A Quick Update for the Monterey County Housing Market, July 30, 2026

Here is a quick summary of the Monterey County Real Estate Market for June/July 2026:

• Inventory fell in the month of June. Months of inventory year over year shows June 2026 with 5.3 months versus 5.6 months in June 2025.

• Median Sales prices increased year over year June 2026 - $880,000. June 2025- $875,000

• Sales volume has decreased by 23.8% year over year. Snapshot of June 2025- $288,751,213 compared to June 2026 - $357,627,235

• Price reductions continue. June sales price to original list price was 97.8%.

• Average Days to Sell for June sales was 57 days, down from last June when it was 63.

  
  

Break Down of Data for Monterey County:

Listings:

• Currently, there are 628 residential homes/condos/townhomes listed for sale

• There are 31 properties listed under $500,000 (4.9% of total listings)

• There are 214 properties listed between $500,000-$1,000,000 (34.1% of total listings)

• There are 279 properties listed between $1,000,000 to $3,000,000 (44.4% of total listings)

• There are 62 properties listed over $5,000,000 (9.8% of total listings)

July Sales MTD:

• There have been 175 sales

• Average Price per Foot was $764

• Average Days to Sell was 49

• 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