March 2026 Report
Single Family Homes in Monterey County, All Cities, All Neighborhoods Change >
Average Price$1,524,360
-8.1%
Pending Properties215
+4.9%
Sale/List Price Ratio98.3%
-0.3%
Days of Inventory63
-16.4%
Trends at a Glance
| Trends At a Glance |
Mar 2026 |
Previous Month |
Year-over-Year |
| Median Price |
$894,500 (+1.6%) |
$880,000 |
$905,000 (-1.2%) |
| Average Price |
$1,524,360 (-8.1%) |
$1,659,020 |
$1,426,580 (+6.9%) |
| No. of Sales |
146 (+29.2%) |
113 |
122 (+19.7%) |
| Pending |
215 (+4.9%) |
205 |
206 (+4.4%) |
| Active |
309 (-2.8%) |
318 |
305 (+1.3%) |
| Sale vs. List Price |
98.3% (-0.3%) |
98.6% |
98.1% (+0.2%) |
| Days on Market |
54 (-11.9%) |
61 |
49 (+9.1%) |
| Days of Inventory |
63 (-16.4%) |
76 |
75 (-15.3%) |
Market Commentary
The median sales price for single-family, re-sale homes was down 1.2% year-over-year.
The average sales price for single-family, re-sale homes gained 6.9% year-over-year.
Home sales rose 19.7%. There were 146 homes sold in Monterey County last month. The average since 2000 is 239.
The sales price to list price ratio, or what buyers are paying compared to what sellers are asking, fell from 98.6% to 98.3%.
Inventory for single-family, re-sale homes was up 1.3% year-over-year.
As of April 5th, there were 309 homes for sale. The average is 1,333.
Days of inventory fell from 76 to 63. The average is 185.
Days of Inventory reflects an estimate of the amount of time it would take to sell all the current listings if no new listings became available. It is calculated by taking the number of homes for sale and dividing by the number of homes sold in a given time frame. We use last month’s sold number.
Days on Market was 54. The average for the past fourteen years is 68 days. Days on Market counts the time from when a home comes on the market to when it goes into contract.
The median sales prices for condos fell 9.9%, year-over-year, while the average sales price fell 0.1%.
Condo sales were up 146.2% compared to last year. There were thirty-two condos sold last month.
The sales price to list price ratio for condos rose to 98.1% from 97.5%.
It took 45 days from when a condo comes on the market to when it goes under contract. The average for the past fourteen years is 66 days.
Days of inventory fell from 71 to 59. The average is 161.
There are 63 condos for sale. The average is 122.
For assistance in this market, do not hesitate to contact me. If you are thinking of selling, I can provide a free comparative market analysis.
Also, if you go to my on-line report and click on Recent Sales & Listings, you will see what has sold, what is for sale and what is pending in your neighborhood.