SALINAS Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Salinas averaged
6.31%
for the week of 2023-06-01, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2023-05-25) was
6.09% and
one month ago for the week of 2023-04-27, the
average rate was 5.85%.
Salinas's average rate one year ago was 4.42%.
For refis of the same type during the week of 2023-06-01, the average rate
was 5.68%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-06-01 | 6.79% |
| Salinas 30 Year Fixed Rate | 2023-06-01 | 6.31% |
| Salinas 30 Year Fixed Rate Refi | 2023-06-01 | 5.68% |
| Salinas 15 Year Fixed Rate | 2023-06-01 | 5.98% |
| Salinas 15 Year Fixed Rate Refi | 2023-06-01 | 5.06% |
| Salinas 30 Year FHA | 2023-06-01 | -0.58% |
| Salinas 30 Year FHA Refi | 2023-06-01 | 0.1% |
| Salinas 30 Year USDA | 2023-06-01 | 0% |
| Salinas 30 Year USDA Refi | 2023-06-01 | 0.2% |
| Salinas 30 Year VA | 2023-06-01 | -0.49% |
| Salinas 30 Year VA Refi | 2023-06-01 | 0.1% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SALINAS, CA.
SALINAS Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the SALINAS, CA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
SALINAS Average Closing Costs & Other Stats
SALINAS, CA's 231 lenders originated 5,881
loans during 2022. The total origination value was $3,591,935,000, with an average loan value of
$610,769.
SALINAS's average closing costs are $6,571.
The top SALINAS lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
430 loans originated. Their average total fees are
$9,209, which is $110
higher than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee SALINAS lenders (with over 10 loans originated) are
Monterey Credit Union ($2,350), BAY ($2,742), Fremont Bank ($3,185), Mechanics Bank ($4,069) and Shea Mortgage Inc. ($4,202).
The lowest rate SALINAS lenders (with over 10 loans originated) are
First Republic Bank (3.14%), Charles Schwab Bank, SSB (3.28%), PENNYMAC LOAN SERVICES, LLC (3.39%), Silicon Valley Bank (3.41%) and Bank of the West (3.49%).
SALINAS, CA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $813,935,000 | $341,800,000 | -58.0% | 9.5% |
| First Republic Bank | $215,810,000 | $220,900,000 | 2.4% | 6.1% |
| Bank of America | $191,945,000 | $209,120,000 | 8.9% | 5.8% |
| QUICKEN LOANS, LLC | $889,540,000 | $206,985,000 | -76.7% | 5.8% |
| Wells Fargo Bank | $458,005,000 | $185,195,000 | -59.6% | 5.2% |
| JPMorgan Chase Bank | $328,800,000 | $148,570,000 | -54.8% | 4.1% |
| MUFG Union Bank | $148,555,000 | $118,630,000 | -20.1% | 3.3% |
| HOME POINT FINANCIAL CORPORATION | $312,555,000 | $102,940,000 | -67.1% | 2.9% |
| U.S. Bank | $131,620,000 | $97,870,000 | -25.6% | 2.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $51,305,000 | $72,075,000 | 40.5% | 2.0% |
| LOANDEPOT.COM, LLC | $244,290,000 | $63,050,000 | -74.2% | 1.8% |
| Morgan Stanley Private Bank | $76,175,000 | $58,720,000 | -22.9% | 1.6% |
| S1L, Inc. | $161,105,000 | $58,660,000 | -63.6% | 1.6% |
| Mechanics Bank | $64,880,000 | $51,825,000 | -20.1% | 1.4% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $83,515,000 | $51,800,000 | -38.0% | 1.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $133,780,000 | $45,510,000 | -66.0% | 1.3% |
| SUMMIT FUNDING, INC. | $141,095,000 | $42,255,000 | -70.1% | 1.2% |
| FINANCE OF AMERICA REVERSE LLC | $23,415,000 | $41,565,000 | 77.5% | 1.2% |
| Bank of the West | $43,045,000 | $40,125,000 | -6.8% | 1.1% |
| ENVOY MORTGAGE, LTD | $115,090,000 | $39,390,000 | -65.8% | 1.1% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $131,985,000 | $37,720,000 | -71.4% | 1.1% |
| Fremont Bank | $97,875,000 | $34,070,000 | -65.2% | 0.9% |
| Citibank | $45,635,000 | $33,155,000 | -27.3% | 0.9% |
| GUARANTEED RATE, INC. | $104,925,000 | $31,110,000 | -70.4% | 0.9% |
| Charles Schwab Bank, SSB | $68,685,000 | $28,850,000 | -58.0% | 0.8% |
| MACKILLIE INCORPORATED | $19,050,000 | $28,740,000 | 50.9% | 0.8% |
| CALIBER HOME LOANS, INC. | $125,745,000 | $28,495,000 | -77.3% | 0.8% |
| FINANCE OF AMERICA MORTGAGE LLC | $77,690,000 | $27,970,000 | -64.0% | 0.8% |
| Silicon Valley Bank | $25,470,000 | $27,880,000 | 9.5% | 0.8% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $63,980,000 | $27,215,000 | -57.5% | 0.8% |
| UBS Bank USA | $23,985,000 | $26,420,000 | 10.2% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $80,150,000 | $26,195,000 | -67.3% | 0.7% |
| CBRE MULTIFAMILY CAPITAL, INC. | $24,240,000 | n/a | 0.7% | |
| Shea Mortgage Inc. | $22,610,000 | n/a | 0.6% | |
| GUARANTEED RATE AFFINITY, LLC | $76,300,000 | $22,460,000 | -70.6% | 0.6% |
| BAY | $23,365,000 | $21,725,000 | -7.0% | 0.6% |
| PNC Bank | $38,830,000 | $21,135,000 | -45.6% | 0.6% |
| THE GOLDEN 1 | $19,775,000 | $20,710,000 | 4.7% | 0.6% |
| Commerce Home Mortgage, Inc. | $18,285,000 | $20,250,000 | 10.7% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $50,175,000 | $19,635,000 | -60.9% | 0.5% |
| CMG MORTGAGE, INC. | $27,530,000 | $19,195,000 | -30.3% | 0.5% |
| PENNYMAC LOAN SERVICES, LLC | $108,585,000 | $17,085,000 | -84.3% | 0.5% |
| Flagstar Bank, FSB | $76,780,000 | $17,045,000 | -77.8% | 0.5% |
| BAY EQUITY LLC | $6,985,000 | $16,600,000 | 137.7% | 0.5% |
