Old Town · Monterey, CA

Is Now a Good Time to Sell in Old Town, Monterey?

The median home in Old Town sells for $1,281,250 with prices up 35% year-over-year. Ridley's flat fee saves you $34,939.

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Old Town Real Estate Market Conditions

56out of 100

Ridley Sell Score

How it's scored →

Moderate

56/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Old Town market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. California average is 3.5.

Price MomentumFavors sellers

Prices up 34.868421049999995% year-over-year — vs. +0.7% statewide.

Seller LeverageFavors buyers

Homes selling at 93.02% of asking — buyers are negotiating 7% below list. California average is 99.4%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the California average of 29.7%.

Sale SpeedFavors sellers

23 median days on market — 32 days faster than the California average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 37.1% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. California average is 20.8%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$1,281,250

+35%

Days on Market

23

Price per Sq Ft

$653

Sale-to-List Ratio

93.02%

Homes Sold

4

Pending in 2 Weeks

50%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Monterey — delivered monthly.

Your savings

How much can you save selling in Old Town?

$0Estimated savings

That's a new car — paid in full — save 2.7% of your home value

$1,281,250

$50,000$10M

Traditional Agent (3%)

$38,438

Ridley Pro (flat fee)

$3,499

Ready to sell in Old Town?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Old Town

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$38,438$3,499$999
Buyer agent$35,8752.8% avg$25,625~2% avg$25,625~2% avg
Closing costs (~1.5%)$19,219$19,219$19,219
Total cost$93,532$48,343$45,843
You save$34,939$37,439

Based on the Old Town median home price of $1,281,250. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Old Town

A flat fee of $3,499 instead of the typical $38,438 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Old Town market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Old Town buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $34,939 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Old Town

Ready to sell in Old Town?

Save $34,939

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