Q2 2024 Market Report
We have great news to report in the real estate market on the Monterey Peninsula. In the second quarter of the year, we saw the number of sales increase, sales volume increase, average sale prices increase, inventory increase and days on market decrease. Clearly, in this quarter the rain clouds lifted from above the Monterey Peninsula and so did the slow start to the year. Looking back at Q1, January and February gave some of the quietest months we have seen in years. March started a measurable recovery in both new listings and sales. This surge continued throughout the second quarter across the entire Peninsula resulting in three of the busiest months in real estate over the last two years. The sun is now shining, town is busy, and summer is in full swing. |
7/18/2024 |
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Q3 2023 Market Report |
10/23/2023 |
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Q2 2023 Market Report
The Monterey Peninsula experienced a strong rebound in the second quarter of 2023 after almost nine months of slow activity. Beginning in Q4 of last year, transaction and dollar volumes in most markets across the Peninsula were down over 50% year over year. However, in this second quarter of 2023 we saw the amount of sales increase by 25.7% and the total sales volume was up 29.3% in comparison to the first quarter of this year. |
8/24/2023 |
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2022 Annual Market Report |
2/8/2023 |
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2021 Fourth Quarter Review |
3/16/2022 |
724.8 KB |
2021 Third Quarter Report |
11/5/2021 |
608 KB |
2021 Second Quarter Report |
8/11/2021 |
613.5 KB |
2021 First Quarter Report |
4/30/2021 |
541.9 KB |
2020 Fourth Quarter Report |
1/20/2021 |
643.5 KB |
2020 Third Quarter Report |
10/27/2020 |
534.1 KB |
2020 Second Quarter Report |
8/10/2020 |
531.4 KB |
2020 First Quarter Report |
4/17/2020 |
521.4 KB |
2019 Fourth Quarter Market Report |
2/27/2020 |
778.3 KB |
2019 Third Quarter Market Report |
11/15/2019 |
134.4 KB |
2019 Second Quarter Market Report |
10/18/2019 |
290.3 KB |
2019 First Quarter Report |
4/26/2019 |
783.5 KB |
2018 Fourth Quarter Report and Year-End Report
Price Continues to Rise, but Gross Dollar Volume Plummets |
2/14/2019 |
1.67 MB |
2018 Third Quarter Market Report |
12/21/2018 |
800.9 KB |
2018 Second Quarter Market Report |
8/8/2018 |
1019.2 KB |
2018 First Quarter Market Report |
5/18/2018 |
462 KB |
Monterey Peninsula Condo Report - First Quarter 2018 - Market Continues to Hum Along |
5/18/2018 |
323.5 KB |
2017 Fourth Quarter Market Report and Year-End Report |
3/16/2018 |
246.3 KB |
Monterey Peninsula Condo Report - 4th Qrt & Year End - Market Continues Its Hot Streak |
3/16/2018 |
158.3 KB |
Monterey Peninsula Single-Family Home Market - 3rd Quarter 2017 - The Beat Goes On Market Continues To Perform Well |
12/4/2017 |
1.14 MB |
Monterey Peninsula Condo Market - 3rd Quarter 2017 - 3rd Quarter Strong |
12/4/2017 |
128.7 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2017 - Market Pauses |
9/15/2017 |
92.7 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2017 - Robust? Healthy but Not Great? Average? |
9/15/2017 |
108.1 KB |
Monterey Peninsula Condo Market - 1st Quarter 2017 - Continues Steady |
9/14/2017 |
226.9 KB |
Monterey Peninsula Single-Family Home Market - 1st Quarter 2017 - Trendless but Strong |
9/14/2017 |
280.6 KB |
Monterey Peninsula Condo Market – 4th Quarter and Year-End 2016 - Dollar Volume Highest in History, Tight Inventory Continues |
9/14/2017 |
468.4 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2016 - Prices Soar |
9/14/2017 |
271.1 KB |
Monterey Peninsula Condo Market - 3rd Quarter 2016 - Tight Inventory Cools Sales |
9/14/2017 |
208.8 KB |
Monterey Peninsula Single-Family Home Market - 3rd Quarter 2016 - Market Hot But Is Cooling |
9/14/2017 |
264.1 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2016 - Hot Market Continues |
9/14/2017 |
197.1 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2016 - Prices on the Upswing |
9/14/2017 |
310.8 KB |
Monterey Peninsula Condo Market - 1st Quarter 2016 - Huge Dollar Gain Marks the Quarter |
9/14/2017 |
199.8 KB |
Monterey Peninsula Single-Family Home Market - 1st Quarter 2016 - Market Slowdown Continues |
9/14/2017 |
236.5 KB |
Monterey Peninsula Condo Market – 4th Quarter and Year-End 2015 |
9/14/2017 |
548.1 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2015 - Luxury Market Boomed |
9/14/2017 |
579.3 KB |
