Quick Weekly Santa Monica Real Estate Market Update – February 3 to 10, 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, 19 had their List Price decreased, and 2 of them actually increased in list price.

Current Pending Sales: 46
* Short Sales – 7
* Bank Owned/REO – 3

Total Sales: 5
* Short Sales – 1
* Bank Owned/REO – 0

Average Days on the Market for the 5 sold Santa Monica homes for sale was 63

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 95.13%

Average Selling Price was $1,504,600.00

View all homes for sale in Santa Monica here

Santa Monica Real Estate – Condominiums:

Active Listings: 133
* Short Sales – 12
* Bank Owned/REO – 9

Of the 133 active Santa Monica condominiums for sale, 36 had their List Price decreased, and 4 of them actually increased in price.

Current Pending Santa Monica Condominiums for Sale: 67
* Short Sales – 18
* Bank Owned/REO – 6

Total Santa Monica Condominium Sales: 8
* Short Sales – 1
* Bank Owned/REO- 0

Average Days on the Market for the 8 sold Santa Monica condominium for sale: 60

Average Selling Price versus the Average List Price of Santa Monica condominiums for sale: 99.68%

Average Selling Price was $818,625.00

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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