Quick Weekly Santa Monica Real Estate Market Update – January 6 to 13, 2012

Santa Monica Real Estate – Single Family Homes:
Active Listings: 67
* Short Sales – 5
* Bank Owned/REO – 2

Of the 67 active Santa Monica homes for sale, 16 had their List Price decreased, and 2 of them actually increased in list price.

Current Pending Sales: 37
* Short Sales – 10
* Bank Owned/REO – 2

Total Sales: 2
* Short Sales – 0
* Bank Owned/REO – 0

Average Days on the Market for the 2 sold Santa Monica homes for sale was 223

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 96.95%

Average Selling Price was $1,587,500.00

View all homes for sale in Santa Monica here

Santa Monica Real Estate – Condominiums:

Active Listings: 125
* Short Sales – 16
* Bank Owned/REO – 8

Of the 125 active Santa Monica condominiums for sale, 38 had their List Price decreased, and 6 of them actually increased in price.

Current Pending Santa Monica Condominiums for Sale: 47
* Short Sales – 14
* Bank Owned/REO – 5

Total Santa Monica Condominium Sales: 7
* Short Sales – 2
* Bank Owned/REO- 0

Average Days on the Market for the 7 sold Santa Monica condominium for sale: 85

Average Selling Price versus the Average List Price of Santa Monica condominiums for sale: 95.91%

Average Selling Price was $1,077,857.00

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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