How much do homes in Monterey County, CA cost?

Median List Price

$775,487

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$100,498(+14.9%)

Key Takeaway

The list price of homes in Monterey County has increased by 14.9% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $409K$430K+5.1%
2 $585K$620.2K+6.0%
3 $648.9K$740.2K+14.1%
4 $791.1K$899.1K+13.7%
5+ $1.0M$1.7M+70.6%

Median List Price Compared To Nearby Counties

San Benito County
+16.1%
Monterey County
+14.9%
Santa Cruz County
+14.7%
Fresno County
+3.9%

How many homes are available in Monterey County, CA?

Number of Homes For Sale

Jul 2021Aug 2021%
987999+1.2%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 30300.0%
2 166169+1.8%
3 447458+2.5%
4 242247+2.1%
5+ 10295-6.9%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
124 Days82 Days-33.5%

Breakdown of Home Sale Times

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Key Takeaway

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About Monterey County, CA

Monterey County, CA has 999 homes on the market. The inventory of homes for sale in Monterey County, CA between July 2021 and August 2021 increased by 1.2%. In August 2021 median list price was $775,487 and the average listing age was 82 days. This housing market listing prices have changed between July 2021 and August 2021: 1 bedroom properties prices increased by 5.1%, prices of 2 bedrooms properties increased by 6%, 3 bedrooms properties prices increased by 14.1%, the cost of 4 bedrooms properties went up by 13.7%, prices of 5 bedrooms properties went up by 70.6%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 1.8%, number of 3 bedrooms homes increased by 2.5%, 4 bedrooms homes inventory increased by 2.1%, number of 5 bedrooms homes decreased by 6.9%. In August 2021 more than 181 listings in Monterey County, CA were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 76 were sold below.

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