May 2020 vs April 2020 Real Estate Market Data for Single Family Homes

Real Estate Market Data Pricing for Single Family Homes from April 2020 to May 2020.

In Monterey County, the median Single Family home cost $650,000 and sold in 18 days for 98% of the list price based on 90 sales in May 2020.

• Inventory rose 12% from April, but down -18% from May 2019 with 697 homes available, compared to 845 homes last year.

• The market slowed down - Average days on market (DOM) rose 12 days from 42 to 54 or 29%; median DOM increased by 7 days from the month before.

• Number of new listings for the month of May increased 64% over April and down -18% from May of last year.

• Closed sales dropped -32% from April from 132 to 90 and down -63% from May 2019.

real estate market data May 2020 - April 2020

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Feb.-March 2020 Market Data

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