Salinas Monterey Highway Market Reports

The Monterey Peninsula is NOT in a recession, real estate sales are happening like crazy. The deals are everywhere to be found if you have cash, or can qualify for a loan.  The top home sale in October along the Salinas Monterey Corridor was a home that sold on Tesoro Road Continue Reading

Wow! September 2010 real estate sales for the Salinas Monterey Highway were amazing, the second highest monthly sales performance in 36 months.  The most remarkable sales was a short sale property that sold in Pasadera Country Club for $1,990,000.  This luxurious 8200 Sqft Continue Reading

Home sellers living along the Salinas Monterey Highway have seen solid real estate sales  all year long, still out performing last year sales by 3%.  In August the top luxury sales was for a home located on Whip Road that sold for $2,149,000.  This estate featured panoramic Continue Reading

Salinas Monterey homes sales volume trended downward for July 2010 with 7 homes closing escrow, a drop from the 18 sales in June!  Good news is that year to date sales is 8.5% ahead of last year, and the median sales price of $635,000 is almost 50% better than July 2009 Continue Reading

Home owners living along the Salinas Monterey Highway should be pleased to see that June YTD sales of 82 are running 13.9% ahead of last year's year-to-date sales of 72. Inventory levels of home on the market was 137 the lowest compared to June of 2009 and 2008. The big Continue Reading