New - 2 days on Rocket
#425011432, Perry Kayasone, Mitch Speigle, Listing Office: Sequoia Real Estate
Monterey County Housing Market Report January 2025•Monterey County, California
Housing Prices in Monterey County, CA
How much do homes in Monterey County, CA cost?
Housing Market Conditions
Is Monterey County, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Monterey County is a Seller's Market
Difference Since January 2024
Since last year, Monterey County has remained a Seller's Market.
Insight
Monterey County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$875,000$570/SqFt
+$50,349
+6.1%
Based on all homes sold in the last 12 months
Insight
Homes in Monterey County have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Monterey County was $875,000 in January 2025, up 6.1% from last year, and the median price per square foot was $570.
Median Sold Price By Counties
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Monterey County | $824.6K | $875K | +6.1% |
| Santa Cruz County | $1.1M | $1.1M | +4.7% |
| Fresno County | $400K | $415.6K | +3.9% |
| San Benito County | $758.3K | $780K | +2.8% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $526K | $555K | +5.5% |
| 22 Bedrooms | $712.3K | $806.7K | +13.3% |
| 33 Bedrooms | $786.4K | $860.6K | +9.4% |
| 44 Bedrooms | $1.0M | $1.0M | +6.9% |
| 55+ Bedrooms | $1.1M | $1.2M | +8.6% |
Summary: Monterey County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +5.5%. The home price for 2 bedroom homes increased by +13.3%. The home price for 3 bedroom homes increased by +9.4%. The home price for 4 bedroom homes increased by +6.9%. The home price for 5 bedroom homes increased by +8.6%.
Housing supply in Monterey County, CA
How many homes are available in Monterey County, CA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 639Last MonthJan 2025 | ||
| 5902 months agoDec 2024 | +8.3 % Change MoMDec – Jan |
Summary: The Monterey County real estate market had 639 homes for sale in Jan 2025, a 8.3 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 140Last MonthJan 2025 | ||
| 1472 months agoDec 2024 | -4.8 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 24 | 22 | -8.3% |
| 22 Bedrooms | 124 | 125 | +0.8% |
| 33 Bedrooms | 282 | 310 | +9.9% |
| 44 Bedrooms | 104 | 119 | +14.4% |
| 55+ Bedrooms | 56 | 63 | +12.5% |
Summary: Monterey County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -8.3%. The inventory for 2 bedroom homes increased by +0.8%. The inventory for 3 bedroom homes increased by +9.9%. The inventory for 4 bedroom homes increased by +14.4%. The inventory for 5 bedroom homes increased by +12.5%.
Asking Price vs. Sold Price
How much do homes in Monterey County, CA cost?
Over Asking Price38 Homes
At Asking Price28 Homes
Under Asking Price71 Homes
Insight
If you're buying a home in Monterey County, you may be able to get a good deal. 51.8% of homes here sold below asking price last month.
Summary: A total of 140 homes were sold or pending in Monterey County in January 2025, down by 4.8% month-over-month. Of the 137 sold homes, 52% were sold under asking, 20% were sold at asking, and and 28% were sold over asking.
Days on Market for Monterey County, CA
How long does it take to sell a home in Monterey County, CA?
Breakdown of Home Sale Times
Under 30 Days81 Homes
30 – 90 Days37 Homes
Over 90 Days22 Homes
Insight
Many homes in Monterey County are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 140 homes were sold in Monterey County; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 46 DaysThis YearJan 2025 | ||
| 45 Days1 year agoJan 2024 | +1.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Monterey County had an average listing age of 46 days in Jan 2025, up by 1.8% compared to the previous year.
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Newest Listings in Monterey County, CA
What homes are available in Monterey County, CA?
New - 3 days on Rocket
#OC25035823, Denis Hann, Listing Office: Denis Hann Realty
New - 7 days on Rocket
#325010684, Mia S Leighton, Mark Stornetta Mark Stornetta, Listing Office: Compass
$9,488 Closing Credit¹
#ML81993534, Angela Savage, Listing Office: Steinbeck Real Estate, Inc.
$10,000 Closing Credit¹
#ML81993478, Greg Kraft, Listing Office: Carmel Realty Company
$6,531 Closing Credit¹
#ML81993474, Miguel Martinez, Listing Office: Malvini Real Estate Group
$10,000 Closing Credit¹
#ML81993451, Peter Baird, Listing Office: Baird Partnership, Inc.
3D tour
$8,550 Closing Credit¹
#IV25028738, LEROY HOLT, Listing Office: SOLR REALTY
$10,000 Closing Credit¹
#ML81992789, Stephanie Slater, Listing Office: Albers Real Estate Investment Company
$10,000 Closing Credit¹
#ML81993399, Susan Lubin-Brownlie, Listing Office: Coldwell Banker/Gay Dales
$8,431 Closing Credit¹
#ML81993395, Susan Spiegel, Listing Office: Compass
$10,000 Closing Credit¹
#ML81993376, The Debby Beck Group, Listing Office: Platinum One Real Estate
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, Bay Area Real Estate Information Services Inc., San Francisco MLS, and Santa Barbara MLS for the period 02/01/2023 - 02/01/2025
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 by Bay Area Real Estate Information Services, Inc. All rights reserved. The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. © 2025 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.