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
$4,895,000 : 714 16TH Street, Santa Monica5 beds, 5 baths
$3,296,000 : 1010 BROADWAY, Santa Monica2 beds, 3 baths
$2,350,000 : 1611 SUNSET Avenue, Santa Monica3 beds, 3 baths
$1,789,000 : 2235 23RD Street, Santa Monica3 beds, 2 baths
$4,495,000 : 934 25TH Street, Santa Monica4 beds, 6 baths
$2,150,000 : 1027 ASHLAND Avenue, Santa Monica4 beds, 1 bath
$4,850,000 : 556 DRYAD Road, Santa Monica4 beds, 5 baths
$4,595,000 : 1041 21ST Street, Santa Monica6 beds, 6 baths
$4,295,000 : 130 FOXTAIL Drive, Santa Monica4 beds, 3 baths
$2,388,000 : 515 OCEAN Avenue #405S, Santa Monica2 beds, 2 baths
$2,495,000 : 1214 PEARL Street, Santa Monica4 beds, 5 baths
$5,250,000 : 258 16TH Street, Santa Monica5 beds, 6 baths
$2,285,000 : 1711 WELLESLEY Drive, Santa Monica4 beds, 4 baths
$1,840,000 : 640 RAYMOND Avenue, Santa Monica3 beds, 3 baths
$2,995,000 : 849 22ND Street, Santa Monica3 beds, 2 baths
See all Santa Monica Homes for Sale.
(all data current as of 6/26/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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