| City National Bank | $35,395,000 | $15,855,000 | -55.2% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $62,705,000 | $15,700,000 | -75.0% | 0.4% |
| Paramount Residential Mortgage Group, Inc. | $40,380,000 | $15,605,000 | -61.4% | 0.4% |
| Comerica Bank | $13,075,000 | $15,585,000 | 19.2% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $122,295,000 | $14,440,000 | -88.2% | 0.4% |
| MOUNTAIN WEST FINANCIAL, INC. | $34,220,000 | $14,265,000 | -58.3% | 0.4% |
| NEWREZ LLC | $46,040,000 | $13,725,000 | -70.2% | 0.4% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $21,650,000 | $12,695,000 | -41.4% | 0.4% |
| RESIDENTIAL BANCORP. | $1,250,000 | $12,560,000 | 904.8% | 0.3% |
| BROKER SOLUTIONS, INC. | $38,900,000 | $12,395,000 | -68.1% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $28,140,000 | $12,105,000 | -57.0% | 0.3% |
| Umpqua Bank | $17,970,000 | $12,085,000 | -32.7% | 0.3% |
| AMERICAN ADVISORS GROUP | $10,645,000 | $11,745,000 | 10.3% | 0.3% |
| HOMEXPRESS MORTGAGE CORP. | $10,415,000 | $11,690,000 | 12.2% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $37,470,000 | $11,210,000 | -70.1% | 0.3% |
| GUILD MORTGAGE COMPANY | $46,400,000 | $11,180,000 | -75.9% | 0.3% |
| CHEVRON | $450,000 | $10,900,000 | 2,322.2% | 0.3% |
| First Foundation Bank | $845,000 | $10,075,000 | 1,092.3% | 0.3% |
| First-Citizens Bank & Trust Company | $725,000 | $9,605,000 | 1,224.8% | 0.3% |
| Sierra Pacific Mortgage Company, Inc. | $24,030,000 | $8,430,000 | -64.9% | 0.2% |
| BMO Harris Bank | $850,000 | $8,220,000 | 867.1% | 0.2% |
| KeyBank | $11,730,000 | $8,090,000 | -31.0% | 0.2% |
| Mortgage Research Center, LLC | $27,980,000 | $7,720,000 | -72.4% | 0.2% |
| NEXERA HOLDING LLC | $14,110,000 | $7,555,000 | -46.5% | 0.2% |
| STAR ONE CREDIT UNION | $7,870,000 | $7,350,000 | -6.6% | 0.2% |
| KINECTA | $2,970,000 | $7,305,000 | 146.0% | 0.2% |
| ARC HOME LLC | $8,230,000 | $7,085,000 | -13.9% | 0.2% |
| SPRING EQ, LLC | $1,300,000 | $7,085,000 | 445.0% | 0.2% |
| Toyota Financial Savings Bank | $2,515,000 | $6,930,000 | 175.5% | 0.2% |
| Axos Bank | $8,895,000 | $6,925,000 | -22.1% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $16,160,000 | $6,795,000 | -58.0% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $12,965,000 | $5,985,000 | -53.8% | 0.2% |
| Carrington Mortgage Services, LLC | $19,000,000 | $5,945,000 | -68.7% | 0.2% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $5,460,000 | $5,900,000 | 8.1% | 0.2% |
| Pinnacle Bank | $5,890,000 | n/a | 0.2% | |
| PENTAGON FEDERAL CREDIT UNION | $19,195,000 | $5,830,000 | -69.6% | 0.2% |
| Hometown Equity Mortgage, LLC | $13,445,000 | $5,650,000 | -58.0% | 0.2% |
| Luther Burbank Savings | $12,210,000 | $5,480,000 | -55.1% | 0.2% |
| PHH Mortgage Corporation | $6,400,000 | $5,155,000 | -19.5% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $3,475,000 | $5,145,000 | 48.1% | 0.1% |
| REVERSE MORTGAGE FUNDING LLC | $8,350,000 | $5,130,000 | -38.6% | 0.1% |
| Provident Credit Union | $14,145,000 | $5,105,000 | -63.9% | 0.1% |
| Monterey Credit Union | $21,260,000 | $5,035,000 | -76.3% | 0.1% |
| COREVEST AMERICAN FINANCE LENDER LLC | $8,255,000 | $4,995,000 | -39.5% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $3,510,000 | $4,980,000 | 41.9% | 0.1% |
| STANFORD Federal Credit Union | $3,655,000 | $4,970,000 | 36.0% | 0.1% |
| TECHNOLOGY | $1,935,000 | $4,820,000 | 149.1% | 0.1% |
| DIGNIFIED HOME LOANS, LLC | $12,920,000 | $4,785,000 | -63.0% | 0.1% |
| Raymond James Bank | $3,540,000 | $4,710,000 | 33.1% | 0.1% |
| BETTER MORTGAGE CORPORATION | $54,625,000 | $4,650,000 | -91.5% | 0.1% |
| Truist | $3,060,000 | $4,645,000 | 51.8% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $18,945,000 | $4,595,000 | -75.7% | 0.1% |
| Citadel Servicing Corporation | $9,670,000 | $4,520,000 | -53.3% | 0.1% |
| PLANET HOME LENDING, LLC | $12,935,000 | $4,465,000 | -65.5% | 0.1% |
| American Riviera Bank | $4,460,000 | n/a | 0.1% | |
| OCMBC, INC. | $8,590,000 | $4,420,000 | -48.5% | 0.1% |
| Northpointe Bank | $2,785,000 | $4,340,000 | 55.8% | 0.1% |
| Lakeview Community Capital, LLC | $12,985,000 | $4,115,000 | -68.3% | 0.1% |
| General Mortgage Capital Corporation | $13,145,000 | $4,065,000 | -69.1% | 0.1% |
| The Federal Savings Bank | $15,855,000 | $4,000,000 | -74.8% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $9,045,000 | $3,955,000 | -56.3% | 0.1% |
| AMCAP MORTGAGE, LTD. | $6,145,000 | $3,950,000 | -35.7% | 0.1% |
| M&T Bank | $4,400,000 | $3,815,000 | -13.3% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $8,860,000 | $3,770,000 | -57.4% | 0.1% |
| Goldman Sachs Bank USA | $28,855,000 | $3,460,000 | -88.0% | 0.1% |
| NATIONWIDE EQUITIES CORPORATION | $8,685,000 | $3,405,000 | -60.8% | 0.1% |
| GOLDEN WEST ALLIANCE, INC. | $3,685,000 | $3,280,000 | -11.0% | 0.1% |
| AMWEST FUNDING CORP. | $5,285,000 | $3,275,000 | -38.0% | 0.1% |
| BNY Mellon | $13,570,000 | $3,275,000 | -75.9% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $12,345,000 | $3,205,000 | -74.0% | 0.1% |
| LENDSURE MORTGAGE CORP. | $165,000 | $3,140,000 | 1,803.0% | 0.1% |
| Pacific Premier Bank | $8,280,000 | $3,080,000 | -62.8% | 0.1% |
