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.
Santa Monica home sales over the past year
Homes for sale in Santa Monica
See all Santa Monica Homes for Sale.
(all data current as of 7/28/2014)
$869,000 : 1903 WARWICK AVE, Santa Monica3 beds, 1 full bath
$1,199,000 : 1927 18th Street, Santa Monica2 beds, 1 full bath
$4,995,000 : 241 19TH ST, Santa Monica5 beds, 5 full, 1 part baths
$4,495,000 : 721 23RD ST, Santa Monica5 beds, 4 full, 2 part baths
$1,458,000 : 640 HILL ST, Santa Monica3 beds, 2 full baths
$2,989,000 : 621 HIGHTREE RD, Santa Monica4 beds, 3 full baths
$1,900,000 : 1205 MAPLE ST, Santa Monica4 beds, 3 full baths
$11,888,000 : 345 W CHANNEL RD, Santa Monica8 beds, 8 full, 5 part baths
$2,275,000 : MLS # 14778221 in Santa Monica3 beds, 3 full baths
$2,595,000 : 815 CENTINELA AVE, Santa Monica4 beds, 2 full, 1 part baths
$1,889,000 : 2516 29TH ST, Santa Monica4 beds, 2 full, 1 part baths
$1,979,000 : 447 SYCAMORE RD, Santa Monica2 beds, 2 full, 1 part baths
$1,295,000 : 2528 32ND ST, Santa Monica2 beds, 1 full bath
$1,595,000 : 2817 VIRGINIA AVE, Santa Monica3 beds, 3 full baths
$2,195,000 : 3021 PEARL ST, Santa Monica4 beds, 4 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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