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Homes for Sale in MONTEREY, CA
MONTEREY
Under $600,000
$600,000 to $700,000
$700,000 to $800,000
$800,000 to $900,000
$900,000 to $1,000,000
$1,000,000 to $1,500,000
$1,500,000 to $2,000,000
Over $2,000,000
Homes for Sale in PACIFIC GROVE, CA
PACIFIC GROVE
Under $600,000
$600,000 to $700,000
$700,000 to $800,000
$800,000 to $900,000
$900,000 to $1,000,000
$1,000,000 to $1,500,000
$1,500,000 to $2,000,000
Over $2,000,000
Homes for Sale in PEBBLE BEACH, CA
PEBBLE BEACH
Under $600,000
$600,000 to $700,000
$700,000 to $800,000
$800,000 to $900,000
$900,000 to $1,000,000
$1,000,000 to $1,500,000
$1,500,000 to $2,000,000
Over $2,000,000
Homes for Sale in CARMEL, CA
CARMEL
Under $600,000
$600,000 to $700,000
$700,000 to $800,000
$800,000 to $900,000
$900,000 to $1,000,000
$1,000,000 to $1,500,000
$1,500,000 to $2,000,000
Over $2,000,000
Homes for Sale in CARMEL VALLEY, CA
CARMEL VALLEY
Under $600,000
$600,000 to $700,000
$700,000 to $800,000
$800,000 to $900,000
$900,000 to $1,000,000
$1,000,000 to $1,500,000
$1,500,000 to $2,000,000
Over $2,000,000

BIG SUR
Under $600,000
$600,000 to $700,000
$700,000 to $800,000
$800,000 to $900,000
$900,000 to $1,000,000
$1,000,000 to $1,500,000
$1,500,000 to $2,000,000
Over $2,000,000
Homes for Sale in CARMEL HIGHLANDS, CA
Marina
Under $600,000
$600,000 to $700,000
$700,000 to $800,000
$800,000 to $900,000
$900,000 to $1,000,000
$1,000,000 to $1,500,000
$1,500,000 to $2,000,000
Over $2,000,000

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SEASIDE

Under $600,000
$600,000 to $700,000
$700,000 to $800,000
$800,000 to $900,000
$900,000 to $1,000,000
$1,000,000 to $1,500,000
$1,500,000 to $2,000,000
Over $2,000,000
Homes for Sale in PRUNEDALE, CA
PRUNEDALE
Under $600,000
$600,000 to $700,000
$700,000 to $800,000
$800,000 to $900,000
$900,000 to $1,000,000
$1,000,000 to $1,500,000
$1,500,000 to $2,000,000
Over $2,000,000

Welcome

Welcome to the premier resource for all real estate information and services in the area. I hope you enjoy your visit and explore everything my realty website has to offer, including Monterey Peninsula real estate listings, information for homebuyers and sellers, and more About Me, your professional Monterey Peninsula Realtor.

Looking for a new home? Use Quick Search or Map Search to browse an up-to-date database list of all available properties in the area, or use my Dream Home Finder form and I'll conduct a personalized search for you.

If you're planning to sell your home in the next few months, nothing is more important than knowing a fair asking price. I would love to help you with a FREE Market Analysis. I will use comparable sold listings to help you determine the accurate market value of your home.
 

You need a local expert working for you
With my knowledge of the local Monterey Peninsula real estate market, I know how to help you with your unique needs and protect your best interests through every aspect of a real estate transaction. I am focused on providing you with the most personal attention and best service available. 

You need the advice of a Real Estate Professional
The Internet is a great place to find information. But it can't provide the in depth local knowledge and personalized service that I can provide. The challenges of the real estate industry are getting more complex every day. You need a professional that is on top of the market and is prepared to protect your interests and guide you throughout the process. As a Monterey Peninsula real estate expert I am constantly researching the market and analyzing home prices so I can serve you with the latest and most accurate information.

For most families, buying or selling a home is one of the biggest decisions you'll ever make. I'd be honored for the opportunity to work for you. 

Real Estate News

Latest Realty News from NAR

REALTORSĀ® Confidence Index Survey: September 2018 Highlights

The REALTORS® Confidence Index (RCI) survey[1] gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[2] This report presents key results about market transactions from September 2018. View and download the full report here.

Market Conditions and Expectations

  • The REALTORS® Buyer Traffic Index registered at 51 (61 in September 2017).[3]
  • The REALTORS® Seller Traffic Index registered at 41 (45 in September 2017).
  • The REALTORS® Confidence Index—SixMonth Outlook Current Conditions registered at 53 for detached single-family, 44 for townhome, and 43 for condominium properties. An index above 50 indicates market conditions are expected to improve.
  • Properties were typically on the market for 32 days (34 days in September 2017).
  • Eighty-one percent of respondents reported that home prices remained constant or rose in September 2018 compared to levels one year ago (85 percent in September 2017).

