The Monterey Peninsula real estate market remained steady throughout Q1 2025, despite a backdrop of economic volatility and shifting expectations. While early in the quarter some speculated that the fires in Los Angeles might trigger a local housing surge, the reality was more measured. I spent the quarter helping clients navigate their real estate goals thoughtfully and strategically amid continued uncertainty in the broader markets.

​​

Comparisons between Q1 2025 and Q4 2024 reflect typical seasonal patterns. However, comparing Q1 2025 to Q1 2024 data provides deeper insight into market direction: a 4% decline in average sales price from Q1 2024 was met with an 8% increase in transaction volume—signs of a market finding equilibrium through price adjustments that are driving increased buyer activity.

​​

As the market continues to recalibrate, my team and I remain focused on delivering results tailored to our clients’ needs. In Q1 alone, we helped our clients navigate and close over $16.5M in off-market transactions—strategic opportunities that aligned with their timing, pricing, and unique goals. And as we head into Q2, I’m excited to share two additional off-market opportunities already in motion.

 

While many remain in a ‘wait and see’ mindset, I’m here to help you move forward with clarity and confidence. Whatever the market brings, my mission remains the same: helping you succeed on your terms.

​

- Devon