Market Updates

Monterey County Fourth Quarter Market Report

January 30, 2019

For the fifth consecutive year in Monterey County, sellers tended to receive less than their asking price in 2018, indicating a better market for buyers.

In the last quarter of 2018, the number of new listings dropped significantly, while the average new listings in 2018 remained similar to 2017.

Median sales price continued to rise, paralleling other counties in this area. In 2018, the number of units sold in the fourth quarter was the lowest of the year, also down 19% compared to the same quarter last year.

No Comments

    Leave a Reply