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santa monica average home price

Average Monthly Net Salary (After Tax) 6,540.71 $ Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate : 4.66: 4.50-5.00: Prices in Santa Monica, California. There is also a two car garage as well as two surface parking spaces. The median sale price was $825K. Quiet, tree-lined residential neighborhood close to all the best the Westside has to offer. Interior updated in1920"s decor. Continuing towards a natural lit dining area situated adjacent to the chef's kitchen with stainless steel, brand new appliances and quartz countertops. Lifestyle is fabulous from these chic townhomes in the heart of Santa Monica!! The average price of homes sold in Santa Monica, CA is $1,210,000. On the main floor there is a guest bedroom. A lower than average home price to income ratio means that homes in Santa Monica, CA are more … This large unit is a match for buyers seeking a private and quiet lifestyle one block from Main St., and two blocks from the beach. The gourmet kitcn provides a brkfst bar, Viking, SubZero & Miele appls & opens through a Dutch door to an outside dining area. The primary suite includes a balcony, walk-in closet and spa-like bathroom w/ separate tub, shower + dual sinks. Located on a coveted walk street, steps from the beach & Shutters Hotel, this remodeled Craftsman w/ sep 2 bedrm gst house plus double 2 car garages is a rare offering. Gated controlled access entry assigned parking. WHAT DISTINGUISHES IT IN THE BUILDING: A 3rd bdrm complete w/ plans and permits, built-in closet, platform bed & its own heat/AC. Laminate flooring with radiant heating throughout this Santa Monica gem. 2-car garage accessed from the alley with a remote controlled gate for security and privacy. Incredible opportunity to own, arguably, the best unit in the entire building in the highly coveted prime North of Wilshire Santa Monica area. Housing in Santa Monica, California The median home cost in Santa Monica is $1,698,700. Homeowners in Santa Monica have a median income of $135,394. First floor , natural light, windows on three sides, Detached garage. Tall windows, 2 patios, & soaring beamed ceilings with a skylight brighten the space. If you have to work from home this is your lucky day. Snapshot of the Westside LA Real Estate Market Santa Monica Average price per sq. The median home price for homes in Santa Monica, CA is $1,086,300, which is 165% higher than the California average. higher than With a population of 91,411, 45,487 total housing units (homes and apartments), and a median house value of $1,105,636, Santa Monica house prices are not only among the most expensive in California, Santa Monica real estate also is some of the most expensive in all of America. Unparalleled craftsmanship with high quality finished and details throughout. WHAT YOU'LL LOVE MOST: 4 levels of impeccable Designer Done finishes setting the foundation for easy living in high style. Approximately 24.98% of Santa Monica homes are owned, compared to 67.25% rented, while 7.76% are vacant. Bring your imagination as you wander through this charming home peppered with sweet details and loads of potential. Average median list price in 2019: $1,779,999; Average home value in 2019: $2,635,856; Difference in home value and list price: $855,857; The average number of homes on ... difference between home value and median list price, with the highest being the worst; (3) the average total houses on the market in 2019, with more being worse; (4) average number of days … Therefore, the amount that a consumer should spend on housing costs should be no more than $3,159 per month to avoid calamity and poverty. The Culver City housing market is somewhat competitive. An amount below 100 means Santa Monica is cheaper than the US average. Single family home prices in Santa Monica have ranged from $150,000 to $11,650,000, a huge differential, but the median price is the middle ground where 50% of homes sold above that price and … Home affordability can be a very important factor when determining where to purchase real estate in Santa Monica, CA. Find Remote Job. This means that real estate in the Santa Monica, CA area is generally less affordable than the rest of California. Large master bedroom with great volume and huge loft area leading out to roof top deck. DESIGNER KITCHEN – LARGE CENTER ISLAND, WOLF AND SUB ZERO APPLIANCES, CAESARSTONE COUNTERS. Santa Monica cost of living is 304.5 In Santa Monica, CA, 27.5% of people are home owners and an average of 2.1 people occupy each home. The upper level is perfect for a home office or exercise room. 90401 is No. Grand double doors open to a large, light-filled entry hall with a neatly-appointed powder bath. Accessibility Statement. 