It is not just the moderately-priced homes for sale in Los Angeles that encourage multiple offers and over-asking sale prices.
There is a home which just sold in Santa Monica. It is in a prime, desirable area, but a 40s house in original condition, just over 2,000 sq. ft. on a just under 9,000 sq. ft. lot.
Listed at $2.275M
On the market for 20 days
Sold for $3,000.000
$750,000 OVER ASKING!
13 sold over asking with an average sales vs list price of 106%, excluding the property above. Average days on the market 22.Over the past month there have been 30 single family homes sold in Santa Monica.
The rest sold with an average sales vs list price of 94.98% with average days on the market 81.
All 30 show a sales vs list price of 100.37% and an average of 54 days on the market.
There are presently 33 homes under contract and 33 listed on the market.
Santa Monica homeowners, if you ever thought of selling, now is as good a time as any.
Homes for sale in Santa Monica
$9,998,000 : 877 WOODACRES Road, Santa Monica4 beds, 3 baths
$3,795,000 : 2622 W 25TH ST. Street, Santa Monica4 beds, 4 baths
$1,199,000 : 3032 DELAWARE Avenue, Santa Monica3 beds, 1 bath
$1,250,000 : 2920 10TH Street, Santa Monica2 beds, 1 bath
$6,295,000 : 710 19TH Street, Santa Monica5 beds, 6 baths
$1,275,000 : 2937 VIRGINIA Avenue, Santa Monica3 beds, 2 baths
$3,695,000 : 143 WADSWORTH Avenue, Santa Monica6 beds, 2 baths
$1,599,000 : 1407 OAK Street, Santa Monica3 beds, 2 baths
$3,650,000 : 210 21ST Street, Santa Monica3 beds, 3 baths
$2,599,000 : 1165 CENTINELA Avenue, Santa Monica4 beds, 2 baths
$3,995,000 : 501 18TH Street, Santa Monica3 beds, 2 baths
$6,498,000 : 446 25TH Street, Santa Monica5 beds, 7 baths
$2,800,000 : 1326 SUNSET Avenue, Santa Monica4 beds, 3 baths
$6,395,000 : 835 SAN VICENTE, Santa Monica3 beds, 5 baths
$1,975,000 : 2221 21ST Street, Santa Monica2 beds, 1 bath
See all Santa Monica Homes for Sale.
(all data current as of 7/28/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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