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Preforeclosure Homes in Monterey, CA 93923

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Monterey, CA Foreclosures

How much do homes sell for in Monterey, CA?
The average home price is currently $1,129,106.
In Monterey, CA, how many homes are available?
There are currently 10 active home listings available in Monterey.
What’s the average rental cost in Monterey, CA?
The average rental price in Monterey is $2,665.
What is the most expensive home in Monterey?
The most expensive home sold in Monterey had a price of $8,115,259.
What is currently the cheapest priced home in Monterey, CA?
The cheapest home for sale in Monterey is priced at $121,626.

Living in Monterey, CA

Monterey, CA, is a picturesque coastal city known for its incredible marine life and stunning ocean views. With a rich cultural heritage and numerous recreational activities, Monterey offers a perfect mix of leisure and history. Outdoor enthusiasts can explore its natural beauty while enjoying a vibrant local community.

Current Market Conditions in Monterey, CA

The real estate market in Monterey has been experiencing a steady demand due to its desirable coastal location and appealing lifestyle. Homes in the area are often considered a great investment, as they attract both families and retirees looking for a scenic place to live.

Currently, there is a limited supply of homes for sale, which has contributed to a competitive market with rising prices. Buyers are often presented with multiple offers, and homes are selling quickly, indicating a strong demand in this desirable location.

Home Value Estimator For Monterey, CA

There are currently 8,956 real estate properties in Monterey, CA, with a median automated valuation model (AVM) price of $1,018,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monterey, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Monterey, CA, is $1,129,106.00, with the most expensive house in Monterey, CA, topping out at $8,115,259.00 and the cheapest home in Monterey, CA, clocking in at $121,626.00. In other words, there’s something for every potential homebuyer or savvy investor in Monterey, CA!

Rent Prices In Monterey, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monterey, CA, is on a rollercoaster ride. The average rent price in Monterey, CA, is $2,665.00. Indeed, when looking to rent in Monterey, CA, you can expect to pay as little as $1,300.00 or as much as $5,480.00, with the average rent median estimated to be $2,540.00. The good news is that finding an affordable and desirable property to rent in Monterey, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Monterey, CA 93923 Preforeclosure Homes


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