Tuesday, August 16, 2011

Quick Weekly Santa Monica Real Estate Market Update ? August 5 ...

Quick Weekly Santa Monica Real Estate Market Update ? August 5, 2011 to August 12, 2011

Santa Monica Real Estate ? Single Family Homes:

Active Listings: 93
* Short Sales ? 4
* Bank Owned/REO ? 3Of the 88 active Santa Monica homes for sale, 33 had their List Price decreased, and 2 actually increased in list price.

Current Pending Sales: 44
* Short Sales ? 8
* Bank Owned/REO ? 0

Total Sales: 4
* Short Sales ? 0
* Bank Owned/REO ? 0

Average Days on the Market for the 4 sold Santa?Monica homes for sale was 58

Average Selling Price versus the Average List?Price of Santa Monica homes for sale was 96.31%

Average Selling Price was $3,977,500.00

Santa Monica Real Estate ? Condominiums:

Active Listings: 146
* Short Sales ? 14
* Bank Owned/REO ? 10

Of the 146 active Santa Monica condominiums for sale, 63 had their List Price decreased, and none of them actually increased in price.

Current Pending Santa Monica Condominiums for?Sale: 44
* Short Sales ? 12
* Bank Owned/REO ? 2

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

Average Days on the Market for the 12 sold Santa Monica condominiums for sale: 134

Average Selling Price versus the Average List Price of?Santa Monica condominiums for sale: 93.56%

Average Selling Price was $831,125.00

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?

Source: http://bestsideofthewestside.com/2011/08/15/quick-weekly-santa-monica-real-estate-market-update-%E2%80%93-august-5-2011-to-august-12-2011/

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