Monterey Peninsula Condo Market - 3rd Quarter 2015 - Condo Report |
9/14/2017 |
588.9 KB |
Monterey Peninsula Single-Family Home Market - 3rd Quarter 2015 - Steady As She Goes |
9/14/2017 |
324.1 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2015 - Condo Report |
9/14/2017 |
332.6 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2015 - Shrinking Inventory Catching Up With The Market |
9/14/2017 |
407.5 KB |
Monterey Peninsula Condo Market - 1st Quarter 2015 - Year Opens Strong |
9/14/2017 |
208.2 KB |
Monterey Peninsula Single-Family Home Market - 1st Quarter 2015 - Strong Start to 2015 |
9/14/2017 |
210.2 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2014 - Billion Dollar Market Returns |
9/14/2017 |
314.2 KB |
Monterey Peninsula Condo Market - 3rd Quarter 2014 - Condo Report |
9/14/2017 |
137.7 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2014 - Market Pauses |
9/14/2017 |
194.1 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2014 - Steady As She Goes |
9/14/2017 |
128.5 KB |
Monterey Peninsula Condo Market - 1st Quarter 2014 - Inventory Eases a Bit |
9/14/2017 |
200 KB |
Monterey Peninsula Single-Family Home Market - 1st Quarter 2014 - Mixed Market Greets the New Year |
9/14/2017 |
138.3 KB |
Monterey Peninsula Condo Market – 4th Quarter and Year-End 2013 - Inventory Tight |
9/13/2017 |
308.6 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2013 - Second Straight Billion Dollar Year |
9/13/2017 |
143.1 KB |
Monterey Peninsula Condo Market - 3rd Quarter 2013 - Market Cools |
9/13/2017 |
203 KB |
Monterey Peninsula Single-Family Home Market - 3rd Quarter 2013 - Market Calms |
9/13/2017 |
140.9 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2013 - Condo Market Rocking |
9/13/2017 |
266.1 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2013 - Continues to Heat Up |
9/13/2017 |
221.7 KB |
Monterey Peninsula Condo Market - 1st Quarter 2013 - Market Building Momentum |
9/13/2017 |
294.4 KB |
Monterey Peninsula Single-Family Home Market - 1st Quarter 2013 - Barometer Extremely Strong |
9/13/2017 |
221.1 KB |
Monterey Peninsula Condo Market – 4th Quarter and Year-End 2012 - Condo Market Bounced Back in 2012 |
9/13/2017 |
316.5 KB |
Monterey Peninsula Condo Market - 3rd Quarter 2012 - Condo Market Barometer Hits 7 Year High |
9/13/2017 |
198.5 KB |
Monterey Peninsula Single-Family Home Market - 3rd Quarter 2012 - Good But Not Great |
9/13/2017 |
228.2 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2012 - Number of Sales Pop Up |
9/13/2017 |
167.3 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2012 - Market Retains Upward Swing |
9/13/2017 |
225.7 KB |
Monterey Peninsula Single-Family Home Market - 1st Quarter 2012 - Market Poised to Rebound |
9/13/2017 |
225.5 KB |
Monterey Peninsula Condo Market – 4th Quarter and Year-End 2011 - Declines Continue |
9/13/2017 |
110.9 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2011 - Dollar Volume Up Prices Continue Down |
9/13/2017 |
381.3 KB |
Monterey Peninsula Condo Market - 3rd Quarter - Rises Sharply |
9/13/2017 |
136.1 KB |
Monterey Peninsula Single-Family Home Market - 3rd Quarter 2011 - Carmel Remains the Market Leader |
9/13/2017 |
232.3 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2011 - Continues to be Lackluster |
9/13/2017 |
135.6 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2011 - Carmel Shines |
9/13/2017 |
233.5 KB |
Monterey Peninsula Condo Market - 1st Quarter 2011 - Year to Year Results Flat |
9/13/2017 |
134.3 KB |
Monterey Peninsula Single-Family Home Market - 1st Quarter 2011 - Peninsula Rebound Bucks National Trends |
9/13/2017 |
229 KB |
Monterey Peninsula Condo Market – 4th Quarter and Year-End 2010 |
9/13/2017 |
141 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2010 - Down Market Batters Long Term Gains |
9/13/2017 |
335.7 KB |
Monterey Peninsula Single-Family Home Market - 3rd Quarter 2010 - Market Reverses Again |
9/13/2017 |
230.5 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2010 (#2) - Gross Dollar Plunges |
9/13/2017 |
138.8 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2010 - Gross Volume Dollar Jumps |
9/13/2017 |
136.5 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2010 - Stunning Reversal of Fortune, Dollar Volume Soars |
9/13/2017 |
232.5 KB |
Monterey Peninsula Condo Market - 1st Quarter 2010 - Market Begins To Head Up |
9/13/2017 |
134.2 KB |
Monterey Peninsula Single-Family Home Market - 1st Quarter 2010 - Some Excellent Barometer Readings |
9/13/2017 |
232.1 KB |
Monterey Peninsula Condo Market – 4th Quarter and Year-End 2009 - Market Ends Grim Year |
