February 2024 Real Estate Report

Homes For Sale
95 Total
Homes For Sale
Homes added
55 Homes
Added to the Market
Homes For Sale
38 Homes
Sold
Compared to Previous Month
15%
More Homes For Sale
home chart
-3%
Fewer Homes Sold
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Last month in February, housing in Salinas, CA ended with 55 homes being added to the market for sale, for a cumulative monthly total of 95 homes for sale - up 15% compared to January. Salinas, CA had a total of 38 homes sold for the month - down -3% from the month prior.

Detached led the way in homes sold with a total of 36 - up 6%, while attached totaled 2 in closed sales - down -150% from the month of January. The number of detached properties sold under 1500 square feet totaled 15 for the month of February, while homes from 1500 to 2000 square feet recorded 11 sales and homes sized from 2000 to 2500 square feet had 8 sales. While homes from 2500 to 3000 square feet square feet recorded 1 homes sold and homes from 3000 to 3500 square feet had 1 sales. The following ranges for detached homes all had no sales: 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 2. The following ranges for attached homes all had no sales: 1500 to 2000, 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Salinas, CA?
June:
68 Homes Sold
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The last 12 month period for the city of Salinas, CA shows that the greatest number of homes were sold during the months of May 2023, June 2023 and August 2023. The months of May 2023, June 2023 and August 2023 had 63 - 68 and 61 homes sold, respectively, as compared to an average of 46 for the other months of the year.

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When do homes sell the fastest in Salinas, CA?
July:
22 Days On Market
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The last 12 month period for the city of Salinas, CA shows that homes sold the fastest during the months of June 2023, July 2023 and September 2023. The months of June 2023, July 2023 and September 2023 had 24 - 22 and 26 days on market, respectively, as compared to an average of 34 for the other months of the year.


Average Price Of Homes Sold In Salinas, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Salinas, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Salinas, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
20243938 - - - - - - - - - - 77
2023354353476368476155464739604
2022515476696991626569513447738
202166627182959593123907893791027
20205458785235671137386929293893
2019745280849379819074946385949
20187759777710297759592968458989
20177358936583967510583997581986
Average Days On Market (DOM) In Salinas, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
20244331 - - - - - - - - - - 37
202346463729292422292629443233
2022263429141716162033394824
202115382333202013221719213223
202043574218574737273233332838
201945624751304140363153324843
201852414042243238323131373937
201759664351514247414736415648
Average Days From List To Close Of Escrow In Salinas, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
20247666 - - - - - - - - - - 71
202386746959595856596165776065
202271666047505754575766789163
202161836173605752595354597162
202086978060998777657276876779
201990978291687978797196728883
201898878478656977676768727375
201710811886919483101828978799892
Number of homes added to the market in Salinas, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
20243855 - - - - - - - - - - 93
2023366159567466657255485826676
2022506585938964826964453729772
2021715995909411210610084765943989
2020568075457690947881856565890
2019816680888981958876756146926
2018597390103928010111691766744992
2017757174938992988682836748958