October 2024 Report
Single Family Homes in Monterey County, All Cities, All Neighborhoods Change >
Average Price$1,560,330
-1.6%
Pending Properties222
+5.7%
Sale/List Price Ratio98.2%
-0.4%
Trends at a Glance
| Trends At a Glance |
Oct 2024 |
Previous Month |
Year-over-Year |
| Median Price |
$900,000 (-10.0%) |
$1,000,000 |
$1,100,000 (-18.2%) |
| Average Price |
$1,560,330 (-1.6%) |
$1,585,030 |
$1,613,760 (-3.3%) |
| No. of Sales |
137 (-6.2%) |
146 |
143 (-4.2%) |
| Pending |
222 (+5.7%) |
210 |
144 (+54.2%) |
| Active |
365 (-7.8%) |
396 |
283 (+29.0%) |
| Sale vs. List Price |
98.2% (-0.4%) |
98.6% |
98.9% (-0.7%) |
| Days on Market |
47 (+25.4%) |
38 |
44 (+8.1%) |
| Days of Inventory |
80 (+1.6%) |
79 |
59 (+34.6%) |
Market Commentary
Prices slipped in Oct 2024 with the median price dipping 10% from the previous month, down 18.2% compared to last year. The average price fell 1.6%, a yearly loss of 3.3%.
Inventory fell 3.1% from last month, and was up 37.5% year-over-year.