The Monterey, CA housing market is a buyer's market, scoring 36 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 94 homes for sale and 3.8 months of supply. Homes in Monterey, CA sold for a median of $1,195,000 — about flat versus the prior month, or $763 per square foot. The typical home goes under contract in 45 days, sales close at 99.9% of asking price and 27.3% of homes sell above list. 42.6% of active Monterey, CA listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-08-25 and are based on 25 recorded sales and 94 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 241 Soledad Dr, Monterey | 3/1,788 | $1,292,500 | 2026-08-25 |
| 925 Cass St, Monterey | 3/1,470 | $1,150,000 | 2026-08-21 |
| 1122 Harrison St, Monterey | 2/1,532 | $1,250,000 | 2026-08-21 |
| 31 Via Cimarron, Monterey | 2/1,897 | $1,301,000 | 2026-08-20 |
| 229 Littleness Ave, Monterey | 2/853 | $755,000 | 2026-08-20 |
| 26 Cuesta Vista Dr, Monterey | 3/2,116 | $1,845,000 | 2026-08-20 |
| 546 English Ave, Monterey | 4/1,639 | $1,195,000 | 2026-08-18 |
| 300 Glenwood Cir Apt 174, Monterey | 1/676 | $530,000 | 2026-08-18 |
Monterey, CA is currently a buyer's market, at 36 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 3.8 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Monterey, CA sold for $1,195,000 over the last 30 days. That is roughly unchanged from the month before.
Homes in Monterey, CA take a median of 45 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 45 days is worth a second look on price.
Homes in Monterey, CA close at a median of 99.9% of their asking price, and 27.3% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 94 homes actively for sale in Monterey, CA, about 3.8 months of supply at the current sales pace.