These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community.
Agents, click here to share your opinions of this market.
For April 2012 Santa Monica Single Family Median Sales Price was $1,725,000 compared to $1,400,00 in April 2011 Looking at Santa Monica condos the Median Sales Price for April 2012 was $645,000. In 2011 it was $505,000. All data is from MLS....
MORE-> About Megan Whalen
Santa Monica, an affluent and highly desirable community has seen a slight drop in the last several years. This has resulted in a Buyers market. There are more Buyers looking and the inventory is starting to increase. Santa Monica...
MORE-> About Kate Bransfield
The median list price in SANTAMONICA, CA this week is $1,910,000. The 114 properties have been on the market for an average of 155 days. Inventory is up and the Market Action Index is trending down recently. With days-on-market trending lower,...
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April started with a shortage of good inventory and many multiple offers on listings. The market is very active with buyers moving quickly on well priced properties. In the month of April we ended the month with 70 active single family home...
MORE-> About Tracey Hennessey
WELCOME TO SANTA MONICA! As of late Santa Monica is experiencing a buyers market with prices slightly on the down side. The average price per sq ft of a single family residence is $734.81. Feel free to call me anytime @...
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by Jodi Summers "I am fully aware of the challenges that we face in restoring economic and financial conditions," observed Federal Reserve chairman Ben Bernanke in a recent speech. "With respect to longer-run prospects, however, my own view...
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Congratulations property owners! Santa Monica is moving closer to market parity. Parity in the local real estate market is said to be 3.7 months of inventory. Comparing March 2011 to March 2009, you'll notice that in the past two years, our...
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By Jodi Summers In Los Angeles County home prices and sales volumes are down…unless you live in Santa Monica. According to the Los Angeles Economic Development Corporation, home sales in Southern California fell in January to 14,458...
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By Jodi Summers Happy New Year! 2011 will be a good year for real estate in Santa Monica. Our market has reached parity - buyers and sellers now carry equal weight. Our real estate dynamic has balance. Next accomplishment, peace on earth. 2011...
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SANTA MONICA PROPERTY SNAPSHOT - DECEMBER 2010 -> 4 ZIP CODES ARE AMONG THE NATION'S HIGHEST By Jodi Summers 35 -104 -273 -283 - Hike! Santa Monica has four zip codes ranked on Forbes list of the 500 Most Expensive Zip Codes in the...
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SANTA MONICA REAL ESTATE SNAPSHOT - NOVEMBER 2010 By Jodi Summers In the U.S.A., existing-home sales - single-family, townhomes, condominiums, and co-ops, rose 10% to a seasonally adjusted annual rate of 4.53 million in September,...
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By Jodi Summers September was better in Santa Monica and the statistics are showing we have nothing to complain about. The old news was that, in August, sales volume declined throughout as prices inched up. Well, if you look at the number of...
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By Jodi Summers So, do you want the good news or the band news when it comes to the local residential housing market? Start with the bad, the end to the $8,000 federal tax credit incentive for buying home has ended, and hopefully, anyone who...
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So, do you want the good news or the band news when it comes to the local residential housing market? Start with the bad, the end to the $8,000 federal tax credit incentive for buying home has ended, and hopefully, anyone who wanted in on the tax...
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In Santa Monica, comparing May-08 vs. May-10, the median price of for sale properties is down 8%, and the median price of sold properties is down 22%. With the mean price dropping from $2,352,500 to $1,835,000, it a buyer's market. If you...
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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
