Santa Monica Real Estate – Market Report 2011

Santa Monica Real Estate Market Report Ocean Front Condos

It is that time of the year again, the beginning of a new one, and time to look back at how the Santa Monica real estate market fared in 2011. Since Santa Monica is made up of diverse neighborhoods I have split the report into single family by price and condos. What is Market Absorption? Market absorption trends show the rate that properties are selling compared with inventory which enables us to see if it is a sellers’ or buyers’ market. 6 months worth of inventory is a balanced market. … [Read more...]

What Can you Buy for $1 Million in Los Angeles?

Downtown lofts and condos for sale, market report

In many communities across the country $1 million will buy you a spectacular piece of real estate.  In Los Angeles $1 million may buy you a more modest house, depending on the area, and in some neighborhoods, such as Brentwood, Beverly Hills, Bel Air, etc. you may not find a home under $1 million. This will give you an idea of what you can buy for $1 Million in Los Angeles, Santa Monica, West Hollywood, Culver City, and Beverly Hills. Search Los Angeles Homes for Sale Los Angeles … [Read more...]

Santa Monica Homes for Sale Over $1 Million

Santa Monica rea estate market 2nd Qtr 2013 in review

Santa Monica is a city with several distinct neighborhoods.  The vast majority of single family homes on the market are listed for over $1 million.  Out of a total of 78 Santa Monica homes for sale  at present, only 13 are listed under $1 million. The highest price home is $14,950,000, which is on a double lot, half in the city of Santa Monica and half in Los Angeles.  Santa Monica Canyon, although it has a Santa Monica zip code is actually in the City of Los Angeles. The median price … [Read more...]

Santa Monica Market Report, September 2011

Santa Monica real estate market report

If you are buying a home in Santa Monica or Selling a home in Santa Monica you are probably wondering how the real estate market is doing. Santa Monica Single Family Homes Market Report by Zip Code Santa Monica zip codes 90402, 90403, and 90405 are very much a sellers' market, with 90401 and 90404 patiently waiting for buyers. Santa Monica Condo Market Report by Zip Code The Santa Monica condo market is definitely a sellers' market right now. Buying or Selling Los Angeles Real … [Read more...]

Buying a Home in Los Angeles by Neighborhood – Santa Monica

Santa Monica Real Estate Market: 2012 in Review

Buying a home in Los Angeles can be a formidable task.  Where do you start?  There are so many neighborhoods to choose from each with its own unique personality.  Let's start with: Buying a home in Santa Monica There are so many distinct areas of Santa Monica to choose from.  Do you want to live near the beach on Ocean Park?  Maybe you want to be able to stroll down Montana Avenue visiting the many boutiques and trendy restaurants?  Or you love luxury condo living where the Ocean Avenue … [Read more...]

Real Estate in Santa Monica. Half-Year Market Report

Ocean Front 75

We are now over halfway through 2011.  Doesn't time fly.  So let's take a look how real estate in Santa Monica has fared over the second quarter. As usual, real estate in Santa Monica is local, so it will be broked down by zip code. Approximate Santa Monica Zip Code Borders 90401 =  Wilshire to Pico, the ocean to 12th St – higher density of condos and apartments 90402 = Montana to Rustic Canyon, the ocean to 26th St. – higher density of single family and higher-priced homes 90403 = … [Read more...]

Buying a Home in Santa Monica, Let’s Look at Prices

Buying a home in Santa Monica, Santa Monica Real Estate Market Report

Are you thinking of buying a home in Santa Monica? If so, you are probably wondering about Santa Monica home prices. Let's take a look by zip code: Homes for sale in Santa Monica 90401 1 single family home - $1,650,000 5 condos - median price $819,000 Homes for sale in Santa Monica 90402 38 single family homes - median price $2,937,500 23 condos - median price $1,399,000 Homes for sale in Santa Monica 90403 19 single family homes - median price $1,895,000 67 condos - … [Read more...]

100 Free Things to do in Santa Monica

100 Free Things to do in Santa Monica

Santa Monica is one of the most popular tourist destinations and desired residential communities in the Los Angeles area.  Made up of 8 districts, Santa Monica has a wealth of things to do and different lifestyle offerings. 3rd St. Promenade: walk  several blocks listening the street performers, visit the myriad stores, and dine at the mix of restaurants. Ocean Avenue: step down onto Santa Monica Pier and enjoy the entertainment, dine at the upscale restaurants with their ocean … [Read more...]

Looking for a Rental Property in Los Angeles – Let’s Try Santa Monica

Renting a Home in Santa Monica, Santa Monica Rental Properties

If you are moving to Los Angeles and not sure where you would like to live you are probably looking for a rental property. You may be considering renting a property in Santa Monica.  If you are, do you want a Santa Monica ocean front property, do you want to be in the canyons, near Montana, or Main Street? Whatever your preference, there are choices.  And in Santa Monica they do tend to offer seasonal rentals, more than other areas of Los Angeles. There are presently 40 condominium … [Read more...]

Renting an Ocean Front Property in Santa Monica? How Much are you Going to Have to Pay?

