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 4/21/2015)
$1,999,000 : 511 Marine Street, Santa Monica2 beds, 1 full bath
$2,199,000 : 1128 San Vicente, Santa Monica2 beds, 1 full bath
$1,829,000 : 263 Entrada Drive, Santa Monica2 beds, 2 full baths
$8,665,000 : 101 17th Street, Santa Monica6 beds, 7 full, 3 part baths
$3,895,000 : 26 Arcadia Terrace, Santa Monica4 beds, 5 full baths
$2,099,000 : 2307 Ashland Avenue, Santa Monica5 beds, 5 full, 1 part baths
$3,100,000 : 1781 Bryn Mawr Avenue, Santa Monica4 beds, 4 full, 1 part baths
$1,269,000 : 2926 Urban Avenue, Santa Monica3 beds, 2 full baths
$1,350,000 : 1709 Maple Street, Santa Monica2 beds, 1 full bath
$2,749,000 : 1602 Sunset Avenue, Santa Monica5 beds, 5 full baths
$2,749,000 : 338 East Rustic Road, Santa Monica2 beds, 2 full baths
$1,978,000 : 722 Kensington Road, Santa Monica4 beds, 2 full baths
$2,595,000 : 2613 24th Street, Santa Monica4 beds, 4 full, 1 part baths
$1,895,000 : 144 Pacific Street, Santa Monica3 beds, 2 full baths
$28,500,000 : 609 East Channel Road, Santa Monica12 beds, 12 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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