Monterey Real Estate News for October 2013

Monterey: Home Sales Down in Oct 2013

Monterey Real Estate Year-Over-Year

  • Median home prices increased by 80.3% year-over-year to $595,000 from $330,000.
  • The average home sales price rose by 65.3% year-over-year to $624,538 from $377,778.
  • Home sales rose by 44.4% year-over-year to 13 from 9.
  • Active listings fell 10.6% year-over-year to 59 from 66.
  • Sales price vs. list price ratio rose by 3.7% year-over-year to 98.0% from 94.5%.
  • The average days on market rose by 69.1% year-over-year to 51 from 30.

Monterey Real Estate Compared To Last Month

  • Median home prices slipped by 5.1% to $595,000 from $627,000.
  • The average home sales price fell by 2.9% to $624,538 from $643,000.
  • Home sales Down by 38.1% to 13 from 21.
  • Active listings dropped 10.6% to 59 from 66.
  • Sales price vs. list price ratio dropped by 0.4% to 98.0% from 98.4%.
  • The average days on market increased by 14.4% to 51 from 44.

- To see more details including graphs and the following Monterey Real Estate Statistics, click here:

  • Monterey Median Home Price
  • Monterey Average Sales Price
  • Monterey No. of Homes Sold
  • Monterey Pending Properties
  • Monterey Foreclosures Sold
  • Monterey Short Sales Sold
  • Monterey Active Listings
  • Monterey Active Foreclosures
  • Monterey Active Short Sales
  • Monterey Sales Price vs. List Price
  • Monterey Average Days on Market
  • Monterey Year over Year Sales to Date
  • Monterey Days of Inventory Sales Breakdown (Bank Owned vs Short Sales vs Normal Sales)
  • Monterey Sales and Price
  • Monterey Market Momentum