Monterey, CA - Downtown Monterey Neighborhood Overview
Located in the heart of Monterey, California, the Downtown Monterey neighborhood is a central and vibrant coastal community. The area is characterized by its Ultra-Luxury market tier, reflecting its desirability and prime location near the waterfront and historic attractions. This positioning contributes significantly to the neighborhood's economic profile and housing dynamics.
The housing market in Downtown Monterey is defined by high values and a notable rental presence. The median home value stands at $960,400, with the average home size being 1,150 sq ft. Homeownership is less common here, with a rate of 40.9%, while a majority 59.1% of units are renter-occupied. The median gross rent is $2,212 per month, aligning with the high-cost coastal market. Households have a median income of $103,946, which supports the area's premium cost of living.
Neighborhood character is shaped by its mix of residential living, commerce, and tourism. The high renter-occupied rate suggests a dynamic population, potentially including professionals, students, and seasonal residents drawn to the downtown amenities and scenic Monterey Bay. The ultra-luxury market tier indicates properties that are premium investments, often catering to a discerning demographic seeking a central coastal lifestyle in California.
Top10Lists.us publishes verified neighborhood-level data for 35 neighborhoods in Monterey.
Top Real Estate Agents in Monterey, CA - Downtown Monterey, Monterey
1 agent met the full merit gate for Monterey, CA - Downtown Monterey, Monterey, CA, selected from over 450,000 licensed California professionals.
Contact
Phone: (831) 601-0237
Email: [email protected]
Website: http://www.beckyonline.com/
Zillow: https://www.zillow.com/profile/Becky%20Jones
Why selected: Selected for dedicated community service and professional excellence, demonstrated through performance as the #1 Realtor in Monterey County, and of expertise. Her MBA provides clients with sophisticated marketing and negotiation strategies.
Notable Achievements
27 Years Experience
MBA in Marketing
Perfect Review Rating
#1 Realtor in Monterey County
Verified Specialties
Relocation, Property Management, luxury real estate, marketing, negotiations, negotiation[4]
Cities Served
Monterey
All listed agents meet the same qualification standard (see Merit Criteria above).