9/12/2017 |
136.8 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2009 - Weak Year Ends With A Glimmer Of Hope |
9/12/2017 |
335.9 KB |
Monterey Peninsula Condo Market - 3rd Quarter 2009 - Condo Market Has Some Life |
9/12/2017 |
136.5 KB |
Monterey Peninsula Single-Family Home Market - 3rd Quarter 2009 - Hints Of Improvement |
9/12/2017 |
227.5 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2009 - Dollar Begins To Stabilize |
9/12/2017 |
137.2 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2009 - Elite Markets Take A Hit, Foreclosure Market Red Hot |
9/12/2017 |
235.5 KB |
Monterey Peninsula Condo Market - 1st Quarter 2009 - Dollar Volume Plunges |
9/12/2017 |
141.4 KB |
Monterey Peninsula Single-Family Home Market - 1st Quarter 2009 - National Crisis Hits, Home Prices Cracking |
9/12/2017 |
232.1 KB |
Monterey Peninsula Condo Market – 4th Quarter and Year-End 2008 - Condo Market Stuggles |
9/12/2017 |
142.6 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2008 - Market Maintains Billion Dollar Level |
9/12/2017 |
372.9 KB |
Monterey Peninsula Condo Market - 3rd Quarter 2008 Down but Not Out |
9/12/2017 |
140.6 KB |
Monterey Peninsula Single-Family Home Market - 3rd Quarter 2008 - Seaside, Marina, Del Rey Oaks Hot Rest Struggle |
9/12/2017 |
234.6 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2008 - Market Remains in Doldrums |
9/12/2017 |
139.3 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2008 - Market Winners and Losers |
9/12/2017 |
220.1 KB |
Monterey Peninsula Condo Market - 1st Quarter 2008 - Condo Market Still in Funk |
9/12/2017 |
137.8 KB |
Monterey Peninsula Single-Family Home Market - 1st Quarter 2008 - Market Still Sinking |
9/12/2017 |
250 KB |
Monterey Peninsula Condo Market – 4th Quarter and Year-End 2007 - Condo Market Wobbles Into the New Year |
9/12/2017 |
142.4 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2007 - Market Woes Continue |
9/12/2017 |
376.3 KB |
Monterey Peninsula Condo Market - 3rd Quarter 2007 - Market Barometer Hits All-Time Low |
9/12/2017 |
140.8 KB |
Monterey Peninsula Single-Family Home Market - 3rd Quarter 2007 - Bright Sun Penetrates the Gloom |
9/12/2017 |
264.5 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2007 - Market still Shuffling |
9/12/2017 |
156 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2007 - Market Slump Continues |
9/12/2017 |
239.3 KB |
Monterey Peninsula Condo Market – 4th Quarter and Year-End 2006 - Market Falls to Historic Lows |
9/12/2017 |
202.5 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2006 - Year Ends With a Thud |
9/12/2017 |
365.9 KB |
Monterey Peninsula Condo Market - 3rd Quarter 2006 - Remains in Doldrums |
9/12/2017 |
139.1 KB |
Monterey Peninsula Single-Family Home Market - 3rd Quarter 2006 - Market in Major Slowdown |
9/12/2017 |
236.4 KB |
Monterey Peninsula Condo Market - 2nd Quarter 2006 - Market Falls On Hard Times |
9/12/2017 |
204.8 KB |
Monterey Peninsula Single-Family Home Market - 2nd Quarter 2006 - Market Tumbles, Supply Outstrips Demand |
9/12/2017 |
238.2 KB |
Monterey Peninsula Condo Market - 1st Quarter 2006 - Condo Market Remains Healthy |
9/12/2017 |
203 KB |
Monterey Peninsula Single-Family Home Market - 1st Quarter 2006 - Market Slowdown Continues |
9/12/2017 |
236.5 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2005 |
9/11/2017 |
279.5 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2004 |
9/11/2017 |
337.8 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2003 |
9/11/2017 |
287.7 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2002 |
9/11/2017 |
261.8 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2001 |
9/11/2017 |
264.6 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 2000 |
9/11/2017 |
277.5 KB |
Monterey Peninsula Single-Family Home Market - 4th Quarter and Year-End 1999 |
9/11/2017 |
222.8 KB |
Monterey Peninsula Condo Market - 3rd Quarter 2005 |
9/11/2017 |
204.4 KB |
Monterey Peninsula Condo Market - 4th Quarter and Year End 2005 |
9/11/2017 |
258.6 KB |
Monterey Peninsula Condo Market - 4th Quarter and Year End 2004 |
9/11/2017 |
132.9 KB |
Monterey Peninsula Condo Market - 4th Quarter and Year End 2003 |
9/11/2017 |
229 KB |
Monterey Peninsula Condo Market - 4th Quarter and Year End 2002 |
9/11/2017 |
218.7 KB |
Monterey Peninsula Condo Market - 4th Quarter and Year End 2001 |
9/11/2017 |
221.6 KB |
Monterey Peninsula Condo Market - 4th Quarter and Year End 2000 |
9/11/2017 |
232.3 KB |
Monterey Peninsula Condo Market - 4th Quarter and Year End 1999 |
9/11/2017 |
189.7 KB |