93940 Home Values & Market Trends
There are 14 homes currently listed for 93940. 93940 real estate market trends show that home prices range from $555,000 to $2,275,000, and the median sales price in the 93940 zip code is $1,103,888.56. The total number of properties sold within the past twelve months is 289. In 93940, 11 properties are in foreclosure, 0 are bank owned properties,and 4 are headed for auction.
93940 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Monterey | $ 1,155,500 $ 751/sqft |
Housing Market Summary for 93940
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $1.3M | $1.1M | -16.74% |
| Median Sold Price | $1.1M | $1.1M | -2.98% |
| Homes For Sale | 16 | 9 | -43.75% |
| Homes Sold | 281 | 274 | -2.49% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 93940
Browse Homes in 93940
The median list price of a home in Monterey, is $1,103,888.56. A total of 14 properties are for sale, and the percentage of properties for sale in the zip code is 14.00%. The total count of 93940 properties is 8,821.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in 93940 with monterey containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 93940; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,350,270 in monterey to the lowest home value of $463,000 in monterey.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 93940 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 93940. There is 1 cities within 93940; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmonterey has 3 auction properties, the highest number of properties going to auction in a single city in the state of 93940. Auction homes and other auction properties account for 0.05% of all properties in 93940. There is 1 cities within 93940; of that cities, the median estimated home value for homes going to auction ranges from $3,259,000 in monterey to the lowest value of $697,500 in monterey.
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Guide for 93940
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