January's First-Time Homebuyer Report for Westminster

Westminster is a city in California. It's affluent and the cost of living is expensive compared to the rest of the state, with a median income of $56,955 per household and cost of living adjustment score of 149.1. With a median age of 40 years, homes in Westminster tend to be older than most. Leading the list of top schools in the city are Eastwood Elementary School, Sarah McGarvin Intermediate, and La Quinta High School.

Culture

According to Foursquare, Old World Village, Kabuki Japanese Restaurant, and Buca di Beppo Italian Restaurant are the most popular spots to eat in Westminster. One of the most popular places to get a drink is Michael's Sports Pub & Grill. Lastly, The Coffee Tale is a well-known place to get some coffee.

Price Range

The median value of homes in Westminster is $392,200, making it one of the most valuable areas in California. At the same time, the average list price of available homes is presently $595,636. Home sales in the Westminster market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 14.3% to 36 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Westminster:

$349K   $595K   $649K  

Typical Dwelling

A four-bedroom detached home valued around $668,180 is considered a typical dwelling in Westminster. If a buyer was looking for a similar home, they would need good credit and a $133,636 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,587 and the property tax rate is $7.36 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
RE/MAX MASTERS REALTY
Tng Real Estate Consultants
Snapped 4 homes in this area
julio Garcia Cruz Real Estate WKeller Williams Real Estate
Snapped 41 homes in this area

Agents that specialize in this area
1 snap in this area
23 snaps in this area
3 snaps in this area
2 snaps in this area
2 snaps in this area
4 snaps in this area
4 snaps in this area
1 snap in this area
1 snap in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.