Quick Weekly Santa Monica Real Estate Market Update – August 12, 2011 to August 19, 2011

Santa Monica Real Estate – Single Family Homes:

Active Listings: 93
* Short Sales – 5
* Bank Owned/REO – 3

Of the 93 active Santa Monica homes for sale, 32 had their List Price decreased, and 2 actually increased in list price.

Current Pending Sales: 34
* Short Sales – 8
* Bank Owned/REO – 0

Total Sales: 5
* Short Sales – 0
* Bank Owned/REO – 0

Average Days on the Market for the 4 sold Santa Monica homes for sale was 19

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 98.14%

Average Selling Price was $3,185,000.00

View all homes for sale in Santa Monica here

Santa Monica Real Estate – Condominiums:

Active Listings: 143
* Short Sales – 15
* Bank Owned/REO – 12

Of the 143 active Santa Monica condominiums for sale, 59 had their List Price decreased, and none of them actually increased in price.

Current Pending Santa Monica Condominiums for
Sale: 47
* Short Sales – 12
* Bank Owned/REO – 2

Total Santa Monica Condominium Sales: 7
* Short Sales – 1
* Bank Owned/REO- 0

Average Days on the Market for the 12 sold Santa Monica condominiums for sale: 122

Average Selling Price versus the Average List Price of Santa Monica condominiums for sale: 75.59%

Average Selling Price was $704,292.00

Go here now if you want to search for Santa Monica Real Estate for sale.

Thinking about selling your Santa Monica or Westside Los Angeles real estate?

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