October's First-Time Homebuyer Report for Montara

Montara is an average-sized city in California that has seen a 3.7% increase in population over the last 10 years. It also has a total population of 2,909. Montara is made up of homes that are relatively old with a median of 36 years. Topping the list of best schools in the city is Farallone View Elementary School.

Price Range

Montara has some of the more expensive homes in the state with a median home value of $673,000 and a current average list price of $1,572,066. There were two home sales in the Montara market over the last 30 days.

Curious as to which homes have been getting the most attention in Montara? These listings have stirred up interest and produced the most views:

$2.2M   $2.3M   $3M  

Typical Dwelling

A three-bedroom detached home valued around $1,142,421 is considered a typical dwelling in Montara. If a buyer was looking for a similar home, they would need good credit and a $228,484 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $4,437 and the property tax rate is $5.34 per $1,000 of taxable assessed value.

Get started right now by checking out Montara homes for sale or reviewing Montara real estate trends.


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Realty One Group - Alliance
Snapped 1 home in this area
Reali
Snapped 1 home in this area
Coldwell Banker
Snapped 1 home in this area

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