There were 15 Monterey Real Estate sales for the month of August, down 63.4% from 41 in August of 2021 and 25.0% lower than the 20 sales last month. August 2022 sales were at their lowest level compared to August of 2021 and 2020.
The number of New Listings in August 2022 was 29, up 16.0% from 25 last month and down 34.1% from 44 in August of last year. 8360 Monterra Views, located in the Monterra community hit the market in August at a list price of $4.99 million. While the home is currently under construction it can be purchased now which gives the buyer(s) opportunity to choose their finishes and make it their home. This home features 4 bedrooms, 4.5 baths, 4,715 SqFt of living space on 1.2+ acres with Ocean views.
There are currently 40 homes active on the market with an average list price of 2.662 million and 15 homes pending sale.