Monterey, CA housing market — Single Family Residential
See Monterey, CA median sale price, sale-to-list ratio, supply, and days on market for single family residential, with source periods and historical context.
- Median sale price
- $1,050,000
- Average sale-to-list ratio
- 97.1%
- Months of supply
- 2.4 months
- Median days on market
- 37.0 days
Redfin Data Center methodology · 2026-05-01 to 2026-05-31 · Not seasonally adjusted · Older observation
Median sale price per square foot: $782.
This single family residential snapshot describes the source reporting period above. Sale-to-list compares recorded sale prices with asking prices; supply and days on market describe different aspects of the same observation. These are market statistics, not an individual home valuation.
Before you make an offer
For Monterey, single family residential, 2026-05-01 to 2026-05-31, the average final sale-to-list ratio was 97.1% and supply was 2.4 months (not seasonally adjusted). These historical market aggregates provide offer context; compare individual comparable sales and observed condition before deciding a price. They do not predict acceptance.
Redfin methodology: sale-to-list uses final sale and final list prices; median days on market describes homes going under contract during the reporting period.
Source observations
| Period beginning | Period ending | Median sale price | Sale-to-list | Supply | Days on market |
|---|---|---|---|---|---|
| 2026-05-01 | 2026-05-31 | $1,050,000 | 97.1% | 2.4 months | 37.0 days |
| 2026-04-01 | 2026-04-30 | $1,180,000 | 98.3% | 2.2 months | 21.0 days |
| 2026-03-01 | 2026-03-31 | $1,075,000 | 97.2% | 2.2 months | 69.0 days |
| 2026-02-01 | 2026-02-28 | $860,000 | 96.9% | 5.0 months | 34.0 days |
| 2026-01-01 | 2026-01-31 | $1,085,000 | 95.3% | 3.3 months | 34.0 days |
| 2025-12-01 | 2025-12-31 | $1,177,500 | 97.6% | 1.4 months | 70.0 days |
| 2025-11-01 | 2025-11-30 | $1,276,500 | 96.7% | 2.7 months | 28.0 days |
| 2025-10-01 | 2025-10-31 | $1,294,000 | 94.6% | 4.2 months | 37.0 days |
| 2025-09-01 | 2025-09-30 | $1,430,000 | 95.3% | 5.0 months | 68.0 days |
| 2025-08-01 | 2025-08-31 | $1,350,000 | 98.3% | 3.3 months | 34.0 days |
| 2025-07-01 | 2025-07-31 | $1,575,000 | 98.5% | 3.7 months | 25.0 days |
| 2025-06-01 | 2025-06-30 | $1,122,750 | 97.4% | 2.9 months | 22.0 days |
| 2025-05-01 | 2025-05-31 | $1,140,000 | 97.5% | 3.8 months | 27.0 days |
| 2025-04-01 | 2025-04-30 | $1,261,500 | 97.7% | 2.2 months | 36.0 days |
| 2025-03-01 | 2025-03-31 | $1,327,500 | 99.2% | 4.0 months | 106.0 days |
| 2025-02-01 | 2025-02-28 | $1,185,000 | 102.6% | 2.9 months | 24.0 days |
| 2025-01-01 | 2025-01-31 | $1,299,000 | 104.6% | 3.1 months | 34.0 days |
| 2024-12-01 | 2024-12-31 | $1,298,500 | 95.7% | 3.0 months | 56.0 days |
| 2024-11-01 | 2024-11-30 | $814,750 | 98.4% | 4.5 months | 83.0 days |
| 2024-10-01 | 2024-10-31 | $1,175,000 | 97.8% | 2.1 months | 71.0 days |
| 2024-09-01 | 2024-09-30 | $1,275,000 | 99.1% | 2.9 months | 61.0 days |
| 2024-08-01 | 2024-08-31 | $1,250,000 | 99.4% | 3.1 months | 54.0 days |
| 2024-07-01 | 2024-07-31 | $1,275,000 | 98.2% | 4.2 months | 66.0 days |
| 2024-06-01 | 2024-06-30 | $1,285,000 | 98.6% | 2.3 months | 28.0 days |
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Market trends and broader context
Source geography and property type are shown for every series. Broader context is not a local market estimate. Charts may use different source reporting windows.