| Amerifirst Financial, Inc. | $4,045,000 | $3,040,000 | -24.8% | 0.1% |
| FIRST TECHNOLOGY | $4,245,000 | $3,040,000 | -28.4% | 0.1% |
| North American Savings Bank, F.S.B. | $10,140,000 | $3,005,000 | -70.4% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $14,985,000 | $2,965,000 | -80.2% | 0.1% |
| Strong Home Mortgage, LLC | $12,510,000 | $2,955,000 | -76.4% | 0.1% |
| ATHAS CAPITAL GROUP, INC. | $1,820,000 | $2,935,000 | 61.3% | 0.1% |
| ALLIANT CREDIT UNION | $6,115,000 | $2,885,000 | -52.8% | 0.1% |
| IMPAC MORTGAGE CORP. | $17,400,000 | $2,850,000 | -83.6% | 0.1% |
| Figure Lending LLC | $2,455,000 | $2,845,000 | 15.9% | 0.1% |
| AUGUSTA FINANCIAL, INC. | $5,190,000 | $2,840,000 | -45.3% | 0.1% |
| DATA MORTGAGE, INC. | $1,675,000 | $2,805,000 | 67.5% | 0.1% |
| KEYPOINT | $1,025,000 | $2,805,000 | 173.7% | 0.1% |
| HomeStreet Bank | $2,435,000 | $2,785,000 | 14.4% | 0.1% |
| 5TH STREET CAPITAL, INC. | $5,955,000 | $2,690,000 | -54.8% | 0.1% |
| STEARNS LENDING, LLC | $38,655,000 | $2,685,000 | -93.1% | 0.1% |
| Ally Bank | $16,765,000 | $2,655,000 | -84.2% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $4,060,000 | $2,635,000 | -35.1% | 0.1% |
| NexBank | $620,000 | $2,565,000 | 313.7% | 0.1% |
| The First National Bank of Ottawa | $2,555,000 | n/a | 0.1% | |
| SEA WEST COAST GUARD FEDERAL CREDIT UNION | $2,125,000 | $2,545,000 | 19.8% | 0.1% |
| Nicolet National Bank | $2,475,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $5,785,000 | $2,470,000 | -57.3% | 0.1% |
| Golden Empire Mortgage, Inc. | $2,855,000 | $2,465,000 | -13.7% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,225,000 | $2,410,000 | 96.7% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $1,010,000 | $2,375,000 | 135.1% | 0.1% |
| PATELCO | $11,360,000 | $2,370,000 | -79.1% | 0.1% |
| GEORGIA'S OWN | $1,760,000 | $2,350,000 | 33.5% | 0.1% |
| Discover Bank | $2,495,000 | $2,340,000 | -6.2% | 0.1% |
| A&D Mortgage LLC | $2,820,000 | $2,330,000 | -17.4% | 0.1% |
| BNC National Bank | $10,795,000 | $2,325,000 | -78.5% | 0.1% |
| MidFirst Bank | $1,680,000 | $2,310,000 | 37.5% | 0.1% |
| LADERA LENDING, INC. | $12,780,000 | $2,305,000 | -82.0% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $16,690,000 | $2,210,000 | -86.8% | 0.1% |
| ONY GLO, INC. | $7,090,000 | $2,170,000 | -69.4% | 0.1% |
| EVERETT FINANCIAL, INC. | $2,770,000 | $2,165,000 | -21.8% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $2,055,000 | $2,150,000 | 4.6% | 0.1% |
| LANTZMAN MANAGEMENT, INC. | $1,760,000 | $2,150,000 | 22.2% | 0.1% |
| COASTAL FUNDING SLC, INC. | $1,535,000 | $2,145,000 | 39.7% | 0.1% |
| Zions Bancorporation, N.A. | $7,965,000 | $2,115,000 | -73.4% | 0.1% |
| UMB Bank | $2,660,000 | $2,105,000 | -20.9% | 0.1% |
| USAA Federal Savings Bank | $8,565,000 | $2,095,000 | -75.5% | 0.1% |
| National Exchange Bank and Trust | $1,005,000 | $2,005,000 | 99.5% | 0.1% |
| Sunflower Bank | $1,665,000 | $2,005,000 | 20.4% | 0.1% |
| MERIWEST | $655,000 | $1,980,000 | 202.3% | 0.1% |
| AmeriHome Mortgage Company, LLC | $4,480,000 | $1,960,000 | -56.3% | 0.1% |
| LOGIX FEDERAL CREDIT UNION | $670,000 | $1,945,000 | 190.3% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $7,130,000 | $1,880,000 | -73.6% | 0.1% |
| Inwood National Bank | $1,685,000 | $1,875,000 | 11.3% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $3,425,000 | $1,860,000 | -45.7% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $13,600,000 | $1,790,000 | -86.8% | 0.0% |
| The Huntington National Bank | $1,430,000 | $1,785,000 | 24.8% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $1,540,000 | $1,730,000 | 12.3% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $1,710,000 | n/a | 0.0% | |
| Commerce Bank | $1,705,000 | n/a | 0.0% | |
| Paramount Bank | $870,000 | $1,660,000 | 90.8% | 0.0% |
| ZILLOW HOME LOANS, LLC | $5,505,000 | $1,635,000 | -70.3% | 0.0% |
| PACIFIC SERVICE | $2,805,000 | $1,610,000 | -42.6% | 0.0% |
| OPEN MORTGAGE, LLC | $3,710,000 | $1,560,000 | -58.0% | 0.0% |
| KD CAPITAL MORTGAGE CORPORATION | $5,780,000 | $1,555,000 | -73.1% | 0.0% |
| AMERICAN FINANCING CORPORATION | $3,195,000 | $1,545,000 | -51.6% | 0.0% |
| NBKC BANK | $12,185,000 | $1,530,000 | -87.4% | 0.0% |
| Tri Counties Bank | $9,480,000 | $1,530,000 | -83.9% | 0.0% |
| SCHOOLSFIRST | $3,230,000 | $1,520,000 | -52.9% | 0.0% |
| ANGEL OAK HOME LOANS LLC | $1,395,000 | $1,485,000 | 6.5% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $3,415,000 | $1,485,000 | -56.5% | 0.0% |
| Arvest Bank | $3,340,000 | $1,440,000 | -56.9% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $5,060,000 | $1,440,000 | -71.5% | 0.0% |
| Summit Mortgage Corporation | $1,440,000 | n/a | 0.0% | |
| CENTRAL COAST LENDING, INC. | $2,445,000 | $1,435,000 | -41.3% | 0.0% |
| CITIZENS EQUITY FIRST | $475,000 | $1,430,000 | 201.1% | 0.0% |
| HOME APPROVALS DIRECT, INC. | $1,995,000 | $1,420,000 | -28.8% | 0.0% |
| AMERICAN FIRST | $180,000 | $1,400,000 | 677.8% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $1,370,000 | n/a | 0.0% | |
| 21ST MORTGAGE CORPORATION | $1,580,000 | $1,360,000 | -13.9% | 0.0% |
