Monterey, CA 93940 Real Estate & Property Data

Monterey, CA 93940 Real Estate Market Trends
Last Updated: August 30, 2025

A total of 314 residential properties have been sold over the past 12 months in 93940. With a median sales price of $1,347,500 in 93940 and a total of 2 foreclosures in Monterey, CA 93940. Discover market trends and get the granular level real estate data for Monterey, CA 93940 to keep your pulse on the housing market. Curate compelling home reports for Monterey, CA 93940 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Monterey, CA 93940 Real Estate Market Trends
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 93940 Real Estate Overview

There were 314 residential properties sold in the past year in Monterey, CA 93940. The median home value in Monterey, CA 93940 is $1,137,798. There are a total of 8,868 residential properties in the 93940.

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 93940 Foreclosure Activity

There were a total of 2 Monterey, CA 93940 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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