Months Of Supply — Monterey, CA
external_market_factor_snapshots · Single Family Residential
| Period ending | Value (months) |
|---|---|
| 2024-06-30 | 2.3 |
| 2024-07-31 | 4.2 |
| 2024-08-31 | 3.1 |
| 2024-09-30 | 2.9 |
| 2024-10-31 | 2.1 |
| 2024-11-30 | 4.5 |
| 2024-12-31 | 3.0 |
| 2025-01-31 | 3.1 |
| 2025-02-28 | 2.9 |
| 2025-03-31 | 4.0 |
| 2025-04-30 | 2.2 |
| 2025-05-31 | 3.8 |
| 2025-06-30 | 2.9 |
| 2025-07-31 | 3.7 |
| 2025-08-31 | 3.3 |
| 2025-09-30 | 5.0 |
| 2025-10-31 | 4.2 |
| 2025-11-30 | 2.7 |
| 2025-12-31 | 1.4 |
| 2026-01-31 | 3.3 |
| 2026-02-28 | 5.0 |
| 2026-03-31 | 2.2 |
| 2026-04-30 | 2.2 |
| 2026-05-31 | 2.4 |
Buyer Sentiment Index — Monterey, CA
OfferLens derived buyer-sentiment proxy (not a Redfin index) · Single Family Residential
| Period ending | Value (index, 0–100 (proxy)) |
|---|---|
| 2024-06-30 | 35.62903711200001 |
| 2024-07-31 | 24.328800256666643 |
| 2024-08-31 | 26.839738490000016 |
| 2024-09-30 | 33.13815237426665 |
| 2024-10-31 | 13.05464998479998 |
| 2024-11-30 | 22.24772050999998 |
| 2024-12-31 | 19.607936510000002 |
| 2025-01-31 | 54.92380952333333 |
| 2025-02-28 | 59.50588882000003 |
| 2025-03-31 | 36.58797642999998 |
| 2025-04-30 | 39.41482765466665 |
| 2025-05-31 | 29.541935640000005 |
| 2025-06-30 | 36.90116793866665 |
| 2025-07-31 | 36.87660694333336 |
| 2025-08-31 | 36.255761199999995 |
| 2025-09-30 | 20.606060605333333 |
| 2025-10-31 | 12.451282051199996 |
| 2025-11-30 | 27.7 |
| 2025-12-31 | 17.183854093333352 |
| 2026-01-31 | 20.565079367333333 |
| 2026-02-28 | 26.833333333333336 |
| 2026-03-31 | 23.17470123999999 |
| 2026-04-30 | 38.06666494133334 |
| 2026-05-31 | 33.26891482800001 |
Median Sale Price — Monterey, CA
external_market_factor_snapshots · Single Family Residential
| Period ending | Value (USD) |
|---|---|
| 2024-06-30 | 1285000.0 |
| 2024-07-31 | 1275000.0 |
| 2024-08-31 | 1250000.0 |
| 2024-09-30 | 1275000.0 |
| 2024-10-31 | 1175000.0 |
| 2024-11-30 | 814750.0 |
| 2024-12-31 | 1298500.0 |
| 2025-01-31 | 1299000.0 |
| 2025-02-28 | 1185000.0 |
| 2025-03-31 | 1327500.0 |
| 2025-04-30 | 1261500.0 |
| 2025-05-31 | 1140000.0 |
| 2025-06-30 | 1122750.0 |
| 2025-07-31 | 1575000.0 |
| 2025-08-31 | 1350000.0 |
| 2025-09-30 | 1430000.0 |
| 2025-10-31 | 1294000.0 |
| 2025-11-30 | 1276500.0 |
| 2025-12-31 | 1177500.0 |
| 2026-01-31 | 1085000.0 |
| 2026-02-28 | 860000.0 |
| 2026-03-31 | 1075000.0 |
| 2026-04-30 | 1180000.0 |
| 2026-05-31 | 1050000.0 |
