Fantastic news for Monterey home sellers the average days on market “DOM” is 70 days the lowest level since June of 2008. The selling price per SF in June 2010 was $438 up 37.1% from June of 2009 which was $319 per SF. The inventory levels of new listing is 30 up 36.4% from June of 2009.
There were 14 homes that close escrow in the month of June, the highest sale $1,800,000 for a 1640 SF home on Boronda Lane in Alta Mes/Glenwood Circle. The low sale was $340,000 for a 626 SF home that sold on Lottie Street in the community of New Monterey.
Preview the detailed analysis below for Monterey homes market sale trends before you buy or sell you Monterey home.
