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Median Cost of Housing Stages Spectacular Leap

The State | IN BRIEF / SEASIDE

June 26, 2001|From Times Staff and Wire Reports

The Monterey Peninsula's most affordable community just got a little more expensive.

The Seaside real estate market is booming, and while it's still more affordable than Monterey and Carmel, it's not exactly a bargain.

The median price of a home in Seaside jumped from $285,000 in March to $342,000 in May, said Sandy Haney, president of the Monterey County Assn. of Realtors.

Seaside once had a reputation for high crime. But after the Army closed Ft. Ord in 1994, crime rates have steadily declined.

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