About Del Rey Oaks
The City of Del Rey Oaks in
Monterey County is bordered by Sand City and
Seaside. Highways 1, 218, and 68 make this quaint city accessible to other Monterey County cities including
Carmel,
Pacific Grove and
Salinas. This city provides its residents with plenty of open space and more than 18 public parks. Of all these parks the Del Rey Oaks’ Frog Pond Wetland Preserve is the most renowned. Frog Pond Wetland Preserve is a 17-acre wildlife inhabited area (primarily made up of varying species of birds and frogs) that is open to the public. While this city may have a small town feel, it also offers big city outlet shopping as well as the Stone Creek Village Shopping Center just off Highway 68. Here you’ll find all the comforts you need, including Wells Fargo bank, restaurants, specialty stores, a pet emergency clinic, and the biggest Safeway in Monterey County. Del Rey Oaks has one private preschool and is otherwise serviced by Monterey Peninsula Unified School District. You can
Find an Agent to help you steer through Del Rey Oaks real estate or search Del Rey Oaks homes by its zip code
93940.
REAL ESTATE MARKET STATISTICS
Location: Del Rey Oaks
Geography Type: City
Data Period: Oct 2026
Source: MLSListings (www.mlslistings.com) Provided by Aculist
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SINGLE FAMILY HOMES
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Median Sale Price: $1,110,000
Average Sale Price: $1,030,000
Active Listings: 1
New Listings: 1
Pending Sales: 0
Closed Sales: 3
Median Days on Market: 99 days
Average Days on Market: 109 days
Median Price/SqFt: $515
Average Price/SqFt: $556
Sale-to-List Ratio: 97%
Months of Inventory: 0.5
Total Sale Volume: $3,090,000
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CONDOS & TOWNHOMES (ATTACHED HOMES)
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Median Sale Price: $700,000
Average Sale Price: $700,000
Active Listings: 2
New Listings: 0
Pending Sales: 0
Closed Sales: 1
Median Days on Market: 12 days
Average Days on Market: 12 days
Median Price/SqFt: $643
Average Price/SqFt: $643
Sale-to-List Ratio: 100%
Months of Inventory: 9
Total Sale Volume: $700,000
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MARKET INTERPRETATION
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• SELLER'S MARKET: Less than 3 months of inventory indicates strong demand and competitive conditions for buyers.
• PRICE REDUCTIONS: Homes selling at 3% below asking price on average.
• SLOWER PACE: Extended days on market may indicate buyer hesitation or pricing adjustments needed.
Jun 2024 – Oct 2026
Single-family homes in Del Rey Oaks have a median sale price of $1,110,000, up 13.9% over the past 3 months. There are 1 active listings, and 3 homes sold last month, with a median of 99 days on market. Condos and townhomes average $700,000, with 2 currently available. The price per square foot is $515 for single-family homes versus $643 for attached homes.
Median Sale Price Trends
Single Family Homes
Condos & Townhomes