| Educational Employees Credit Union | $365,000 | $1,340,000 | 267.1% | 0.0% |
| Banner Bank | $760,000 | $1,325,000 | 74.3% | 0.0% |
| East West Bank | $1,250,000 | n/a | 0.0% | |
| FidelityLending Solutions Inc. dba Wholesale Mortgage Bankers | $1,240,000 | n/a | 0.0% | |
| Hometown Lenders, Inc. | $1,280,000 | $1,240,000 | -3.1% | 0.0% |
| LOANPAL, LLC | $5,510,000 | $1,240,000 | -77.5% | 0.0% |
| SKYONE Federal Credit Union | $1,205,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $1,215,000 | $1,200,000 | -1.2% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $1,795,000 | $1,195,000 | -33.4% | 0.0% |
| Prosperity Home Mortgage, LLC | $5,385,000 | $1,190,000 | -77.9% | 0.0% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $505,000 | $1,190,000 | 135.6% | 0.0% |
| Chicago Mortgage Solutions LLC | $1,185,000 | n/a | 0.0% | |
| GUARANTY HOME MORTGAGE CORPORATION | $1,185,000 | n/a | 0.0% | |
| MEMBER FIRST MORTGAGE, LLC | $195,000 | $1,150,000 | 489.7% | 0.0% |
| TRISTAR FINANCE, INC. | $335,000 | $1,145,000 | 241.8% | 0.0% |
| Watermark Capital, Inc. | $8,575,000 | $1,145,000 | -86.6% | 0.0% |
| HighTechLending Inc | $5,360,000 | $1,135,000 | -78.8% | 0.0% |
| NMSI, INC. | $6,690,000 | $1,125,000 | -83.2% | 0.0% |
| MICHIGAN MUTUAL, INC. | $3,510,000 | $1,120,000 | -68.1% | 0.0% |
| AHL FUNDING | $2,150,000 | $1,090,000 | -49.3% | 0.0% |
| SOFI LENDING CORP. | $3,575,000 | $1,070,000 | -70.1% | 0.0% |
| Citizens Bank | $1,390,000 | $1,050,000 | -24.5% | 0.0% |
| ALL REVERSE MORTGAGE, INC. | $2,485,000 | $1,045,000 | -57.9% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,610,000 | $1,040,000 | -35.4% | 0.0% |
| SUNSTREET MORTGAGE, LLC | $1,035,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $1,835,000 | $1,020,000 | -44.4% | 0.0% |
| LOANLEADERS OF AMERICA, INC. | $1,505,000 | $1,010,000 | -32.9% | 0.0% |
| NP, Inc. | $1,315,000 | $1,010,000 | -23.2% | 0.0% |
| First Bank | $735,000 | $965,000 | 31.3% | 0.0% |
| ORIX REAL ESTATE CAPITAL, LLC | $19,255,000 | $955,000 | -95.0% | 0.0% |
| SALAL | $795,000 | $955,000 | 20.1% | 0.0% |
| VISION ONE MORTGAGE, INC. | $1,840,000 | $950,000 | -48.4% | 0.0% |
| INTELLILOAN, INC. | $2,350,000 | $940,000 | -60.0% | 0.0% |
| CORNERSTONE HOME LENDING, INC. | $1,350,000 | $925,000 | -31.5% | 0.0% |
| LENDINGHOME FUNDING CORPORATION | $800,000 | $905,000 | 13.1% | 0.0% |
| GTE Federal Credit Union | $890,000 | n/a | 0.0% | |
| Luxury Mortgage Corp. | $4,830,000 | $865,000 | -82.1% | 0.0% |
| Alaska USA Mortgage Company LLC | $855,000 | n/a | 0.0% | |
| Ameris Bank | $3,095,000 | $855,000 | -72.4% | 0.0% |
| First Savings Bank | $1,685,000 | $855,000 | -49.3% | 0.0% |
| NEW DAY FINANCIAL, LLC | $4,295,000 | $850,000 | -80.2% | 0.0% |
| CITYWIDE HOME LOANS, LLC | $845,000 | n/a | 0.0% | |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $2,575,000 | $820,000 | -68.2% | 0.0% |
| EXCITE Credit Union | $1,165,000 | $805,000 | -30.9% | 0.0% |
| MERIWEST MORTGAGE COMPANY, LLC | $3,825,000 | $805,000 | -79.0% | 0.0% |
| VALLEY STRONG CREDIT UNION | $25,000 | $805,000 | 3,120.0% | 0.0% |
| FirstBank | $5,115,000 | $800,000 | -84.4% | 0.0% |
| Firefighters First Federal Credit Union | $350,000 | $790,000 | 125.7% | 0.0% |
| Bank of England | $1,450,000 | $775,000 | -46.6% | 0.0% |
| NEW WAVE LENDING GROUP INC | $1,225,000 | $775,000 | -36.7% | 0.0% |
| Devon Bank | $305,000 | $765,000 | 150.8% | 0.0% |
| WALL STREET MORTGAGE BANKERS, LTD. | $755,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $930,000 | $740,000 | -20.4% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $2,875,000 | $735,000 | -74.4% | 0.0% |
| ISERVE RESIDENTIAL LENDING, LLC | $1,030,000 | $695,000 | -32.5% | 0.0% |
| Equity Prime Mortgage LLC | $3,250,000 | $680,000 | -79.1% | 0.0% |
| INTERCAP LENDING INC. | $735,000 | $675,000 | -8.2% | 0.0% |
| Lend Smart Mortgage, LLC | $675,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $305,000 | $660,000 | 116.4% | 0.0% |
| Loan Simple, Inc. | $1,055,000 | $655,000 | -37.9% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $7,435,000 | $645,000 | -91.3% | 0.0% |
| Bethpage Federal Credit Union | $435,000 | $645,000 | 48.3% | 0.0% |
| HOMESTEAD FUNDING CORP. | $2,170,000 | $645,000 | -70.3% | 0.0% |
| Kwik Mortgage Corporation | $1,045,000 | $645,000 | -38.3% | 0.0% |
| Mid-Continent Funding, Inc. | $645,000 | n/a | 0.0% | |
| WESTCOAST MORTGAGE GROUP AND REALTY COMPANY | $635,000 | $645,000 | 1.6% | 0.0% |
| TOWNE MORTGAGE COMPANY | $4,945,000 | $640,000 | -87.1% | 0.0% |
| First Guaranty Mortgage Corporation | $17,855,000 | $635,000 | -96.4% | 0.0% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $635,000 | n/a | 0.0% | |
| FBC MORTGAGE, LLC | $625,000 | n/a | 0.0% | |
| Actors Federal Credit Union | $605,000 | n/a | 0.0% | |
| Greenbox Loans, Inc. | $5,150,000 | $590,000 | -88.5% | 0.0% |
| Citywide Banks | $585,000 | n/a | 0.0% | |
| OAKTREE FUNDING CORP. | $8,345,000 | $565,000 | -93.2% | 0.0% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $1,325,000 | $555,000 | -58.1% | 0.0% |
| BECKAM FUNDING CORP. | $1,955,000 | $545,000 | -72.1% | 0.0% |
| CTBC Bank Corp. (USA) | $545,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $2,215,000 | $540,000 | -75.6% | 0.0% |
