Real Estate Overview for Monterey, 93940


  • Crime
  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
  • Hazards

Average Listing Price

  • $968,374
  • for week ending Aug 12
  • +$47,712
  • +5.2%
  • w-o-w

Median Sales Price

  • $470,000
  • May '15 - Aug '15
  • +$30,000
  • +6.8%
  • y-o-y

Average Listing Price $968,374 +5.2% w-o-w
Median Sales Price $470,000 +6.8% y-o-y
Average Price/sqft $424 +5.0% y-o-y
Number of Sales 77 +20.3 % y-o-y

<
Most popular zip codes Avg. listing Price
Week ending Aug 12
w-o-w
93940 $968,374 +5.2%
93923 $2,612,778 +4.2%
93950 $1,209,331 -1.6%
93953 $3,381,172 +4.7%
93906 $319,268 -2.1%
Movers & Shakers Avg. listing price
Week ending Aug 12
w-o-w
93927 $410,812 +14.5%
95004 $459,500 +13.2%
93940 $968,374 +5.2%
93953 $3,381,172 +4.7%
93907 $455,468 +4.4%
View Monterey County Home Prices Map

Summary for Monterey, 93940


The median sales price for homes in ZIP code 93940 in Monterey from May 15 to Aug 15 was $470,000 based on 77 sales. Compared to the same period one year ago, the median sales price increased 6.8%, or $30,000, and the number of sales increased 20.3%. Average price per square foot for homes in 93940 was $424, an increase of 6% compared to the same period last year. There are currently 129 resale and new homes in ZIP code 93940 on Trulia, including 4 open houses, as well as 42 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 $968,374 for the week ending Aug 12, which represents an increase of 5.2%, or $47,712, 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
View all Monterey Schools
  • $ Enter a value greater than 0.
    % Enter a value between 0-100%.
    % Enter a value between 0-30%.
  • $ Enter a value greater than 0.
    % Enter a value between 0-100%.
    $ Enter a value greater than 0.
    Enter a value between 1-30.
Homes for Sale in 93940
View all 93940 Homes for Sale