Feb 23, 2021
The New Market Tax Credit Program – History & 2021 Revival
The latest relief bill includes several provisions to revitalize the real estate industry, among them tax incentive programs like the NMTC.
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Monterey County Market Overview
No. of residential properties
95,697
No. of commercial properties
1,596
| Q3/2018 | Q4/2018 | Q1/2019 | Q2/2019 | |
|---|---|---|---|---|
| Median sale price | $580,000 | $585,000 | $550,000 | $636,500 |
| No. of transactions | 1,095 | 883 | 756 | 1,026 |
| Q3/2018 | Q4/2018 | Q1/2019 | Q2/2019 | |
|---|---|---|---|---|
| Sales volume | $16M | $56M | $14M | $20M |
| No. of transactions | 8 | 19 | 12 | 9 |
| Address | Sale price | Sale date |
|---|---|---|
| 101 General Stilwell Dr | $45,000,000 | 09/28/2018 |
| 1846 Highland St | $41,000,000 | 02/28/2019 |
| 300 Glenwood Cir 236 | $30,096,000 | 05/03/2019 |
| 1498 Cypress Dr | $28,000,000 | 09/20/2018 |
| 1482 Cypress Dr | $25,250,000 | 07/27/2018 |
| Address | Tax amount | Tax year |
|---|---|---|
| 3392 17 Mile Dr | $473,281 | 2019-2020 |
| 3290 17 Mile Dr | $350,684 | 2019-2020 |
| 1544 Cypress Dr | $318,096 | 2019-2020 |
| 3398 17 Mile Dr | $317,528 | 2019-2020 |
| 3158 17 Mile Dr | $307,810 | 2019-2020 |
This page was last updated on 2020-02-11
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