Quick Weekly Santa Monica Real Estate Market Update – December 30, 2011 to January 6, 2012

Santa Monica Real Estate – Single Family Homes:
Active Listings: 63
* Short Sales – 4
* Bank Owned/REO – 3

Of the 63 active Santa Monica homes for sale, 17 had their List Price decreased, and 1 of them actually increased in list price.

Current Pending Sales: 34
* Short Sales – 10
* Bank Owned/REO – 1

Total Sales: 1
* Short Sales – 0
* Bank Owned/REO – 0

Average Days on the Market for the 1 sold Santa Monica home for sale was 397

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 93.94%

Average Selling Price was $775,500.00

View all homes for sale in Santa Monica here

Santa Monica Real Estate – Condominiums:

Active Listings: 122
* Short Sales – 15
* Bank Owned/REO – 9

Of the 122 active Santa Monica condominiums for sale, 46 had their List Price decreased, and 4 of them actually increased in price.

Current Pending Santa Monica Condominiums for Sale: 49
* Short Sales – 14
* Bank Owned/REO – 6

Total Santa Monica Condominium Sales: 4
* Short Sales – 1
* Bank Owned/REO- 0

Average Days on the Market for the 4 sold Santa Monica condominium for sale: 45

Average Selling Price versus the Average List Price of Santa Monica condominiums for sale: 82.89%

Average Selling Price was $3,365,125.00

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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