A Quick Update for the Monterey County Housing Market - January 22, 2026

Here is a quick summary of the Monterey County Real Estate Market for December 2025/January 2026:

• Inventory has begun to rise as we move through January. Months of inventory decreased in December with 4.3 down from last year - 5.0 months.

• Median Sales prices decreased year over year. December 2025 - $815,000. December 2024 - $902,500

• Sales volume has increased by 3.9% year over year and was 20% lower than the prior month. Snapshot of December 2025- $ 255,064,402 compared to December 2024 - $265,469,085

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

• Average Days on Market for December sales was 63 days, up from last November when it was 54 .

  
  

Break Down of Data for Monterey County:

Listings:

• Currently, there are 457 residential homes/condos/townhomes listed for sale

• There are 27 properties listed under $500,000 (5.9% of total listings)

• There are 165 properties listed between $500,000-$1,000,000 (36.1% of total listings)

• There are 185 properties listed between $1,000,000 to $3,000,000 (40.5% of total listings)

• There are 45 properties listed over $5,000,000 (9.8% of total listings)

January Sales MTD:

• There have been 84 sales

• Median Price per Foot was $709

• Average Days to Sell was 59

• Average Sales Price to list Original List Price was 96.4%

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