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
