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

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

• Inventory has begun to rise as we move towards April but months of inventory remained flat year over year. February 2025 and 2026 reflect 5.5 months

• Median Sales prices decreased year over year February 2026 - $800,000. February 2025- $850,000

• Sales volume has increased by 7.3% year over year. Snapshot of February 2025- $ 212,853,383 compared to February 2026 - $228,421,797

• Price reductions continue. February sales price to original list price was 97.6%.

• Average Days to Sell for February sales was 64 days, up from last February when it was 60 .

  
  

Break Down of Data for Monterey County:

Listings:

• Currently, there are 493 residential homes/condos/townhomes listed for sale

• There are 20 properties listed under $500,000 (4.05% of total listings)

• There are 179 properties listed between $500,000-$1,000,000 (36.3% of total listings)

• There are 207 properties listed between $1,000,000 to $3,000,000 (41.9% of total listings)

• There are 50 properties listed over $5,000,000 (10% of total listings)

March Sales MTD:

• There have been 183 sales

• Median Price per Foot was $763

• Average Days to Sell was 51

• Average Sales Price to list Original List Price was 97.3%

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