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Short Sale Listings in Monterey, CA

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Monterey, CA Foreclosures

How much do homes sell for in Monterey, CA?
The average home price is currently $1,127,810.
In Monterey, CA, how many homes are available?
There are currently 8 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 $7,923,182.
What is currently the cheapest priced home in Monterey, CA?
The cheapest home for sale in Monterey is priced at $157,909.

Living in Monterey, CA

Monterey, California, is a charming coastal city known for its stunning scenery and relaxed lifestyle. With access to beautiful beaches, cultural attractions, and a strong sense of community, Monterey is ideal for those seeking both adventure and tranquility. The city also boasts a vibrant culinary scene and is home to the world-renowned Monterey Bay Aquarium, making it a highly desirable place to live.

Current Market Conditions in Monterey, CA

Monterey's real estate market has been showing signs of growth, with an increasing number of buyers seeking to invest in coastal properties. The desirable location, combined with the area's natural beauty and recreational opportunities, contributes to steady demand.

Over the past few years, there has been a significant interest in waterfront and ocean-view properties, driving prices higher. This trend is expected to continue as more people look to relocate to this picturesque city.

Home Value Estimator For Monterey, CA

There are currently 8,914 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 $1,127,810.00, with the most expensive house in Monterey, CA, topping out at $7,923,182.00 and the cheapest home in Monterey, CA, clocking in at $157,909.00. 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 Short Sale Listings

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