Monterey, 93940 Real Estate Overview


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  • Schools
  • Commute
  • Amenities
  • Affordability
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Average Listing Price

  • $1,204,435
  • for week ending Dec 17
  • +$91,784
  • +8.2%
  • w-o-w

Median Sales Price

  • $402,500
  • Sep '14 - Dec '14
  • $46,500
  • -10.4%
  • y-o-y

Average Listing Price $1,204,435 +8.2% w-o-w
Median Sales Price $402,500 -10.4% y-o-y
Average Price/sqft $425 +2.2% y-o-y
Number of Sales 57 -8.1 % y-o-y

Summary for Monterey, 93940


The median sales price for homes in ZIP code 93940 in Monterey from Sep 14 to Dec 14 was $402,500 based on 57 sales. Compared to the same period one year ago, the median sales price decreased 10.4%, or $46,500, and the number of sales decreased 8.1%. Average price per square foot for homes in 93940 was $425, an increase of 7.6% compared to the same period last year. There are currently 129 resale and new homes in ZIP code 93940 on Trulia, including 8 open houses, as well as 28 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 $1,204,435 for the week ending Dec 17, which represents an increase of 8.2%, or $91,784, 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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