Santa Monica Real Estate Market Update October 2012

You are moving to Los Angeles and are considering renting an ocean front property in Santa Monica. What is available and how much will it cost to rent a condo in Santa Monica? Presently there are 22 ocean front condos for rent in Santa Monica.  The average price is $8,570 per month, average square foot is 1,613 and average days on the market 61. You may be thinking of buying instead? There are 17 ocean front condos for sale in Santa Monica, at an average price of $1,756,053, average sq. … [Read more...]

Santa Monica Real Estate First Quarter 2011 Market Report

Santa Monica Real Estate Report, Santa Monica Homes Sale First Qtr 2011

How is the Santa Monica housing market doing? It always makes sense to break Santa Monica real estate down into zip codes which you will see below otherwise the numbers won't make sense: Approximate Santa Monica Zip Code Borders 90401 =  Wilshire to Pico, the ocean to 12th St - higher density of condos and apartments 90402 = Montana to Rustic Canyon, the ocean to 26th St. - higher density of single family and higher-priced homes 90403 = Wilshire to Montana, the ocean to S. Carmelina - … [Read more...]

Santa Monica Place – Never Lose Your Car Again

Santa Monica Place Santa Monica, Santa Monica Mall, Santa Monica Real Estate

Ever parked your car in a large mall like Santa Monica Place in Santa Monica, gone shopping, and then come back to realize that you have forgotten when you left it? Santa Monica Place has installed the first camera-based "Find Your Car" system in the country. How does it work? You punch your license plate number into the touch screen of a kiosk.   A photo comes of up your car's location. Park Assist is the company who developed the "Find Your Car" system along with the red and green lights … [Read more...]

Where Should I Live in Santa Monica – Santa Monica Housing Market Report by Zip Code

Santa Monica Real Estate Market Report, Where to Live in Santa Monica, Santa Monica Housing Market Report

Where should you live in Santa Monica? You know you want to live in Santa Monica, but in a city of 8.3 square miles, and several diverse neighborhoods, you are not sure where to look. There are several distinct areas of Santa Monica each with its own advantage and price ranges. From upscale condos on Santa Monica Beach to high end homes, and plenty of opportunities to lease in between. Living in Santa Monica offers something for everyone. The Santa Monica housing market report below … [Read more...]

ICE at Santa Monica Now Open

ICE at Santa Monica Opens

ICE at Santa Monica is now open and includes a new art exhibit. The rink at 5th St. and Arizona opened on November 10th and has teamed together with Portraits of Hope an organization originally developed to help seriously ill and disabled children.  Portraits of Hope builds large art projects which mix public art with creative therapy for hospitalized children and provides educations for students of all ages. The ICE rink which encompasses 80 0 sq. ft of  real ice and a 400 sq. ft. child's … [Read more...]

Santa Monica Community Overview

90401 Community Summary Population Growth (since 2000)      18% Population Density (ppl/mile)           6,910 Household Size (ppl)                               1.4 Households w/Children                        6.4% Housing Stability Annual Residential Turnover             21% 5+ Years in Residency                           23% Median Year in Residency                    2% Population Demographics:  5,938            Households:  3,725             Median Age:  41 Climate and … [Read more...]

Santa Monica Real Estate – Condos Over $2 Million

Santa Monica Market Trend - Condos Over $2 Million

The luxury end of Santa Monica real estate, condos over $2 million is very different from the below $2 million category.  Monthly inventory is down, but is still extremely high based on 1 sale per month in the last three months.  Prices have remained steady and the sales to list price is pretty healthy. Finds Santa Monica condos for sale over $2 million … [Read more...]

Santa Monica Real Estate – Condos Under $2 Million

Santa Monica Market Trend - Condos under $2 million

The Santa Monica real estate market in the area of condos under $2 million has been holding steady over the past year and the months supply of inventory is balanced, but leaning slightly towards a sellers' market. Find Condos for sale in Santa Monica under $2 million … [Read more...]

Santa Monica Real Estate – Homes Under $2 Million

Santa Monica Real Estate - Homes under $2M

Santa Monica real estate in the area of single family homes under $2 million is doing quite well.  With under 5 months of inventory, a steady median price and high sales price to list price percentage, this is a good sellers market. Find h0me in Santa Monica under $2 million … [Read more...]

Santa Monica Real Estate – Homes Over $2 Million

2010-09-01_2048

The Santa Monica real estate market is pretty slow in the homes above $2 million category.  Inventory has decreased to 10 months from 16 at the high a year ago, but this luxury market is very much a buyers' one. Find Santa Monica homes for sale over $2 million … [Read more...]

Santa Monica Twilight Dance Series

Santa Monica Pier Dance Series

Starting July 8th, every Thursday through September 2nd the Twilight Dance Series takes place on Santa Monica pier, starting at 7:00 p.m. In 1983 the storms took off part of Santa Monica pier and a week long festival "Santa Monica Pier Save the Pier" was organized which started the idea of the pier being a great venue for concerts. For two years after the organizer of the concert, Katharine King organized concerts under a tent and due to those concerts' popularity the City of Santa Monica … [Read more...]