$2,950,000
1,259 SqFt
2 Beds
•2 Full Baths
BambacePetersonTeam, Listing Office: Compass
Is Seaside-Monterey, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Seaside-Monterey has remained a Seller's Market.
Key Takeaway
Seaside-Monterey is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seaside-Monterey, CA
How much do homes in Seaside-Monterey, CA cost?
Median Sold Price
$1,050,083
$710/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$75,488(-6.7%)
Key Takeaway
Homes in Seaside-Monterey have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Seaside-Monterey was $1,050,083 in November 2024, down 6.7% from last year, and the median price per square foot was $710.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $520K | $577K | +11.0% |
| 2 Bedrooms | $820K | $894K | +9.0% |
| 3 Bedrooms | $1.1M | $1.0M | -11.1% |
| 4 Bedrooms | $1.5M | $1.5M | 0.0% |
| 5+ Bedrooms | $2.1M | $2.7M | +32.1% |
Summary: Seaside-Monterey housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 9%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 32.1%.
Housing Supply in Seaside-Monterey, CA
How many homes are available in Seaside-Monterey, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 303 | 285 | -5.9% |
Summary: The Seaside-Monterey real estate market had 285 homes for sale in November 2024, a 5.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 15 | -28.6% |
| 2 Bedrooms | 64 | 61 | -4.7% |
| 3 Bedrooms | 135 | 130 | -3.7% |
| 4 Bedrooms | 56 | 50 | -10.7% |
| 5+ Bedrooms | 27 | 29 | +7.4% |
Summary: The Seaside-Monterey housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 61 | -15.3% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seaside-Monterey, you may be able to get a good deal. 66.1% of homes here sold below asking price last month.
Summary: A total of 61 homes were sold or pending in Seaside-Monterey in November 2024, down by 15.3% month-over-month. Of the 59 sold homes, 66% were sold under asking, 19% were sold at asking, and 15% were sold over asking.
Days on Market for Seaside-Monterey, CA
How long does it take to sell a home in Seaside-Monterey, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 56 Days | +54.5% |
Summary: Homes in Seaside-Monterey had an average of 56 days on market in Nov 2024, up by 54.5% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seaside-Monterey are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 61 homes were sold in Seaside-Monterey; 44% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.