Quick Weekly Santa Monica Real Estate Market Update – January 13 to 20, 2012

Santa Monica Real Estate – Single Family Homes:
Active Listings: 64
* Short Sales – 3
* Bank Owned/REO – 1

Of the 64 active Santa Monica homes for sale, 17 had their List Price decreased, and 2 of them actually increased in list price.

Current Pending Sales: 37
* Short Sales – 9
* Bank Owned/REO – 3

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

Average Days on the Market for the 2 sold Santa Monica homes for sale was 51

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 99.37%

Average Selling Price was $1,586,300.00

View all homes for sale in Santa Monica here

Santa Monica Real Estate – Condominiums:

Active Listings: 121
* Short Sales – 13
* Bank Owned/REO – 9

Of the 121 active Santa Monica condominiums for sale, 33 had their List Price decreased, and 5 of them actually increased in price.

Current Pending Santa Monica Condominiums for Sale: 57
* Short Sales – 16
* Bank Owned/REO – 5

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

Average Days on the Market for the 4 sold Santa Monica condominium for sale: 74

Average Selling Price versus the Average List Price of Santa Monica condominiums for sale: 98.86%

Average Selling Price was $778,250.00

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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