Characteristics of Buyers and Sellers

  • First-time buyers accounted for 32 percent of sales (29 percent in September 2017).
  • Vacation and investment buyers comprised 13 percent of sales (15 percent in September 2017).
  • Sales of distressed properties (foreclosed or sold as a short sale) accounted for three percent of sales (four percent in September 2017).
  • Cash sales made up 21 percent of sales (20 percent in September 2017).
  • Twenty percent of sellers offered incentives such as providing warranty (9 percent), paying for closing costs (8 percent), undertaking remodeling (3 percent), and providing appliances (1 percent).[4]

Issues Affecting Buyers and Sellers

  • From July–September 2018, 74 percent of contracts settled on time (73 percent in September 2017).
  • Among sales that closed in September 2018, 73 percent had contract contingencies. The most common contingencies pertained to home inspection (55 percent), obtaining financing (42 percent), and getting an acceptable appraisal (42 percent).
  • REALTORS® report “low inventory” and “interest rate” as the major issues affecting transactions in September 2018.

About the RCI Survey

  • The RCI Survey gathers information from REALTORS® about local market conditions based on their client interactions and the characteristics of their most recent sales for the month.
  • The September 2018 survey was sent to 50,000 REALTORS® who were selected from NAR’s 1.3 million members through simple random sampling and to 10,912 respondents in the previous three surveys who provided their email addresses.
  • There were 5,003 respondents to the online survey which ran from October 1-10, 2018. The survey’s overall margin of error at the 95 percent confidence level is one percent. The margins of error for subgroups and sample proportions of below or above 50 percent are larger.
  • NAR weighs the responses by a factor that aligns the sample distribution of responses to the distribution of NAR membership.

The REALTORS® Confidence Index is provided by NAR solely for use as a reference. Resale of any part of this data is prohibited without NAR’s prior written consent. For questions on this report or to purchase the RCI series, please email: Data@realtors.org


[1] Thanks to George Ratiu, Managing Director, Housing and Commercial Research and Gay Cororaton, Research Economist for their data analysis and comments to the RCI Report.

[2] Respondents report on the most recent characteristics of their most recent sale for the month.

[3] An index greater than 50 means more respondents reported conditions as “strong” compared to one year ago than “weak.” An index of 50 indicates a balance of respondents

who viewed conditions as “strong” or “weak.”

[4] The difference in the sum of percentages to the total percentage of sellers who offered incentives is due to rounding.

September 2018 Existing-Home Sales

  • NAR released a summary of existing-home sales data showing that housing market activity this September was down 3.4 percent from last month, and dropped 4.1 percent from last year. September’s existing-home sales reached a 5.15 million seasonally adjusted annual rate, which was the lowest since November 2015 when the index reached 4.78 million.

  • The national median existing-home price for all housing types was $258,100 in September, up 4.2 percent from a year ago. This marks the 79th consecutive month of year-over-year gains.

  • Regionally, all four regions showed growth in prices from a year ago, with the West and Northeast both having the biggest advance of 4.1 percent. The South had a gain of 3.0 percent. The Midwest had the smallest gain of 1.9 percent from September 2017.
  • September’s inventory figures are down from last month to 1.88 million homes for sale. Compared with September of 2017, there was a 1.1 percent increase in inventory levels. It will take 4.4 months to move the current level of inventory at the current sales pace. It takes approximately 32 days for a home to go from listing to a contract in the current housing market, down from 34 days a year ago.

  • From August 2018, three of the four regions experienced declines in sales. The South had the biggest decline of 5.4 percent followed by the West with a dip in sales of 3.6 percent. The Northeast had a dip of 2.9 percent. The Midwest region was flat showing no change in sales.
  • All four regions showed declines in sales from a year ago. The West had the biggest drop in sales of 12.2 percent. The Northeast had a decline of 5.6 percent followed by the Midwest with a decline of 1.5 percent. The South had the smallest drop in sales of 0.5 percent. The South led all regions in percentage of national sales, accounting for 41.0 percent of the total, while the Northeast had the smallest share at 13.2 percent.

  • In September, single-family and condominiums sales were both down 3.4 percent compared to last month. Single-family home sales fell 4.0 percent and condominium sales were down 5.0 compared to a year ago. Both single-family and condominiums had an increase in price with single-family up 4.6 percent at $260,500 and condominiums up 1.50 percent at $239,200 from September 2017.
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Arleen Hardenstein

Phone: 831-915-8989
Email Arleen

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Arleen Hardenstein | Sotheby's International Realty | Phone: 831-915-8989 | Email Me
Pacific Grove, CA 93950

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