Quick Weekly Santa Monica Real Estate Market Update – January 27 to February 3, 2012

Santa Monica Real Estate – Single Family Homes:
Active Listings: 59
* Short Sales – 3
* Bank Owned/REO – 1

Of the 59 active Santa Monica homes for sale, 19 had their List Price decreased, and 3 of them actually increased in list price.

Current Pending Sales: 47
* Short Sales – 8
* Bank Owned/REO – 3

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 338

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 87.02%

Average Selling Price was $2,565,000.00

View all homes for sale in Santa Monica here

Santa Monica Real Estate – Condominiums:

Active Listings: 120
* Short Sales – 11
* Bank Owned/REO – 8

Of the 120 active Santa Monica condominiums for sale, 33 had their List Price decreased, and 4 of them actually increased in price.

Current Pending Santa Monica Condominiums for Sale: 68
* Short Sales – 19
* Bank Owned/REO – 7

Total Santa Monica Condominium Sales: 3
* Short Sales – 0
* Bank Owned/REO- 1

Average Days on the Market for the 3 sold Santa Monica condominium for sale: 62

Average Selling Price versus the Average List Price of Santa Monica condominiums for sale: 98.58%

Average Selling Price was $590,000.00

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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