Santa Monica Half-Yearly Housing Market Report June 2012

Santa Monica, is “California’s Most Celebrated Beach City” and one of National Geographic’s “Top 10 Beach Cities in the World” with many award-winning hotels, restaurants and attractions. There are various distinct neighborhoods (see Santa Monica community information), each with its own unique character, and varied housing affordability.  The closer to the ocean and the further north you go, the more expensive it gets. For the purposes of this Santa Monica housing market report the areas will be broken down by zip code.

Santa Monica Single Family Homes

90401 - Downtown Santa Monica

Sold Median High Low Active Pending
 2  $3,537,500 $5,825,000  $1,250,000 3 0

90402 - which includes the areas of Santa Monica Canyon, North of San Vicente,  and North of Montana and the northern part of Ocean Avenue (which includes the luxury condo buildings).

Sold Median High Low Active Pending
 56 $2,487,500 $9,400,375  $875,000 32 13

 90403  – North of Wilshire, parts of Ocean Avenue (also including some of the luxury condo complexes),

Sold Median High Low Active Pending
 16 $1,930,000 $4,550,000 $650,000  8 6

90404 - Mid-City and Sunset Park

Sold Median High Low Active Pending
 7 $580,000 $679,000 $500,000 9 3

90405Pico District and Ocean Park

Sold Median High Low Active Pending
 43 $935,000  $3,200,000 $600,000 21 18

Santa Monica Condos

90401

Sold Median High Low Active Pending
 9 $580,000 $821,000 $320,000  1  3

90402

Sold Median High Low Active Pending
 23 $1,160  $10,500,000 $277,000 19 6

90403

Sold Median High Low Active Pending
 90  $747,500 $1,650,000 $283,000 33 31

90404

Sold Median High Low Active Pending
 44 $494,500  $972,500 $255,000 21 23

90405

Sold Median High Low Active Pending
 39 $580,000 #,350,000 $302,500  28  28

All information provided by MLS/CLAW is deemed accurate but is not guaranteed.

Santa Monica real estate is very much a sellers’ market.  Inventory is low, buyers are looking.  Santa Monica home sellers, now is a great time to be putting your home on the market.

Homes for Sale in Santa Monica

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

Jane Peters

Jane Peters is a Los Angeles Realtor®, specializing in absentee owners, out-of-town-buyers and those needing that extra personal touch to make the buying and selling of Los Angeles real estate a smooth and, believe it or not, fun process.

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