Catalina Island Real Estate
|
|
This is an overview of the Catalina Island real estate market, primarily Avalon, which is the island's town. It is intended as a resource for investors and other home buyers when researching Catalina Island homes for sale.
The information is compiled from many sources, and will be updated every 3 months, however, some of the sources drawn from may be a few years older.
Last updated 3/15/2010.
Here are some recent listings of Avalon, Catalina Island real estate.
OVERVIEW
Avalon, the main town on Catalina Island, is located in Los Angeles County in Southern California. The area code is 310 and the zip code is 90704.
The population is around 3100 and the area of Avalon covers 2.81 square miles.
Compared to the rest of California, Avalon, Catalina Island has a smaller portion of foreign born people, and a higher percentage of hispanic people and a higher percentage of foreign born people. The number of rooms per house is much lower than the state average and there is a higher percentage of renters as well.
Click here for more info on Catalina Island California.
MEDIAN HOME PRICE
The median home value according to Zillow.com is $557,000 and the median sale price for according to Cyberhomes is $595,000.
Planning to Sell or Buy a Home? Compare REALTORS® First. It's Fast and Free!
PROPERTY TAXES
The median property taxes for houses with a mortgage are around $2564.
RENTS
The median gross rent is $1197 with a 5.4% vacancy rate.
RENTERS VS. HOMEOWNERS
Around 46% are renters and a whopping 38% of homes are vacant.
MEDIAN INCOME
The estimated median household income is $67,000.
THE HOUSES
Most of Catalina Island real estate was built before the 1940's, with the next largest group being built in the 1970's. The third largest group was built in the 1980s.
JOBS
The most common 3 occupations include sale & office, service oriented and management & business.
There was 13.6% unemployment as of February of 2010.
COMMUTING
The average time for commuters to get to work is 19 minutes. Approximately 4% work from home.
THE PEOPLE
Ethnic makeup in this area is 51% white non-hispanic, 46% hispanic and 20% other. Of the 25% foreign born residents, most are from Mexico.
EDUCATION
20% have a bachelor's degree or higher, while 6% have a graduate or professional degree.
THE WEATHER
Temperatures range from 72 in summer to 47 degrees Fahrenheit in winter. There are usually 33 days of precipitation and you can expect about 262 sunny days per year. Rainfall is 12 inches annually.
CRIME
Crime is higher here than the national average.
DISCLAIMER: All information is obtained amd combined from multiple sources but we cannot guarantee their accuracy.
Back from the Catalina Island Real Estate page to the Homes For Sale Southern California Real Estate page.
Return to the Coastal California Real Estate home page.
