Data as of March 2026. Source: Realtor.com.
The MONTEREY, CA real estate market (93940) 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.
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 March 2026, there are 81 active listings in MONTEREY, CA (zip code 93940), compared to 63 the prior year.
The median listing price in MONTEREY, CA 93940 is $1,127,250 as of March 2026, a 9.8% decrease from $1,250,000 the prior year.
Homes in MONTEREY, CA 93940 spend an average of 43 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of March 2026, MONTEREY, CA 93940 is currently a Buyer's Market. 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.
With SELL123.com's maximum 3% commission, sellers in MONTEREY, CA 93940 save an estimated $22,545 compared to a typical 5% commission on the median listing price of $1,127,250. 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.