Los Angeles Real Estate and Homes for Sale
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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...]
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...]
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...]
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...]
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...]
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 … [Read more...]
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 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...]
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 … [Read more...]
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...]
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 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...]
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...]
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...]
The grand opening of the new and improved Santa Monica Mall takes place on August 6 at 10:00 a.m. Various celebratory activities are planned including: DJ Vala, accompanied by a percussionist will provide music all day. Celebrities will be at various in-store events. 11:00 a.m. to 1:00 p.m. a custom garden-themed mural will be started by a local artist, Pharoe. For more detailed information on the Grand Opening of Santa Monica Place visit the main website … [Read more...]
The new Santa Monica Place is due to open on August 6th, 2010. Having ripped open the roof opening the mall to the skies they have taken advantage of the proximity to the ocean, something the old mall never did. New stories include the only Bloomingdale's SoHo concept store outside Manhattan and a new Nordstrom, as well as several exciting new specialty stores. There will be a Dining Deck taking advantage of the spectacular ocean views. Santa Monica is going to be a true … [Read more...]
The Santa Monica real estate reports below show the market absorption trend for single family homes. What is an absorption rate? This shows the rate at which inventory is being sold and is calculated by the number of homes on the market divided by the number sold in a month. This helps in determining the pricing of homes being put on the market and what kind of market it is. If you have a 10 month selling cycle and want to sell in 5 months you would need to price … [Read more...]
The median price of a Santa Monica homes has only dropped 2% over the last year. The number of home sold has increased by 114% over a year ago. The number of properties going into escrow has increased by 127%. The number of properties for sale has remained reasonably steady. The number of new properties being listed each month has also remained pretty steady. The total inventory of homes has dropped 66% Supply has stayed the same as compared to the … [Read more...]
