The New Monterey housing market is somewhat competitive. The median sale price of a home in New Monterey was $1.1M last month, up 1.1% since last year. The median sale price per square foot in New Monterey is $1.02K, up 13.3% since last year.
What is the housing market like in New Monterey today?
In October 2024, New Monterey home prices were up 1.1% compared to last year, selling for a median price of $1.1M. On average, homes in New Monterey sell after 113 days on the market compared to 25 days last year. There were 8 homes sold in October this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,123,500
+1.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
New Monterey, CA
$1,123,500
+1.1%
United States
To compare other locations to the New Monterey and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Monterey add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the New Monterey housing market?
New Monterey is somewhat competitive. Homes sell in 32 days.
0
100
60
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 32 days.
Hot homes
can sell for about 2% above list price and go pending in around 20 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on New Monterey housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in New Monterey.
Flood Factor - Major
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
New Monterey has a major risk of flooding. 11 properties in New Monterey are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in New Monterey. Flood risk is increasing slower than the national average.
50% of properties are at risk of wildfire over the next 30 years
Fire Factor
New Monterey has a moderate risk of wildfire. There are 1,076 properties in New Monterey that have some risk of being affected by wildfire over the next 30 years. This represents 50% of all properties in New Monterey.
New Monterey has minimal risk of severe winds over the next 30 years
Wind Factor
New Monterey has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.