| Service Federal Credit Union | $540,000 | n/a | 0.0% | |
| ALAMEDA MORTGAGE CORPORATION | $3,945,000 | $535,000 | -86.4% | 0.0% |
| GREAT LAKES | $535,000 | n/a | 0.0% | |
| Magnolia Bank | $700,000 | $535,000 | -23.6% | 0.0% |
| Golden Bank | $525,000 | n/a | 0.0% | |
| MK LENDING CORP. | $1,440,000 | $525,000 | -63.5% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $730,000 | $515,000 | -29.5% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $505,000 | n/a | 0.0% | |
| GOOGAIN, INC. | $7,735,000 | $505,000 | -93.5% | 0.0% |
| HomeTrust Bank | $605,000 | $505,000 | -16.5% | 0.0% |
| JMAC LENDING, INC. | $3,895,000 | $505,000 | -87.0% | 0.0% |
| VICTORIA FINANCIAL CORP. | $305,000 | $495,000 | 62.3% | 0.0% |
| Nations Lending Corporation | $3,355,000 | $485,000 | -85.5% | 0.0% |
| LIMA ONE CAPITAL, LLC | $475,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $1,750,000 | $465,000 | -73.4% | 0.0% |
| Stifel Bank and Trust | $10,845,000 | $455,000 | -95.8% | 0.0% |
| TRAVIS CREDIT UNION | $455,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $335,000 | $445,000 | 32.8% | 0.0% |
| UNION HOME MORTGAGE CORP. | $345,000 | $435,000 | 26.1% | 0.0% |
| FIRST ENTERTAINMENT | $655,000 | $425,000 | -35.1% | 0.0% |
| MORIA DEVELOPMENT, INC. | $2,375,000 | $425,000 | -82.1% | 0.0% |
| First National Bank of America | $395,000 | n/a | 0.0% | |
| First State Bank | $395,000 | n/a | 0.0% | |
| 1ST NORTHERN CALIFORNIA | $355,000 | $385,000 | 8.5% | 0.0% |
| Operating Engineers Local Union #3 | $155,000 | $385,000 | 148.4% | 0.0% |
| R M K FINANCIAL CORP. | $575,000 | $385,000 | -33.0% | 0.0% |
| Self-Help Federal Credit Union | $385,000 | n/a | 0.0% | |
| Bank of Hope | $365,000 | n/a | 0.0% | |
| Third Coast Bank SSB | $365,000 | n/a | 0.0% | |
| COUNTRY CLUB MORTGAGE, INC. | $2,485,000 | $355,000 | -85.7% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $255,000 | $355,000 | 39.2% | 0.0% |
| GENEVA FINANCIAL, LLC | $1,890,000 | $345,000 | -81.7% | 0.0% |
| Advisors Mortgage Group, L.L.C. | $345,000 | $315,000 | -8.7% | 0.0% |
| CAMPOS FINANCIAL CORP. | $540,000 | $315,000 | -41.7% | 0.0% |
| Murphy Bank | $835,000 | $310,000 | -62.9% | 0.0% |
| UNIVERSITY CREDIT UNION | $310,000 | n/a | 0.0% | |
| BRIDGELOCK CAPITAL | $305,000 | n/a | 0.0% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $2,230,000 | $305,000 | -86.3% | 0.0% |
| REDWOOD | $305,000 | n/a | 0.0% | |
| SACRAMENTO Credit Union | $295,000 | n/a | 0.0% | |
| California Coast Credit Union | $255,000 | n/a | 0.0% | |
| FAY SERVICING, LLC | $685,000 | $255,000 | -62.8% | 0.0% |
| JTF ROSE, INC. | $255,000 | n/a | 0.0% | |
| SAN FRANCISCO FIRE CREDIT UNION | $2,980,000 | $255,000 | -91.4% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,230,000 | $240,000 | -80.5% | 0.0% |
| Platinum Home Mortgage Corporation | $235,000 | n/a | 0.0% | |
| PremierOne Credit Union | $640,000 | $220,000 | -65.6% | 0.0% |
| COMMUNITYAMERICA | $215,000 | n/a | 0.0% | |
| Financial Partners Credit Union | $1,255,000 | $215,000 | -82.9% | 0.0% |
| First State Bank of St. Charles, Missouri | $215,000 | n/a | 0.0% | |
| SANTA CLARA COUNTY | $1,805,000 | $215,000 | -88.1% | 0.0% |
| BANC ONE MORTGAGE CORPORATION | $205,000 | n/a | 0.0% | |
| EMM LOANS LLC | $1,420,000 | $205,000 | -85.6% | 0.0% |
| 1ST UNITED SERVICES CREDIT UNION | $470,000 | $195,000 | -58.5% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $12,995,000 | $195,000 | -98.5% | 0.0% |
| SESLOC | $1,930,000 | $190,000 | -90.2% | 0.0% |
| THE POLICE Credit Union | $940,000 | $190,000 | -79.8% | 0.0% |
| ALL IN | $185,000 | n/a | 0.0% | |
| Alaska USA Federal Credit Union | $2,130,000 | $175,000 | -91.8% | 0.0% |
| Noble Federal Credit Union | $205,000 | $175,000 | -14.6% | 0.0% |
| WESCOM CENTRAL CREDIT UNION | $145,000 | $175,000 | 20.7% | 0.0% |
| CBC Federal Credit Union | $155,000 | n/a | 0.0% | |
| COASTHILLS | $570,000 | $155,000 | -72.8% | 0.0% |
| HANSCOM | $155,000 | n/a | 0.0% | |
| ADVANTIS | $135,000 | n/a | 0.0% | |
| JUSTICE Federal Credit Union | $135,000 | n/a | 0.0% | |
| Credit Union of Southern California | $125,000 | n/a | 0.0% | |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $125,000 | n/a | 0.0% | |
| Truity Federal Credit Union | $115,000 | n/a | 0.0% | |
| Central Bank | $105,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $355,000 | $105,000 | -70.4% | 0.0% |
| RMS & Associates | $85,000 | $85,000 | 0.0% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $815,000 | $85,000 | -89.6% | 0.0% |
| Southwest Airlines Federal Credit Union | $85,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $65,000 | n/a | 0.0% | |
| SOUTHLAND CREDIT UNION | $65,000 | n/a | 0.0% |
SALINAS's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 9.5% market share. In second place, with 6.1%, is First Republic Bank, having originated $220,900,000 in loans. In third place, with 5.8%, is Bank of America, having originated $209,120,000 in loans. In fourth place, with 5.8%, is QUICKEN LOANS, LLC, having originated $206,985,000 in loans. In fifth place, with 5.2%, is Wells Fargo Bank, having originated $185,195,000 in loans.
