Quick Weekly Santa Monica Real Estate Market Update – February 10 to 17, 2012

Santa Monica Real Estate – Single Family Homes:
Active Listings: 64
* Short Sales – 2
* Bank Owned/REO – 2

Of the 64 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 – 2

Total Sales: 7
* Short Sales – 2
* Bank Owned/REO – 1

Average Days on the Market for the 7 sold Santa Monica homes for sale was 43

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 99.27%

Average Selling Price was $1,656,714.00

View all homes for sale in Santa Monica here

Santa Monica Real Estate – Condominiums:

Active Listings: 135
* Short Sales – 10
* Bank Owned/REO – 9

Of the 135 active Santa Monica condominiums for sale, 35 had their List Price decreased, and 4 of them actually increased in price.

Current Pending Santa Monica Condominiums for Sale: 60
* Short Sales – 19
* Bank Owned/REO – 6

Total Santa Monica Condominium Sales: 6
* Short Sales – 0
* Bank Owned/REO- 0

Average Days on the Market for the 6 sold Santa Monica condominium for sale: 73

Average Selling Price versus the Average List Price of Santa Monica condominiums for sale: 91.15%

Average Selling Price was $944,667.00

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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