Coastal towns on different ends of prices and sales

A drop in inventory pushed median home prices up in several coastal regions
  • Monterey County saw 27 percent growth in sales of single-family homes in June year-over-year.
  • Santa Cruz County's inventory dropped 9 percent annually in June.
  • Single-family home sales in Santa Cruz County also dropped 26 percent since June 2015.

Saying “coastal communities will always be a great investment” is a broad generalization that cannot always be quantified. Sure, beachfront property is popular, but MLSListings released a comparative study of Monterey, San Benito, San Mateo, Santa Clara and Santa Cruz counties that points out some startling figures.