Monterey

Monterey County California is one of the most beautiful areas of the state located centrally on the California Coast overlooking Monterey Bay. It is a neighbor to the always popular Santa Cruz County and is just a short distance south of the San Francisco area as well as Silicon Valley. There are many gorgeous beautiful towns that make up Monterey County, the most notable of course being the actual city of Monterey itself. 

Here are some of the Most Popular Places to Live in Monterey County

Carmel By The Sea

Carmel is one of the most iconic and beautiful towns in Monterey County. The village looks like something out of a fairy tale. The homes within Carmel proper are kept within strict building codes and upkeep measures to ensure the the center of the city or village maintains its charm. Many of the homes you will find closest to the commercial downtown hub referred to as the village are cute cottages that seem like they were built for the likes of a theme park or movie tent. 

Carmel has earned several best of titles including the best place to retire. Carmel is not the most budget-friendly town to live but it defiantly is the most picturesque. 

Marina 

Marina is aptly named because it is located right on the coast. It is a very popular place to reside for boat owners. It is also well-known as a great area for fishing...

Monterey County Real Estate Market

Demand for real estate in Monterey County remains high going into 2022, with inventory down 42% since this time last year. Homes continue to bring in multiple offers above asking, even more than they did in January of 2021. We are seeing properties remain on the market slightly longer than they did in January last year, about 7 DOM longer on average.

Similar stats are found in condo, townhome, and single family home sales, reflecting the trend we have been seeing all year: everyone wants to buy in Monterey County and they are willing to pay top dollar in this highly desirable market no matter the type of property. The median single family home price in Monterey County in January 2022 was $875,000 for single family homes and $730,000 for condos and townhomes.

We saw a 5% decrease in inventory from January 2021 to January 2022, but there were many more homes on the market in January 2022 than December 2021, with a 50% increase in single family home listings and a 131% increase in townhome and condo listings.

For more information about the Monterey County real estate market, contact our office at any time!

View The MLS Listings Silicon Valley and Coastal Regions Single Family Home Market Overview

San Mateo County Real Estate Market Update January 2022

San Mateo County remains a hot sellers market, with only a slight increase in inventory since December of last year. With 37% less townhome and condo inventory and 45% less single family home inventory compared to January 0f 2021, even the slight increase in recent months has not brought demand or prices down.

The median single family...