I constantly get calls from buyers looking for Santa Monica homes for sale, particularly the beach front properties.
Santa Monica homes for sale are down 40% from January 2012 to a total of 64 and the median sold price is up 25% to $2,283,750.
Santa Monica condos for sale are down 46% over the previous January. Overall the median price for condos was down to its lowest in a year.
For Santa Monica ocean front condos only 1 sold in January compared with 6 in January 2013 and 7 are under contract. There are 10 units for sale and 5 of those at 201 Ocean Ave., a coop building, which leaves only 5 standard condos for sale along Ocean Avenue.st level over the year, 33%at $447,000, but the for sale median price is presently at its highest, $696,000. Hopefully, with the shortage of inventory the median sold price will rise. It will have to.
The building I receive the most inquiries about is 535 Ocean Ave. the Oceanaire. Only 3 units have sold over the past year at a median price of $2,300,000, and there is nothing for sale or under contract there at present.
So, Santa Monica sellers, especially of single family homes, we need you.
Homes for sale in Santa Monica
$1,879,000 : 2312 29TH Street, Santa Monica3 beds, 2 full baths
$1,795,000 : 809 OZONE Street, Santa Monica3 beds, 2 full, 1 half baths
$1,478,000 : 2437 ASHLAND Avenue, Santa Monica3 beds, 1 full bath
$2,050,000 : 1011 PIER Avenue, Santa Monica3 beds, 3 full baths
$1,747,000 : 2431 2ND Street, Santa Monica2 beds, 2 full baths
$3,700,000 : 327 18th Street, Santa Monica3 beds, 3 full baths
See all Santa Monica Homes for Sale.
(all data current as of 9/30/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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