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Here's a Look at Sales to List Price Ratios and Days to Sell in Monterey, California


As you can see,sales price to list price has dipped slightly since last year. Sellers are beginning to realize that price escalations that started in 2016 have cooled and buyers are no longer willing to pay top dollar. Sellers are slowly reducing prices and buyers are waiting for better values. As we begin the spring selling season, perhaps there will be a meeting of the minds. We'll see what happens.

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Sotheby's International Realty
3775 Via Nona Marie Suite 100, Carmel CA 93923
831-624-9700

License: DRE#01966114

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Debora Sanders is a real estate salesperson licensed by the state of California affiliated with Sotheby's International Realty. Sotheby's International Realty is a real estate broker licensed by the state of California and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting, or other professional advice outside the realm of real estate brokerage.

*All Rights Reserved*

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