MONTEREY COUNTY HOMES SOLD REPORT FEBRUARY 2015

3581336_s

Monterey County Citywise Report for February 2015

The actual numbers show homes sold in Feb 2015 was less than Feb 2014. Total homes sold in Feb 2014 was 176, Jan 2015 was 191 and Feb 2015 was 157.The average SP/LP % ( Sales Price/List Price %) in Feb 2014 was 98.70% and average SP/LP% in Feb 2015 was 96.54%.The average listing days in Monterey County last Feb 2014 was 97 Days. This moved up to 124 Days in Feb 2015.Average price in Feb 2014 was $599,860. Average price in Feb 2015 was at $741,673.

Monterey County Citywise  Homes Sales

Number of homes sold was analyzed for 11 cities.

    • 7 cities saw an increase or equal in volume compared to corresponding period in Feb 2014.
    • 9 cities saw a drop or equal in volume in Feb 2015 compared to Jan 2015.
    • On the flip side 5 cities saw a drop or equal in volume in Feb 2015 compared to Feb 2014.
    • Total homes sold in Feb 2014 was 176, Jan 2015 was 191 and Feb 2015 was 157.

MO sold

Monterey County SP/LP%

      • Every city except King City  had sales closings below asking price in the month of Feb 2015.
      • The situation was different in Feb 2014.Gonzales, Green Field, Marina, Prunedale and Soledad had sales above asking price.
      • The average SP/LP % ( Sales Price/List Price %) in Feb 2014 was 98.70% and average SP/LP% in Feb 2015 was 96.54%.

MO SPLP

Monterey Cities Days on Market ( DOM)

        • Listings in 6 cities out of 18 cities reviewed took less time to sell, in Feb 2015 as compared to listings sold in Feb 2014.
        • Listings in Carmel (142), Carmel Valley (122), Gonzales (117), Marina (102), Monterey (107) and Seaside (134) took 100 or more days to sell
        • Listings in Carmel Highlands (216), Pebble Beach (215), Prunedale (279) and Royale Oaks (206) took 200 or more days to sell.
        • All other cities fell between  an average between 49-99 days.
        • The average listing days in Monterey County last Feb 2014 was 97 Days. This moved up to 124 Days in Feb 2015.

MO DOM

Monterey County Citywise Average Prices

          • Citywise Average sales price was analysed for 11 cities in Monterey county for last 1 year.
          • Listings in 8 cities saw a price increase in Feb 2015  compared to last Feb 2014.
          • Every City also saw price increase compared to previous month of Jan 2015.
          • Average price in Feb 2014 was $599,860. Average price in Feb 2015 was at $741,673.

MO AVG

[FBW]

Share your thoughts