SALINAS Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SALINAS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $931,050 (7.2%) | $2,034,550 (9.7%) | 3.45 | 557 |
| 2018-02-01 | $995,000 (8.8%) | $2,071,713 (-1.0%) | 3.62 | 572 |
| 2018-03-01 | $980,000 (5.7%) | $1,965,706 (-7.2%) | 3.44 | 613 |
| 2018-04-01 | $933,250 (-0.6%) | $2,067,904 (1.2%) | 3.16 | 655 |
| 2018-05-01 | $945,923 (1.6%) | $2,061,974 (3.6%) | 3.16 | 672 |
| 2018-06-01 | $965,000 (1.6%) | $2,109,380 (2.8%) | 3.22 | 676 |
| 2018-07-01 | $922,500 (-3.8%) | $1,968,788 (-4.1%) | 3.08 | 737 |
| 2018-08-01 | $882,495 (-7.1%) | $2,002,126 (-0.9%) | 2.96 | 762 |
| 2018-09-01 | $889,000 (-5.9%) | $2,022,816 (1.3%) | 2.99 | 797 |
| 2018-10-01 | $854,725 (-8.4%) | $1,944,286 (-0.2%) | 2.90 | 818 |
| 2018-11-01 | $849,000 (-9.8%) | $1,934,309 (0.4%) | 2.88 | 805 |
| 2018-12-01 | $867,000 (-7.8%) | $1,947,672 (-2.6%) | 2.99 | 740 |
| 2019-01-01 | $852,500 (-8.4%) | $1,990,829 (-2.2%) | 2.95 | 655 |
| 2019-02-01 | $910,000 (-8.5%) | $2,045,931 (-1.2%) | 3.07 | 690 |
| 2019-03-01 | $937,857 (-4.3%) | $2,051,776 (4.4%) | 3.07 | 702 |
| 2019-04-01 | $992,000 (6.3%) | $2,075,899 (0.4%) | 3.15 | 710 |
| 2019-05-01 | $996,750 (5.4%) | $2,020,378 (-2.0%) | 3.12 | 734 |
| 2019-06-01 | $1,095,000 (13.5%) | $2,157,119 (2.3%) | 3.42 | 793 |
| 2019-07-01 | $1,115,000 (20.9%) | $2,156,219 (9.5%) | 3.49 | 803 |
| 2019-08-01 | $1,161,364 (31.6%) | $2,221,273 (11.0%) | 3.68 | 806 |
| 2019-09-01 | $1,140,909 (28.3%) | $2,148,596 (6.2%) | 3.65 | 803 |
| 2019-10-01 | $1,124,750 (31.6%) | $2,084,645 (7.2%) | 3.63 | 796 |
| 2019-11-01 | $1,098,000 (29.3%) | $2,113,554 (9.3%) | 3.60 | 718 |
| 2019-12-01 | $1,000,000 (15.3%) | $2,107,268 (8.2%) | 3.33 | 611 |
| 2020-01-01 | $999,999 (17.3%) | $2,044,437 (2.7%) | 3.34 | 529 |
| 2020-02-01 | $1,150,000 (26.4%) | $2,245,289 (9.7%) | 3.77 | 556 |
| 2020-03-01 | $1,137,000 (21.2%) | $2,194,233 (6.9%) | 3.56 | 578 |
| 2020-04-01 | $1,089,000 (9.8%) | $2,115,161 (1.9%) | 3.41 | 585 |
| 2020-05-01 | $995,000 (-0.2%) | $2,025,381 (0.3%) | 3.02 | 640 |
| 2020-06-01 | $1,066,750 (-2.6%) | $2,135,686 (-1.0%) | 3.14 | 594 |
| 2020-07-01 | $1,192,250 (6.9%) | $2,256,238 (4.6%) | 3.46 | 503 |
| 2020-08-01 | $1,290,000 (11.1%) | $2,473,904 (11.4%) | 3.70 | 438 |
| 2020-09-01 | $1,296,500 (13.6%) | $2,539,168 (18.2%) | 3.71 | 412 |
| 2020-10-01 | $1,295,000 (15.1%) | $2,568,295 (23.2%) | 3.71 | 402 |
| 2020-11-01 | $1,345,250 (22.5%) | $2,609,349 (23.5%) | 3.93 | 387 |
| 2020-12-01 | $1,328,250 (32.8%) | $2,782,940 (32.1%) | 3.95 | 347 |
| 2021-01-01 | $1,295,000 (29.5%) | $2,871,440 (40.5%) | 3.87 | 316 |
| 2021-02-01 | $1,271,200 (10.5%) | $2,891,331 (28.8%) | 3.70 | 298 |
| 2021-03-01 | $1,293,500 (13.8%) | $2,899,752 (32.2%) | 3.67 | 274 |
| 2021-04-01 | $1,192,500 (9.5%) | $2,730,254 (29.1%) | 3.23 | 286 |
| 2021-05-01 | $1,199,000 (20.5%) | $2,665,909 (31.6%) | 3.19 | 286 |
| 2021-06-01 | $1,174,500 (10.1%) | $2,549,472 (19.4%) | 3.09 | 307 |
| 2021-07-01 | $1,125,000 (-5.6%) | $2,582,685 (14.5%) | 2.97 | 317 |
| 2021-08-01 | $1,199,250 (-7.0%) | $2,789,901 (12.8%) | 3.20 | 346 |
| 2021-09-01 | $1,149,000 (-11.4%) | $2,687,940 (5.9%) | 3.06 | 332 |
| 2021-10-01 | $1,099,500 (-15.1%) | $2,707,348 (5.4%) | 2.93 | 326 |
| 2021-11-01 | $1,072,500 (-20.3%) | $2,665,995 (2.2%) | 2.87 | 266 |
| 2021-12-01 | $1,030,500 (-22.4%) | $2,785,968 (0.1%) | 2.79 | 209 |
| 2022-01-01 | $1,099,000 (-15.1%) | $3,111,250 (8.4%) | 2.97 | 173 |
| 2022-02-01 | $1,017,500 (-20.0%) | $2,880,408 (-0.4%) | 2.65 | 196 |
| 2022-03-01 | $1,099,750 (-15.0%) | $2,847,511 (-1.8%) | 2.75 | 205 |
| 2022-04-01 | $995,000 (-16.6%) | $2,531,893 (-7.3%) | 2.37 | 271 |
| 2022-05-01 | $949,750 (-20.8%) | $2,423,603 (-9.1%) | 2.17 | 324 |
| 2022-06-01 | $999,248 (-14.9%) | $2,397,498 (-6.0%) | 2.23 | 366 |
| 2022-07-01 | $999,000 (-11.2%) | $2,308,169 (-10.6%) | 2.25 | 411 |
| 2022-08-01 | $992,444 (-17.2%) | $2,356,231 (-15.5%) | 2.29 | 456 |
| 2022-09-01 | $978,222 (-14.9%) | $2,398,835 (-10.8%) | 2.29 | 440 |
| 2022-10-01 | $905,000 (-17.7%) | $2,328,307 (-14.0%) | 2.13 | 420 |
| 2022-11-01 | $936,900 (-12.6%) | $2,292,323 (-14.0%) | 2.25 | 424 |
| 2022-12-01 | $950,000 (-7.8%) | $2,398,931 (-13.9%) | 2.35 | 353 |
| 2023-01-01 | $981,000 (-10.7%) | $2,454,052 (-21.1%) | 2.43 | 323 |
| 2023-02-01 | $1,241,250 (22.0%) | $2,725,104 (-5.4%) | 3.00 | 301 |
| 2023-03-01 | $1,250,750 (13.7%) | $2,719,292 (-4.5%) | 2.95 | 294 |
| 2023-04-01 | $1,300,000 (30.7%) | $2,756,924 (8.9%) | 3.02 | 272 |
| 2023-05-01 | $1,398,500 (47.3%) | $2,767,943 (14.2%) | 3.17 | 303 |
SALINAS's median listing price for 2023-05-01 was $1,398,500, a difference of
$448,750
(47.3%) versus the prior year and
$98,500 versus the prior month.
