Market Summary

First Addition, Monterey County, CA

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Median Home Price Price

$1,198,516 $1.2M

Median Monthly Rent Rent

$2,834 $2.8K

GRM

35.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Monterey County

Region Price Rent GRM Display
$1,303,900 $2,760 39.0x
$1,422,718 $2,774 42.0x
$1,630,790 $3,498 39.0x
$1,139,468 $2,775 34.0x
$1,238,647 $2,912 35.0x
$1,114,599 $2,759 33.0x
$1,433,775 $2,893 41.0x
$1,388,109 $3,548 32.0x

Home prices

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Monthly rent

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GRM

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Similar markets within CA outside of Monterey County

Region Price Rent GRM Display
$1,055,338 $2,882 30.0x
$998,595 $2,324 36.0x
$1,291,207 $2,859 38.0x
$1,644,359 $3,029 45.0x
$1,951,035 $2,811 58.0x
$1,062,277 $2,908 30.0x
$1,573,378 $2,397 55.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of CA

Region Price Rent GRM Display
$1,730,713 $2,553 57.0x
$1,031,976 $1,716 50.0x
$778,960 $1,735 38.0x
$1,167,071 $2,315 42.0x
$655,784 $2,388 23.0x
$1,101,047 $2,098 44.0x
$2,216,564 $2,558 72.0x
$670,991 $1,406 40.0x
$1,342,426 $2,578 44.0x
$4,053,980 $2,486 136.0x
$1,424,363 $2,034 58.0x
$1,309,285 $2,568 43.0x
$822,256 $1,605 43.0x

Home prices

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Monthly rent

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GRM

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First Addition

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Trend Insights

Median Rent in First Addition, CA is $2,834, with MoM change +$20 and YoY change +$135 pointing to positive momentum while volatility is low (std $28).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against First Addition, CA.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market First Addition, CA
Compare market Select a market
Delta vs base
Median rent
$2,834
N/A
Median price
$1,198,516
N/A
YoY change
+$135
N/A
Price-to-rent
35.2x
Data unavailable
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