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LA Realty / Santa Monica Market Reports / Santa Monica Housing Market Overview May 2012

Santa Monica Housing Market Overview May 2012

June 9, 2012 by Jane Peters

Let’s check out the Santa Monica housing market so far this year.

Santa Monica Community, Santa Monica Homes for Sale

Santa Monica Homes Under $2 Million

Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption
63 $1,200,000 $659.01 11 36 29 9

Santa Monica Homes $2 to $5 millionhttps://www.homejane.com/homes-sale-santa-monica-5-m

Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption
31 $2,717,000 $847.37 8 35 14 11

Santa Monica Homes $5 to $10 Million

Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption
5 $7,400,000 $897.00 2 5 2 1

Santa Monica Homes for sale over $10 Million

Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption
0 1 1 0 **

Santa Monica Condos under $2 Million

Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption
155 $650,000 $563.50 33 94 97 36

Santa Monica Condos over $2 Million

Sold Median Avg Price Per SF Sold May Active In Escrow New May Absorption
9 $2,300,000 $1,170.71 5 6 0 0

All information provided by MLS/CLAW is deemed accurate but is not guaranteed.  Also some listings shown as new may simply be back on the market.

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

 

 

** Not enough data

Santa Monica shows a healthy market for sellers.  Buyers are out there with little new inventory.  So, Santa Monica home sellers now would be a great time to put your homes on the market if you have any thoughts of selling.

Homes for Sale in Santa Monica

 

Need Help? Have questions? Fill out the CONTACT FORM or call Jane at 310-473-6919

Filed Under: Santa Monica Market Reports Tagged With: Santa Monica Real Estate, Santa Monica Real Estate Market Reports

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Jane Peters, Broker/Owner

Home Jane Realty
(p) 310.473.6919
(c) 310.351.9208

yourmove@homejane.com
CalBRE Lic #01439865

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