SALINAS's median listing price comes in at 317% of the national average.
SALINAS's average listing price for 2023-05-01 was $2,767,943, a difference of $344,340 (14.2%) versus the prior year and $11,019 versus the prior month.
For the 2023-05-01 period, SALINAS had 303 MLS listings, a difference of 31 listings (11%) versus the prior month and -21 listings (-6%) versus the prior year.
SALINAS's median listing price comes in at 317% of the national average.
SALINAS's average listing price for 2023-05-01 was $2,767,943, a difference of $344,340 (14.2%) versus the prior year and $11,019 versus the prior month.
For the 2023-05-01 period, SALINAS had 303 MLS listings, a difference of 31 listings (11%) versus the prior month and -21 listings (-6%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SALINAS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 83 days | 2,020 sqft |
| 2018-02-01 | 62 days | 2,029 sqft |
| 2018-03-01 | 47 days | 1,991 sqft |
| 2018-04-01 | 51 days | 1,984 sqft |
| 2018-05-01 | 52 days | 1,963 sqft |
| 2018-06-01 | 55 days | 1,976 sqft |
| 2018-07-01 | 55 days | 1,948 sqft |
| 2018-08-01 | 57 days | 1,939 sqft |
| 2018-09-01 | 57 days | 1,941 sqft |
| 2018-10-01 | 60 days | 1,937 sqft |
| 2018-11-01 | 69 days | 1,906 sqft |
| 2018-12-01 | 80 days | 1,843 sqft |
| 2019-01-01 | 87 days | 1,806 sqft |
| 2019-02-01 | 75 days | 1,858 sqft |
| 2019-03-01 | 60 days | 1,902 sqft |
| 2019-04-01 | 57 days | 1,974 sqft |
| 2019-05-01 | 59 days | 2,012 sqft |
| 2019-06-01 | 59 days | 2,095 sqft |
| 2019-07-01 | 63 days | 2,101 sqft |
| 2019-08-01 | 67 days | 2,129 sqft |
| 2019-09-01 | 75 days | 2,126 sqft |
| 2019-10-01 | 80 days | 2,124 sqft |
| 2019-11-01 | 88 days | 2,164 sqft |
| 2019-12-01 | 99 days | 2,147 sqft |
| 2020-01-01 | 92 days | 2,109 sqft |
| 2020-02-01 | 65 days | 2,127 sqft |
| 2020-03-01 | 53 days | 2,126 sqft |
| 2020-04-01 | 65 days | 2,081 sqft |
| 2020-05-01 | 72 days | 2,070 sqft |
| 2020-06-01 | 76 days | 2,111 sqft |
| 2020-07-01 | 61 days | 2,114 sqft |
| 2020-08-01 | 56 days | 2,160 sqft |
| 2020-09-01 | 57 days | 2,148 sqft |
| 2020-10-01 | 57 days | 2,155 sqft |
| 2020-11-01 | 59 days | 2,152 sqft |
| 2020-12-01 | 59 days | 2,182 sqft |
| 2021-01-01 | 59 days | 2,133 sqft |
| 2021-02-01 | 60 days | 2,085 sqft |
| 2021-03-01 | 52 days | 2,034 sqft |
| 2021-04-01 | 51 days | 1,991 sqft |
| 2021-05-01 | 40 days | 1,965 sqft |
| 2021-06-01 | 41 days | 2,005 sqft |
| 2021-07-01 | 39 days | 1,978 sqft |
| 2021-08-01 | 39 days | 1,941 sqft |
| 2021-09-01 | 40 days | 1,935 sqft |
| 2021-10-01 | 47 days | 1,876 sqft |
| 2021-11-01 | 52 days | 1,879 sqft |
| 2021-12-01 | 73 days | 1,798 sqft |
| 2022-01-01 | 57 days | 1,842 sqft |
| 2022-02-01 | 26 days | 1,800 sqft |
| 2022-03-01 | 30 days | 1,936 sqft |
| 2022-04-01 | 26 days | 1,800 sqft |
| 2022-05-01 | 26 days | 1,755 sqft |
| 2022-06-01 | 31 days | 1,814 sqft |
| 2022-07-01 | 37 days | 1,838 sqft |
| 2022-08-01 | 43 days | 1,807 sqft |
| 2022-09-01 | 47 days | 1,849 sqft |
| 2022-10-01 | 51 days | 1,834 sqft |
| 2022-11-01 | 60 days | 1,817 sqft |
| 2022-12-01 | 71 days | 1,862 sqft |
| 2023-01-01 | 80 days | 1,869 sqft |
| 2023-02-01 | 61 days | 1,914 sqft |
| 2023-03-01 | 47 days | 1,918 sqft |
| 2023-04-01 | 45 days | 1,888 sqft |
| 2023-05-01 | 39 days | 1,960 sqft |
SALINAS's median listing age (time on market) for 2023-05-01 was 39 days.
This
is 49%
longer
than the same period one year ago.
SALINAS's median square footage for active listings during the 2023-05-01 period was 1,960 sqft. One year prior, the average listing was 1,755 sqft.
SALINAS's median square footage for active listings during the 2023-05-01 period was 1,960 sqft. One year prior, the average listing was 1,755 sqft.
