51 homes in 90032
Monterey Hills, CA
Today, the 90032 area has 51 homes for sale with a median listing price of $779K. The average price per square foot is $688.
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 72 days to sell, and sale prices have eased 6% over the last six months. At the same time, inventory is an even mix of new and older listings, and sales volume is up 13% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$779K
↑ 1% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.3 months of supply
Balanced Supply51 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~72 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 55% of current listings are under 30 days old, while the rest have been up longer.
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $259K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 6 bedrooms (+$655K)
Price Reductions
20 listings have reduced their price
39% of active listings
Average reduction: 10.0% (~$78K)
Browse homes for sale in cities near Monterey Hills
There are currently 51 homes for sale in 90032, ranging from $399,000 to $1,600,000. 7 of them hit the market within the last week.
The median list price in 90032 is $779,000. Price per square foot averages $688. Prices are up 0.6% compared to a year ago.
Homes in 90032 currently average 72 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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