Here are the May Market Action Reports. Oh, this market…
- Thankfully, inventory is climbing out of the basement.
- However, demand is still outstripping supply.
- We’re still seeing multiple offer scenarios and over asking closings.
- YTD for all of Monterey County the list price to sale price ratio is 100.3%.
- Average sale prices in Monterey County are up 12% YTD
- The projection is continued appreciation just at a slower pace.
If you have any questions about where you stand in the market please do not hesitate to contact me.
I would be happy to help and answer any of your questions.
