Pacifica First-Time Homebuyer Report for January

Pacifica is a larger than average city in California with 37,234 residents. Also, it has seen a 3.5% decrease in population over the last 10 years. Pacifica is an area where most people own their homes, with an ownership ratio of 65.7%. Topping the list of best schools in the city is Cabrillo Elementary School.

Culture

If you're looking to explore the nightlife of Pacifica then check out A Grape In The Fog, Foursquare's most popular place to get a drink. You might also try P-Town Cafe, a popular place to get a cup of coffee. You could also check out the popular The UPS Store and Sun Valley Market to do some shopping.

Price Range

Pacifica has some of the more expensive homes in the state with a median home value of $497,200 and a current average list price of $1,014,645. In this week's report, the number of homes sold in the Pacifica market dropped to 41 over the past 30 days, a decrease of 2.4% from last week's report, but still above the monthly average.

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

$1.5M   $2.1M   $1.7M  

Typical Dwelling

A three-bedroom detached home valued around $893,465 is considered a typical dwelling in Pacifica. If a buyer was looking for a similar home, they would need good credit and a $178,693 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $3,519 and the property tax rate is $5.34 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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