Quick Weekly Santa Monica Real Estate Market Update – January 20 to 27, 2012

Santa Monica Real Estate – Single Family Homes:
Active Listings: 62
* Short Sales – 2
* Bank Owned/REO – 1

Of the 62 active Santa Monica homes for sale, 15 had their List Price decreased, and 3 of them actually increased in list price.

Current Pending Sales: 41
* Short Sales – 9
* Bank Owned/REO – 3

Total Sales: 4
* Short Sales – 1
* Bank Owned/REO – 0

Average Days on the Market for the 3 sold Santa Monica homes for sale was 199

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 94.37%

Average Selling Price was $3,203,844.00

View all homes for sale in Santa Monica here

Santa Monica Real Estate – Condominiums:

Active Listings: 121
* Short Sales – 14
* Bank Owned/REO – 9

Of the 121 active Santa Monica condominiums for sale, 37 had their List Price decreased, and 4 of them actually increased in price.

Current Pending Santa Monica Condominiums for Sale: 63
* Short Sales – 17
* Bank Owned/REO – 5

Total Santa Monica Condominium Sales: 5
* Short Sales – 1
* Bank Owned/REO- 1

Average Days on the Market for the 5 sold Santa Monica condominium for sale: 60

Average Selling Price versus the Average List Price of Santa Monica condominiums for sale: 95.44%

Average Selling Price was $947,800.00

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?

Tags: , , , ,

No comments yet.

Leave a Reply

*