1: Santa Monica had the nation’s highest home price increase. The median list price of homes in Santa Monica, CA was $1.7M in December 2020, trending down -22.6% year-over-year. The median home price in Santa Monica, CA is $1,086,300 and the median household income is $82,123. powder room with laundry unit. The home affordability ratio is calculated by dividing the median home price by the median home income. We make it easy to find Santa Monica, CA real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above. Santa Monica, California. Amazing quiet back location beautiful condo features an open single-level floor plan with recessed lights throughout. Prime Santa Monica Townhouse that offers 3bdrms/3baths and almost everything a Single-Family Home has to offer without the extra maintenance! Located close to all the exciting shops and restaurants that Montana Avenue has to offer and close proximity to the Ocean. With the beach just a few blocks further, any day can be a beach day. The median home value in Santa Monica, CA is $. By searching you agree to the end user license agreement (TOU). The guesthouse has 1 bedroom, kitchen, family room and bathroom, and is ideal for visitors. Apple and Google are owned by their respective owners. Don't miss this restored 1915 Santa Monica Canyon Craftsman revival home! Median household income: $96,677. ARCHITECTURAL MASTERPIECE IN SUNSET PARK. The house is equipped with the latest technology control 4 lighting automation, solar panels and much more. You'll also live right next to three beautiful parks: Los Amigos Park, Hotchkiss Park, and Joslyn Park. (Davis E. Owen, Sr.- Broker)(CT properties only)/Xome PR LLC (PR properties only), 750 Highway 121 BYP, Suite 100, Lewisville, TX 75067. This is the California dream, a High Rise on the Santa Monica beach. The 2 story guest house has a lrg great rm w/ fpl, a kitcn w/Viking appls & a bedrm & bath on the main level. Foreclosures will be a factor impacting home values in the next several years. Last update: December 2020 Sources and References Would you like to live and work in Santa Monica? Easy access to beaches and Third Street Promenade. HUGE FRONT BALCONY WITH VIEWS, SKYLIGHTS, WOOD FLOORS, TANKLESS WATER HEATER, RECESSED LIGHTS, ALARM, SPEAKERS. Live the idyllic, gentle Southern California life--walking and biking distance to Santa Monica's beaches, retail, restaurants, bike paths, and recreation. Entertainer's dream - Completely rebuilt and redesigned in 2011, this California Contemporary feat. A one bedroom with a multifunctional loft with a rooftop deck that has a killer view of the Santa Monica mountains. Move in , renovate ,update and /or expand--all are exciting possibilities for this wonderful home. Low HOA with earthquake insurance. 7.76% are vacant. In Ocean Park 0.0 homes are foreclosed (per 10,000). a large master bedroom with vaulted ceilings, walk-in closet, and gorgeous master bath with dual sinks and oversized shower. Santa Monica Housing Market Information. Excellent opportunity for home buyers with the vision to reimagine this Mediterranean-style sanctuary situated in highly coveted Sunset Park on a premium lot that is just under 6,000 square feet and zoned R2 which means you can build up and enjoy indoor-outdoor living at its finest, add an additional unit, or rebuild in this highly sought after community. Excellent And Spacious Unit In The Heart Of Santa Monica! Another benefit to this unit, it is not located at street level. Two sets of sliding doors lead you to a large sunlit balcony creating an indoor/outdoor living experience. The typical Santa Monica home was listed at $1.6 million in March. With some investment, this home can easily compete with neighboring homes in the 3-million range. The second level features a laundry room and bedroom with ensuite bath. WHAT SEPARATES IT FROM THE PACK: Secure entry to parking garages w/ direct entry to unit, a separate x-Large Bonus room that houses a Laundry area, Extra storage closet, Office area and Infrared Sauna. City Terrace 90063 – Average home price: $320,000 +18.5%. 6 units total in the building and the lowest HOA in the area. Chefs kitchen with custom cabinets, SS appliances, Caesarstone counters, and wine fridge. Whether you are looking for a 1 bedroom apartment near you, or anywhere in the U.S., we can help you find a home you'll love. The median listing price per square foot was $982. The gracious public spaces include frml lving & dining rms, a den/media rm & powder rm. By using Salary.com's Cost of Living Calculator , you can make a cost of living comparison of the Consumer Price Index ( CPI ) and salary differentials of over 300+ US cities. Upstairs there is an ocean vu bedrm suite and porch w/fpl. We welcome your business, and we promise to take exceptional care of you and any of your referrals. Beautifully remodeled, light-filled Ocean Park condominium with gated access to home and parking. Upstairs, a large skylight brightens the landing. If you see a property you’re interested in, contact a Santa Monica real estate agent to arrange a tour today! HOA dues are approximately $1839.49 co-op loan approximately $2235.53 Total $3874.93 monthly. Renovated en suite bathrooms with porcelain tiles, Quartz, and custom cabinetry. As of the 2014 census, the city population was 92,987. Enjoy now or expand in the future to create the home of your dreams. 90210: Beverly Hills (LA County): $3.750 million median sale price 5. Marina Del Rey 90292 – Average home price: $2,157,500 +23% The largest increases were found in Transportation, Food, and Housing. According to the United States Census Bureau, … This value is seasonally adjusted to remove outliers and only includes the middle price-tier of homes. You are immediately drawn in by its charm as you are welcomed with coastal palms, terra cotta tiles, lush foliage, a tiered fountain, and a custom carved wood entryway. Xome Inc. All rights reserved. Santa Monica's Real Estate Market Snapshot In the past 12 months, the price of homes sold in Santa Monica ranged between $535,000 and $6,625,000. On the 1st floor, the renovated property features a well-appointed kitchen with Thermador appliances, custom cabinetry, Quartz countertops, and French doors opening to a west-facing patio. Lincoln Heights/Montecito 90031 – Average home price $458,500 +14.6%.

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