Real Estate Overview for Monterey, 93940


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  • Schools
  • Commute
  • Amenities
  • Affordability
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Average Listing Price

  • $1,075,302
  • for week ending Jun 17
  • -$187,023
  • -14.8%
  • w-o-w

Median Sales Price

  • $540,000
  • Mar '15 - Jun '15
  • +$330,000
  • +157.1%
  • y-o-y

Average Listing Price $1,075,302 -14.8% w-o-w
Median Sales Price $540,000 +157.1% y-o-y
Average Price/sqft $430 -100.0% y-o-y
Number of Sales 57 -9.5 % y-o-y

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Most popular zip codes Avg. listing Price
Week ending Jun 17
w-o-w
93940 $1,075,302 -14.8%
93923 $2,800,920 +9.2%
93950 $1,087,472 +0.4%
93906 $338,119 -3.1%
93953 $3,232,040 -6.6%
Movers & Shakers Avg. listing price
Week ending Jun 17
w-o-w
93426 $315,981 -17.8%
93940 $1,075,302 -14.8%
93446 $873,968 +11.4%
93923 $2,800,920 +9.2%
95012 $288,720 +7.5%
View Monterey County Home Prices Map

Summary for Monterey, 93940


The median sales price for homes in ZIP code 93940 in Monterey from Mar 15 to Jun 15 was $540,000 based on 57 sales. Compared to the same period one year ago, the median sales price increased 157.1%, or $330,000, and the number of sales decreased 9.5%. Average price per square foot for homes in 93940 was $430, an increase of 10.8% compared to the same period last year. There are currently 136 resale and new homes in ZIP code 93940 on Trulia, including 15 open houses, as well as 24 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 93940 was $1,075,302 for the week ending Jun 17, which represents a decrease of 14.8%, or $187,023, compared to the prior week.


District Type Grades Schools Students
Monterey Peninsula Unified Public K - 12 22 11,132
School Name School Type Grades Parent Rating
York School Private 8 - 12
Trinity Christian High School Private 9 - 12
Santa Catalina School Catholic PK - 12
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Homes for Sale in 93940
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