Monterey County Market Update for February 2020
Here is a Monterey County update for February 2020: The median Single Family home cost $699,000 and sold in 28 days for 98% of the list price based on 145 sales. Inventory rose 2% from January, but down -15% from February 2019 with 645 homes available, compared to 760 homes last year. Average days on market (DOM) rose 8 days from 66 to 74 or 12%; median DOM dropped by -15 days from the month before. Number of new listings for the month of February decreased -4% over January a