Unemployment Rate — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2024-09-01 | 5.4 |
| 2024-10-01 | 5.4 |
| 2024-11-01 | 5.4 |
| 2024-12-01 | 5.4 |
| 2025-01-01 | 5.4 |
| 2025-02-01 | 5.4 |
| 2025-03-01 | 5.4 |
| 2025-04-01 | 5.4 |
| 2025-05-01 | 5.5 |
| 2025-06-01 | 5.5 |
| 2025-07-01 | 5.5 |
| 2025-08-01 | 5.5 |
| 2025-09-01 | 5.5 |
| 2025-11-01 | 5.5 |
| 2025-12-01 | 5.5 |
| 2026-01-01 | 5.4 |
| 2026-02-01 | 5.4 |
| 2026-03-01 | 5.3 |
| 2026-04-01 | 5.3 |
| 2026-05-01 | 5.3 |
| 2026-06-01 | 5.2 |
| 2026-07-01 | 5.1 |
| 2026-08-01 | 5.1 |
| 2026-09-01 | 5.1 |
Vacancy Rates — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2015-01-01 | 1.2 |
| 2016-01-01 | 1.0 |
| 2017-01-01 | 1.0 |
| 2018-01-01 | 1.2 |
| 2019-01-01 | 1.0 |
| 2020-01-01 | 0.7 |
| 2021-01-01 | 0.7 |
| 2022-01-01 | 0.7 |
| 2023-01-01 | 0.7 |
| 2024-01-01 | 0.8 |
| 2025-01-01 | 1.1 |
Local Income Growth — California
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2016-01-01 | 3.7991379950954807 |
| 2017-01-01 | 4.2095466504394 |
| 2018-01-01 | 4.755689136968666 |
| 2019-01-01 | 5.305439879332385 |
| 2020-01-01 | 9.13591779542271 |
| 2021-01-01 | 10.045935690033957 |
| 2022-01-01 | 0.10500388903291746 |
| 2023-01-01 | 5.305551598658398 |
| 2024-01-01 | 6.6934749993851295 |
| 2025-01-01 | 4.836274362904991 |
Mortgage Interest Rates — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2026-05-14 | 6.36 |
| 2026-05-21 | 6.51 |
| 2026-05-28 | 6.53 |
| 2026-06-04 | 6.48 |
| 2026-06-11 | 6.52 |
| 2026-06-18 | 6.47 |
| 2026-06-25 | 6.49 |
| 2026-07-02 | 6.43 |
| 2026-07-09 | 6.49 |
| 2026-07-16 | 6.55 |
| 2026-07-23 | 6.58 |
| 2026-07-30 | 6.66 |
| 2026-08-06 | 6.69 |
| 2026-08-13 | 6.67 |
| 2026-08-20 | 6.65 |
| 2026-08-27 | 6.66 |
| 2026-09-03 | 6.71 |
| 2026-09-10 | 6.76 |
| 2026-09-17 | 6.95 |
| 2026-09-24 | 7.03 |
| 2026-10-01 | 7.28 |
| 2026-10-08 | 7.4 |
| 2026-10-15 | 7.4 |
| 2026-10-22 | 7.32 |
Inflation Fed Policy — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (%) |
|---|---|
| 2024-09-01 | 2.4264830315416708 |
| 2024-10-01 | 2.578844053871343 |
| 2024-11-01 | 2.719472461284833 |
| 2024-12-01 | 2.870690967509981 |
| 2025-01-01 | 2.9909783078999608 |
| 2025-02-01 | 2.8015834477613355 |
| 2025-03-01 | 2.381981462805549 |
| 2025-04-01 | 2.32538823025783 |
| 2025-05-01 | 2.3772651073680873 |
| 2025-06-01 | 2.680453865910226 |
| 2025-07-01 | 2.742618052167134 |
| 2025-08-01 | 2.9385917430316155 |
| 2025-09-01 | 3.0225715847133294 |
