Are house prices dropping in Monterey?

The house prices in Monterey are indeed dropping at the moment. There has been a decrease in price of $246,500.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Monterey at this time?

The housing market and house prices in Monterey are going down. The average house price is $307,500.00 and the average price per square feet is $148.71 per square foot. At the moment, there are 17 homes listed - 6 active, 1 pending, and 10 sold in Monterey.

What is the most popular place to buy a house in Monterey?

The most popular place to buy a home in Monterey is . has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Monterey?

The average amount of property taxes you would have to pay for a home in Monterey is $1,228.72. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Monterey being sold?

Properties in Monterey stay on the market for an average of 58 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Monterey?

The last home listed in Monterey was 6675 minutes ago.

Can you visit houses in Monterey?

Currently, there are 0 open houses available for viewing in Monterey.

What is the most expensive house in Monterey?

The cost of the most expensive home in Monterey is $499,900.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Monterey?

The cost of the cheapest home in Monterey is $79,900.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Monterey?

The oldest home in Monterey was built in 1900, and the newest in 2021.

How big are the homes in Monterey?