1,412,669 |
| 95010 | Capitola, CA 95010 | 36.7 mi | 21 | $24,933,426 | $996,250 | $1,187,306 |
As of July 2026, there are 97 active listings in MONTEREY, CA (zip code 93940), compared to 100 the prior year.
The median listing price in MONTEREY, CA 93940 is $1,249,500 as of July 2026, a 3.8% decrease from $1,299,000 the prior year.
Homes in MONTEREY, CA 93940 spend an average of 51 days on the market before going under contract, compared to 46 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MONTEREY, CA 93940 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 51 days on market compared to 46 days last year.
With SELL123.com's maximum 3% commission, sellers in MONTEREY, CA 93940 save an estimated $24,990 compared to a typical 5% commission on the median listing price of $1,249,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.