| 2025-11-01 | 2.6964439164939513 |
| 2025-12-01 | 2.653304114557753 |
| 2026-01-01 | 2.391201432150014 |
| 2026-02-01 | 2.4340041103732224 |
| 2026-03-01 | 3.2859577528651984 |
| 2026-04-01 | 3.7792458367415627 |
| 2026-05-01 | 4.166614684049641 |
| 2026-06-01 | 3.463530729385411 |
| 2026-07-01 | 3.303856050706311 |
| 2026-08-01 | 3.353016322755642 |
| 2026-09-01 | 3.7172508442689933 |
Tech Hiring Layoff Trends — United States
Federal Reserve Bank of St. Louis: FRED · Market-wide
| Period ending | Value (percentage points) |
|---|---|
| 2024-09-01 | 1.7999999999999998 |
| 2024-10-01 | 1.3 |
| 2024-11-01 | 0.9000000000000001 |
| 2024-12-01 | 0.7000000000000001 |
| 2025-01-01 | 1.0 |
| 2025-02-01 | 1.2999999999999998 |
| 2025-03-01 | 1.3 |
| 2025-04-01 | 1.5999999999999999 |
| 2025-05-01 | 1.7 |
| 2025-06-01 | 1.9 |
| 2025-07-01 | 1.5000000000000002 |
| 2025-08-01 | 1.3 |
| 2025-09-01 | 1.1 |
| 2025-10-01 | 1.4000000000000001 |
| 2025-11-01 | 1.2999999999999998 |
| 2025-12-01 | 0.30000000000000004 |
| 2026-01-01 | 0.8999999999999999 |
| 2026-02-01 | 0.7999999999999998 |
| 2026-03-01 | 0.8999999999999999 |
| 2026-04-01 | 0.7999999999999998 |
| 2026-05-01 | 1.5 |
| 2026-06-01 | 0.8999999999999999 |
| 2026-07-01 | 1.2 |
| 2026-08-01 | 0.6 |
Demographic Shifts — Monterey, CA
U.S. Census Bureau: American Community Survey · Market-wide
| Period ending | Value (percentage points) |
|---|---|
| 2014 | 0.09086614668989768 |
| 2015 | -0.13115234739326453 |
| 2016 | -1.8182857130121874 |
| 2017 | -3.0333667328833656 |
| 2018 | -1.8518447743503827 |
| 2019 | -3.0218445586633678 |
| 2020 | -3.28214035881901 |
| 2021 | -1.102615067326287 |
| 2022 | -2.1708790884330504 |
| 2023 | -3.2411296870710196 |
| 2024 | -4.750209043396694 |
New Construction Pipeline — Monterey, CA
U.S. Census Bureau: Building Permits Survey · Market-wide
| Period ending | Value (permits) |
|---|---|
| 2024-09-01 | 1.0 |
| 2024-10-01 | 0.0 |
| 2024-11-01 | 0.0 |
| 2024-12-01 | 1.0 |
| 2025-01-01 | 0.0 |
| 2025-02-01 | 0.0 |
| 2025-03-01 | 0.0 |
| 2025-04-01 | 0.0 |
| 2025-05-01 | 3.0 |
| 2025-06-01 | 0.0 |
| 2025-07-01 | 0.0 |
| 2025-08-01 | 1.0 |
| 2025-09-01 | 1.0 |
| 2025-10-01 | 0.0 |
| 2025-11-01 | 0.0 |
| 2025-12-01 | 0.0 |
| 2026-01-01 | 0.0 |
| 2026-02-01 | 0.0 |
| 2026-03-01 | 0.0 |
| 2026-04-01 | 0.0 |
| 2026-05-01 | 0.0 |
| 2026-06-01 | 0.0 |
| 2026-07-01 | 0.0 |
| 2026-08-01 | 0.0 |
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