Data as of September 2026. Source: Realtor.com.
The MONTEREY, CA real estate market (93940) 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.
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 September 2026, there are 90 active listings in MONTEREY, CA (zip code 93940), compared to 108 the prior year.
The median listing price in MONTEREY, CA 93940 is $1,206,250 as of September 2026, a 3.5% decrease from $1,249,972 the prior year.
Homes in MONTEREY, CA 93940 spend an average of 73 days on the market before going under contract, compared to 67 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MONTEREY, CA 93940 is currently a Balanced Market. 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.
With SELL123.com's maximum 3% commission, sellers in MONTEREY, CA 93940 save an estimated $24,125 compared to a typical 5% commission on the median listing price of $1,206,250. 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.