The Monterey Peninsula had a very strong first quarter in 2021. The total number of sales and total volume increased over the previous Q1 in almost all of the 9 markets we track. As reported in our 2020 annual report, last year was a very dynamic year. Q1 of last year started out strong, but by the middle of March, volume dramatically declined due to the initial COVID-19 shelter-in-place directive. April of 2020 became the slowest month we have experienced on the Monterey Peninsula in over a decade. By June and throughout the rest of the year, the market was setting record highs in units sold, total sales volume, and average selling price. Continue reading to learn more about your market!