SALINAS, CA Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 93210 | Salinas, CA | $1,220 | $1,320 | $1,620 | $2,310 | $2,610 |
| 93426 | Salinas, CA | $1,220 | $1,320 | $1,620 | $2,310 | $2,590 |
| 93450 | Salinas, CA | $1,220 | $1,320 | $1,620 | $2,310 | $2,540 |
| 93451 | Salinas, CA | $1,360 | $1,490 | $1,940 | $2,750 | $3,110 |
| 93461 | Salinas, CA | $1,420 | $1,560 | $2,050 | $2,920 | $3,310 |
| 93901 | Salinas, CA | $1,450 | $1,530 | $1,860 | $2,640 | $2,910 |
| 93902 | Salinas, CA | $1,540 | $1,620 | $1,970 | $2,800 | $3,090 |
| 93905 | Salinas, CA | $1,340 | $1,410 | $1,720 | $2,440 | $2,690 |
| 93906 | Salinas, CA | $1,630 | $1,720 | $2,090 | $2,970 | $3,270 |
| 93907 | Salinas, CA | $1,620 | $1,710 | $2,080 | $2,950 | $3,260 |
| 93908 | Salinas, CA | $2,300 | $2,420 | $2,950 | $4,190 | $4,620 |
| 93912 | Salinas, CA | $1,540 | $1,620 | $1,970 | $2,800 | $3,090 |
| 93915 | Salinas, CA | $1,540 | $1,620 | $1,970 | $2,800 | $3,090 |
| 93920 | Salinas, CA | $1,760 | $1,850 | $2,270 | $3,220 | $3,550 |
| 93921 | Salinas, CA | $2,210 | $2,330 | $2,840 | $4,030 | $4,450 |
| 93922 | Salinas, CA | $1,540 | $1,620 | $1,970 | $2,800 | $3,090 |
| 93923 | Salinas, CA | $2,220 | $2,340 | $2,850 | $4,050 | $4,460 |
| 93924 | Salinas, CA | $1,930 | $2,030 | $2,470 | $3,510 | $3,870 |
| 93925 | Salinas, CA | $1,220 | $1,320 | $1,620 | $2,310 | $2,610 |
| 93926 | Salinas, CA | $1,260 | $1,330 | $1,620 | $2,310 | $2,540 |
| 93927 | Salinas, CA | $1,380 | $1,450 | $1,770 | $2,510 | $2,770 |
| 93928 | Salinas, CA | $1,540 | $1,620 | $1,970 | $2,800 | $3,090 |
| 93930 | Salinas, CA | $1,220 | $1,320 | $1,620 | $2,310 | $2,610 |
| 93932 | Salinas, CA | $1,220 | $1,320 | $1,620 | $2,310 | $2,540 |
| 93933 | Salinas, CA | $1,500 | $1,590 | $1,930 | $2,740 | $3,020 |
| 93940 | Salinas, CA | $2,070 | $2,180 | $2,650 | $3,760 | $4,150 |
| 93942 | Salinas, CA | $1,540 | $1,620 | $1,970 | $2,800 | $3,090 |
| 93943 | Salinas, CA | $1,540 | $1,620 | $1,970 | $2,800 | $3,090 |
| 93944 | Salinas, CA | $1,540 | $1,620 | $1,970 | $2,800 | $3,090 |
| 93950 | Salinas, CA | $2,030 | $2,140 | $2,600 | $3,690 | $4,070 |
| 93953 | Salinas, CA | $2,300 | $2,420 | $2,950 | $4,190 | $4,620 |
| 93954 | Salinas, CA | $1,220 | $1,320 | $1,620 | $2,310 | $2,540 |
| 93955 | Salinas, CA | $1,730 | $1,820 | $2,220 | $3,150 | $3,480 |
| 93960 | Salinas, CA | $1,390 | $1,460 | $1,780 | $2,530 | $2,790 |
| 93962 | Salinas, CA | $2,300 | $2,420 | $2,950 | $4,190 | $4,620 |
| 95004 | Salinas, CA | $1,430 | $1,540 | $1,910 | $2,720 | $3,080 |
| 95012 | Salinas, CA | $1,220 | $1,320 | $1,620 | $2,310 | $2,540 |
| 95039 | Salinas, CA | $1,220 | $1,320 | $1,630 | $2,310 | $2,540 |
| 95076 | Salinas, CA | $2,010 | $2,310 | $2,750 | $3,590 | $4,140 |
2022 Average & Median Rent Data Statistics
SALINAS, CA average 1BR rent: $1,689, median: $1,620
SALINAS, CA average 2BR rent: $2,067, median: $1,970
SALINAS, CA average 3BR rent: $2,929, median: $2,800
SALINAS, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,285 | $1,739,205,000 | $761,140 |
| Cash Out Refi | 1,542 | $778,900,000 | $505,123 |
| Refi | 1,097 | $682,445,000 | $622,101 |
| Home Improvement | 519 | $125,275,000 | $241,378 |
| Other | 434 | $263,960,000 | $608,203 |
| NA | 4 | $2,150,000 | $537,500 |
Salinas's most frequently cited loan purpose was Home Purchase, with 2,285 originations. The 2nd most popular reason was Cash Out Refi, with 1,542 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,686 | $1,023,390,000 | $606,993 |
| 4-5% | 1,317 | $830,075,000 | $630,277 |
| 5-6% | 988 | $586,560,000 | $593,684 |
| 2.5-3% | 627 | $486,345,000 | $775,670 |
| 6-7% | 463 | $230,285,000 | $497,376 |
| <2.5% | 389 | $266,605,000 | $685,360 |
| 7-8% | 205 | $83,275,000 | $406,220 |
| Over 8% | 196 | $78,260,000 | $399,286 |
During 2022, Salinas's most frequently originated rate bucket was 3-4%, with 1,686 originations.
Loan Sizing (SALINAS, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $400k-600k | 1,537 | $762,855,000 | $496,327 |
| $200k-400k | 1,443 | $429,155,000 | $297,405 |
| $600k-1000k | 1,346 | $984,060,000 | $731,100 |
| $100k-200k | 637 | $90,015,000 | $141,311 |
| $Over $1MM | 617 | $1,307,395,000 | $2,118,955 |
| $100,000 or less | 301 | $18,455,000 | $61,312 |
SALINAS's loan sizing saw the bucket of loans from $400k-600k with 1,537 originations, totaling $762,855,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 1,463 | $1,196,615,000 | $817,919 |
| 80-100% | 1,247 | $870,205,000 | $697,839 |
| 40-60% | 1,240 | $898,500,000 | $724,597 |
| 20-40% | 991 | $423,765,000 | $427,614 |
| Under 20% | 855 | $145,435,000 | $170,099 |
| Over 100% | 34 | $30,500,000 | $897,059 |
SALINAS's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,463 originations, totaling $1,196,615,000 in origination value.