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Monterey, CA Real Estate & Property Data

Monterey Real Estate Market Trends

Last Updated: August 30, 2025

It is crucial to have accurate and comprehensive real estate data to gain insights into the city of Monterey, CA. ATTOM offers up to date Monterey real estate data that is refreshed daily. Current market trends reveal that in the past year, 314 residential properties have been sold in Monterey, CA, with a median home price of $1,347,500. The average square footage of these properties is 1,911 sq ft, and the effective property tax rate is 0.59%. Additionally, there have been 2 foreclosures in the area in the past month. ATTOM is your one-stop-shop for detailed property data in Monterey, CA, providing you with the real estate information you need.

Monterey Real Estate Market Trends

Get property data for any address in Monterey, CA or the country:

Total Residential Properties 8,868

Total Commercial Properties 1,560

Avg. Home Age (Single Family Home) 63 Years

Avg. Square Feet (Single Family Home) 1,911

Total 2025 Residential Sales (year-to-date) 148

% of Homes Seriously Underwater (Q3 2025) 1.79%

Total 2024 Residential Sales 290

% of Equity Rich Homes (Q3 2025) 53.81%

Effective 2024 Property Tax 0.59%

Total Foreclosure Filings (year-to-date) 11

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Monterey, CA Real Estate Overview

In the last year, 314 residential properties were sold in Monterey, CA, with a median home value of $1,137,798. Monterey, CA has a total of 8,868 residential properties, including properties across 3 zip codes and 442 streets.

Median Sales Price i

$1,347,500

(Jun 2025)

+10%

year-over-year

y-o-y

June '25 Jun '25 $1,347,500
May '25 May '25 $1,140,000
April '25 Apr '25 $1,235,000
March '25 Mar '25 $1,482,500
February '25 Feb '25 $1,001,500
January '25 Jan '25 $1,299,000
December '24 Dec '24 $1,298,500
November '24 Nov '24 $779,500
October '24 Oct '24 $1,085,000
September '24 Sep '24 $1,275,000
August '24 Aug '24 $1,050,000
July '24 Jul '24 $1,287,000

Median Down Payment i

$682,500

(Jun 2025)

+12.8%

year-over-year

y-o-y

June '25 Jun '25 $682,500
May '25 May '25 $300,000
April '25 Apr '25 $325,000
March '25 Mar '25 $689,000
February '25 Feb '25 $177,750
January '25 Jan '25 $750,000
December '24 Dec '24 $513,320
November '24 Nov '24 $155,154
October '24 Oct '24 $350,000
September '24 Sep '24 $290,000
August '24 Aug '24 $277,000
July '24 Jul '24 $612,500

Number of Homes Sold i

26

(Jun 2025)

-10.3%

year-over-year

y-o-y

June '25 Jun '25 26
May '25 May '25 28
April '25 Apr '25 29
March '25 Mar '25 17
February '25 Feb '25 34
January '25 Jan '25 14
December '24 Dec '24 13
November '24 Nov '24 16
October '24 Oct '24 28
September '24 Sep '24 26
August '24 Aug '24 33
July '24 Jul '24 21

Number of Purchase Loans i

14

(Jun 2025)

-22.2%

year-over-year

y-o-y

June '25 Jun '25 14
May '25 May '25 17
April '25 Apr '25 14
March '25 Mar '25 8
February '25 Feb '25 21
January '25 Jan '25 10
December '24 Dec '24 10
November '24 Nov '24 12
October '24 Oct '24 29
September '24 Sep '24 19
August '24 Aug '24 17
July '24 Jul '24 15

Number of REFI Loans i

6

(Jun 2025)

-40%

year-over-year

y-o-y

June '25 Jun '25 6
May '25 May '25 10
April '25 Apr '25 7
March '25 Mar '25 9
February '25 Feb '25 6
January '25 Jan '25 12
December '24 Dec '24 13
November '24 Nov '24 8
October '24 Oct '24 10
September '24 Sep '24 14
August '24 Aug '24 9
July '24 Jul '24 9

Number of HELOC Loans i

11

(Jun 2025)

+450%

year-over-year

y-o-y

June '25 Jun '25 11
May '25 May '25 8
April '25 Apr '25 6
March '25 Mar '25 6
February '25 Feb '25 13
January '25 Jan '25 4
December '24 Dec '24 6
November '24 Nov '24 8
October '24 Oct '24 8
September '24 Sep '24 9
August '24 Aug '24 9
July '24 Jul '24 7

Monterey, CA Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value
Zip

Median Est. Value

93940

$1,137,798 $595.39/sqft
93943
93944

Monterey, CA Foreclosure Activity

There were a total of 2 Monterey, CA properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

2

(Jun 2025)

-33.3%

year-over-year

y-o-y

June '25 Jun '25 2
May '25 May '25 2
April '25 Apr '25 1
March '25 Mar '25 N/A
February '25 Feb '25 5
January '25 Jan '25 1
December '24 Dec '24 4
November '24 Nov '24 3
October '24 Oct '24 4
September '24 Sep '24 3
August '24 Aug '24 1
July '24 Jul '24 5

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 1
March '25 Mar '25 N/A
February '25 Feb '25 2
January '25 Jan '25 1
December '24 Dec '24 1
November '24 Nov '24 2
October '24 Oct '24 3
September '24 Sep '24 2
August '24 Aug '24 1
July '24 Jul '24 5

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 1
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

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