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Santa Monica Mortgage Quotes And Real Estate Information


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Santa Monica Mortgage and Real Estate Facts

Overview

Santa Monica has 44,497 housing units, combining houses, condominiums, and apartments. About 30% of housing units in the city are owner-occupied.

Santa Monica Mortgage

About 72% of owner-occupied housing units in Santa Monica have a mortgage of one type or another. Approximately 17% of housing units in the city carry a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Santa Monica area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Santa Monica Mortgage Statistics

CategoryValue
Homes With No Mortgage28%
With A Mortgage72%
First Mortgage Only55%
Second Mortgage or Home Equity Loan17%
Second Mortgage Only9%
Home Equity Loan Only9%

Santa Monica Housing Expenses

CategoryValue
Owner Costs as % of Income22.3%
Median Real Estate Taxes (2000)$3,399

Santa Monica Household Size

CategoryValue
Total Occupied44,497
1-Person Households51%
2-Person Households29%
3-Person Households10%
4-Person Households6%
5-Person Households2%
6-Person Households1%
7+-Person Households0%

Santa Monica Housing Stock

CategoryValue
Median Year Built1961
Median Year Built (Owner Occupied)1957
Median Year Built (Renter Occupied)1961

Santa Monica Home Heating

CategoryValue
Using Utility Co. Gas Heat80%
Using Bottled/Tank Gas Heat1%
Using Electric Heat18%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating1%

Santa Monica Housing Size

CategoryValue
No Bedrooms2%
1 Bedroom11%
2 Bedrooms42%
3 Bedrooms28%
4 Bedrooms11%
5+ Bedrooms6%
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