A Quick Update for the Monterey County Housing Market - December 17, 2025

Here is a quick summary of the Monterey County Real Estate Market for November/December 2025:

• Inventory has begun to decline as we celebrate the holiday season. Months of inventory dropped slightly in November down slightly from last year. In November 2024, months of inventory was 5.9 in November 2025 it is now 5.6.

• Median Sales prices decreased year over year. November 2025 - $850,000. November 2024 - $875,000.

• Sales volume has decreased by 6.53% year over year and was 15.3% lower than the prior month. Snapshot of November 2025- $ 211,458,725 compared to November 2024 - $257,645,534

• Price reductions continue. November sales price to original list price was 94.1%.

• Average Days on Market for November sales was 54 days, up from last November when it was 47.

  
  

Break Down of Data for Monterey County:

Listings:

• Currently, there are 484 residential homes/condos/townhomes listed for sale

• There are 23 properties listed under $500,000 (4.7% of total listings)

• There are 169 properties listed between $500,000-$1,000,000 (34.9% of total listings)

• There are 205 properties listed between $1,000,000 to $3,000,000 (42.3% of total listings)

• There are 43 properties listed over $5,000,000 (8.8% of total listings)

December Sales MTD:

• There have been 109 sales

• Median Price per Foot was $643

• Average Days to Sell was 55

• Average Sales Price to list Original List Price was 97.5%

If you are a buyer:

1. Consult your agent and your loan officer and create a plan!

2. Make sure to get pre-qualified.

3. Don't make big purchases that might affect your bank balances or credit score.

4. Be prepared to act quickly if you find a house you like.

5. Make a list of "must haves" and "like to haves" and be prepared to compromise

Data Source: MLS Listings Inc