Market Summary

Third Addition, Monterey County, CA

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Median Home Price Price

$1,238,647 $1.2M

Median Monthly Rent Rent

$2,912 $2.9K

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
Skyline Forest
$1,139,468 $2,775 34.0x
Old Town
$1,114,599 $2,759 33.0x
Second Addition
$1,264,328 $2,875 37.0x
Seaview
$1,319,251 $2,933 37.0x
Hartnell Park
$773,993 $2,881 22.0x
Monterey Vista
$1,240,046 $2,912 35.0x
Laurelwood
$664,049 $2,920 19.0x
Casanovsa Oak Knoll
$856,191 $2,800 25.0x
Homestead
$635,808 $2,856 19.0x
South Salinas
$687,369 $2,883 20.0x
Glen
$1,167,488 $2,896 33.0x
Villa Del Monte
$759,579 $2,773 23.0x

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
Traffic Circle, Los Angeles County, CA
$811,834 $2,227 30.0x
The Plaza, Los Angeles County, CA
$963,146 $2,971 27.0x
Anaheim Resort, Orange County, CA
$760,262 $2,593 24.0x
Northwest Torrance, Los Angeles County, CA
$935,105 $2,709 29.0x
Foothill Boulevard Corridor, Los Angeles County, CA
$831,503 $2,758 25.0x
Point Loma Heights, San Diego County, CA
$1,103,736 $2,899 32.0x
Lower Westside, Santa Barbara County, CA
$1,106,008 $2,794 33.0x
Harbor Gateway, Los Angeles County, CA
$771,341 $2,094 31.0x
Windsor North River Ridge, Ventura County, CA
$933,464 $2,538 31.0x
East Sacramento, Sacramento County, CA
$749,632 $2,064 30.0x
City College Area, Los Angeles County, CA
$937,562 $2,963 26.0x
Hillside, Los Angeles County, CA
$1,329,816 $2,840 39.0x
Sunwood Central, Orange County, CA
$917,492 $2,826 27.0x
Midtown, Ventura County, CA
$991,878 $2,522 33.0x
East La Mirada, Los Angeles County, CA
$853,732 $2,730 26.0x
Bixby Area, Los Angeles County, CA
$861,659 $2,342 30.0x
Lordsburg, Los Angeles County, CA
$792,179 $2,547 26.0x
Wrigley, Los Angeles County, CA
$789,059 $2,026 32.0x
Carriage Square, Ventura County, CA
$775,845 $2,575 25.0x
Los Altos, Los Angeles County, CA
$1,021,936 $2,901 29.0x
Olde Torrance, Los Angeles County, CA
$916,710 $2,518 30.0x
Flinn Springs, San Diego County, CA
$832,134 $2,714 26.0x
Chatelaine, Los Angeles County, CA
$987,712 $2,804 29.0x

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
River West, Deschutes County, OR
$863,923 $2,222 32.0x
West Dennis, Barnstable County, MA
$665,592 $1,924 29.0x
Orchard District, Deschutes County, OR
$579,048 $2,224 22.0x
President Park, King County, WA
$604,949 $2,616 19.0x
Faulkner, Middlesex County, MA
$557,818 $2,633 18.0x
Rockwood, Spokane County, WA
$599,135 $1,490 33.0x
Columbia Heights, Arlington County, VA
$395,224 $2,790 12.0x
Southridge, Palm Beach County, FL
$597,941 $2,500 20.0x
South Chatham, Barnstable County, MA
$949,733 $2,053 39.0x
Adams Shore, Norfolk County, MA
$662,636 $2,548 22.0x
Southwest Bend, Deschutes County, OR
$700,899 $2,387 25.0x
Westwood, Charleston County, SC
$742,552 $2,288 27.0x

Home prices

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Monthly rent

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GRM

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Third Addition

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Trend Insights

Median Rent in Third Addition, CA is $2,912, with MoM change +$21 and YoY change +$93 pointing to positive momentum while volatility is low (std $20).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Third Addition, CA
Compare market Select a market
Delta vs base
Median rent
$2,912
N/A
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Median price
$1,238,647
N/A
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YoY change
+$93
N/A
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Price-to-rent
35.4x
Data unavailable
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