6 homes in Del Rey Oaks
Del Rey Oaks is a small city on the Monterey Peninsula. Features affordable alternative to Monterey and family community.
Today, Del Rey Oaks has 6 homes for sale at a median price of $1,125,000, typically selling in about 57 days.
Median Home Price
$749K
Months of Supply
Estimated time to sell all listings at the current sales pace
0.2 months of supply
Seller's MarketWith only 6 active listings, supply is tight.
What this means for buyers
Homes are selling quickly—inventory is tight, competition is strong, and buyers have limited room to negotiate. Listings typically sell in ~57 days.
Sales Velocity
How fast homes are selling
Homes are taking longer to sell—buyers have more time to negotiate and explore options. Sales 78% faster than 6 months ago.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Del Rey Oaks
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
77%
Homeowners
23%
Renters
Homeownership is 21.5% higher than the California average (55.5%)
650 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $238K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$602K)
Price Reductions
3 listings have reduced their price
50% of active listings
Average reduction: 6.3% (~$71K)
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