Monterey Park, CA Condo Market Report (In last 12 months)
Avg. List Price
$723,257
($542/Sqft.)
Year-Over-Year List Price
2.11%
Total Listings
100
Avg. Days on Market
77
Avg. Sale Price
$713,986
($537/Sqft.)
Year-Over-Year Sale Price
2.90%
Total Sold
90
Avg. HOA Fees/Sqft.
($7/monthly)
Avg. List Price
$723,257
($542/Sqft.)
Year-Over-Year List Price
2.11%
Monterey Park, CA Condo Market Report
Avg. List Price
$723,257
($542/Sqft.)
Year-Over-Year List Price
2.11%
Total Listings
100
Avg. Days on Market
77
Avg. Sale Price
$713,986
($537/Sqft.)
Year-Over-Year Sale Price
2.90%
Total Sold
90
Avg. HOA Fees/Sqft.
($7/monthly)
Monterey park, CA Condo Market Overview
Monterey Park is a vibrant enclave that beautifully marries suburban charm with urban convenience. Known for its diverse culture and rich history, this city offers a dynamic condo market that caters to all lifestyles. From stunning high-rises boasting breathtaking views of the San Gabriel Mountains to cozy mid-rise buildings in peaceful neighborhoods, there’s a perfect home for everyone. The bustling downtown area features trendy shops and eateries, while the lush parks—such as Barnes Park—invite residents to enjoy outdoor activities and community events. Monterey Park's proximity to Los Angeles adds an extra layer of appeal, providing easy access to major job centers and cultural attractions. Whether you're seeking an upscale condo with modern amenities or a more budget-friendly option, this city’s real estate landscape promises both luxury and affordability. Experience the lifestyle that comes with living in a close-knit community, where culinary delights and rich traditions blend seamlessly into everyday life.
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Popular Condos Neighborhoods in Monterey Park, CA
Explore Monterey Park, CA Neighborhoods
Monterey Park is a charming suburban oasis celebrated for its diverse culinary scene and strong sense of community. Nestled just east of downtown Los Angeles, the city boasts lush parks, vibrant cultural festivals, and a rich heritage that invites residents and visitors alike to explore its captivating blend of tradition and modernity. With excellent schools and a variety of recreational activities, this welcoming locale embodies the perfect balance of small-town warmth and urban convenience.
Frequently Asked Questions About Monterey Park, CA
What is it like to live in Monterey Park?
Monterey Park features a diverse real estate market with a mix of single-family homes and multi-family dwellings, appealing to various demographics. The city offers access to quality public services, parks, and a robust transportation network, making it an attractive option for families and professionals alike.
Is Monterey Park expensive?
Monterey Park's real estate market is characterized by a moderate cost of living, with home prices generally higher than the national average but more affordable compared to nearby Los Angeles. The city's housing options include single-family homes and condos, attracting diverse buyers looking for accessibility to urban amenities and schools.
How much is a condo in Monterey Park?
The average price for a condo in Monterey Park typically ranges from $400,000 to $700,000, depending on location and amenities. Factors such as proximity to public transportation and local schools can influence pricing in this competitive market.
What are the safest neighborhoods in Monterey Park?
Monterey Park is known for its relatively low crime rates, with neighborhoods like Garvey Ranch Park and South Monterey Park often highlighted for their safety and community-oriented atmospheres. The city features access to public parks and amenities that contribute to a secure living environment.
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