Santa Monica Real Estate | Market Report August 2012

Let’s look in on the  Santa Monica real estate market for August 2012.

Santa Monica Real Estate Market Report August 2012

Santa Monica Homes Under $2 Million

Sold Median Avg Price Per SF Active In Escrow New August Absorption
15 $1,325,000 $709.18 24 25 8

Santa Monica Homes $2 to $5 million

Sold Median Avg Price Per SF Active In Escrow New August Absorption
7 $3,250,000 $935.76 31 16 12

Santa Monica Homes $5 to $10 Million

Sold Median Avg Price Per SF Active In Escrow New August Absorption
2 $5,190,000 $750.98 5 0 2

Santa Monica Homes over $10 Million

Sold Median Avg Price Per SF Active In Escrow New August Absorption
 0 N/A  N/A 1 0 0 **

Santa Monica Condos under $2 Million

Sold Median Avg Price Per SF Active In Escrow New August Absorption
59 $689,900 $534.70 84 61 20

Santa Monica Condos over $2 Million

Sold Median Avg Price Per SF Active In Escrow New August Absorption
1 $3,200,000 $1,056.45 4 0 0  **

All information provided by MLS/CLAW is deemed accurate but is not guaranteed. 

Sellers’ Market Buyers’ Market Stable Market
Less than 6 months inventory More than 6 months inventory

 

 

** Not enough data

Santa Monica real estate still remains a sellers’, for homes under $5 million and for condos.

Inventory is low and if you are thinking of selling your home in Santa Monica, you are needed now.  Price your home right and it will sell quickly, and maybe over asking.

Related Posts

Santa Monica Real Estate July 2012
Santa Monica Half-Yearly Market Report June 2012
Santa Monica Housing Market Overview May 2012

 

Homes for Sale in Santa Monica


Recent Related Posts

Santa Monica Housing Market Overview May 2012
Santa Monica Half Yearly Housing Market Report June 2012

Buying or Selling Los Angeles Real Estate

Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!

When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.

If you are an absentee owner, you’ll neaed someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.

Westside Los Angeles Real Estate, including, but not limited to:

For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.

Jane Peters

Jane Peters is a Los Angeles Realtor®, specializing in absentee owners, out-of-town-buyers and those needing that extra personal touch to make the buying and selling of Los Angeles real estate a smooth and, believe it or not, fun process.

More Posts - Website - Twitter - Facebook - LinkedIn - Pinterest - Google Plus - YouTube

Add Comment Register



Speak Your Mind

*