Monterey, 93940 Real Estate Overview


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  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
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  • Unnatural Hazards

Average Listing Price

  • $1,117,322
  • for week ending Oct 22
  • +$56,877
  • +5.4%
  • w-o-w

Median Sales Price

  • $450,000
  • Jul '14 - Oct '14
  • +$32,500
  • +7.8%
  • y-o-y

Average Listing Price $1,117,322 +5.4% w-o-w
Median Sales Price $450,000 +7.8% y-o-y
Average Price/sqft $413 +4.3% y-o-y
Number of Sales 54 -22.9 % y-o-y

Summary for Monterey, 93940


The median sales price for homes in ZIP code 93940 in Monterey from Jul 14 to Oct 14 was $450,000 based on 54 sales. Compared to the same period one year ago, the median sales price increased 7.8%, or $32,500, and the number of sales decreased 22.9%. Average price per square foot for homes in 93940 was $413, an increase of 9.8% compared to the same period last year. There are currently 164 resale and new homes in ZIP code 93940 on Trulia, including 32 open houses, as well as 30 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 $1,117,322 for the week ending Oct 22, which represents an increase of 5.4%, or $56,877, 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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