Let’s check out the Santa Monica real estate market so far this year. It is easier to break Santa Monica down into zip codes for price points.
As an overview, there were 225 Santa Monica single family homes sold over the past year at a median price of $1,500,000
Active listings: 58, at a median price of $1,499,500
Based on sales over the past 6 months, there is 3.55 months’ worth of inventory or absorption rate.*
For condos, there were 282 Santa Monica condos sold over the past year at a median price of $647,400
Active listings: 120, at median price of $797,000
Based on sales over the past 6 months, there is 4.77 months’ worth of inventory or absorption rate.*
This is how the above numbers break down by Santa Monica zip code:
90401
Single Family:
Sold: 2 - median price $1,875,000
Condos:
Sold: 9 – median price $531,000
Active Listings: 2 – median price $447,000
Absorption rate: 2.99 months
90402
Single family:
Sold: 86 – median price $2,352,500
Active listings: 23 – median price $3,145,000
Absorption rate: 3.21 months
Condos:
Sold: 16 – median price $1,025,000
Active listings: 23 – median price $1,250,000
Absorption rate: 8.61 months
90403
Single family:
Sold: 36 – median price $1,440,000
Active listings: 7 – median price $1,450,000
Absorption rate: 3.5 months
Condos:
Sold: 124 – median price $750,059
Active listings: 44 – median price $797,000
Absorption rate: 4.89 months
90404
Single family:
Sold: 8 – median price $595,500
Active listings: 7 – median price $899,000
Absorption rate: 21.21
Condos:
Sold: 72 – median price $505,000
Active listings: 20 – median price $489,000
Absorption rate: 3.87 months
90405
Single family:
Sold: 93 – median price $1,016,500
Active listings: 24 – median price $1,313,500
Absorption rate: 3.79 months
Condos:
Sold: 94 – median price $611,250
Active listings: 31 – median price $779,000
Absorption rate: 4.04 months
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 need 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:
- Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
- Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
- Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
- Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
- Culver City Real Estate - Culver City homes
- Silver Lake Real Estate - Silver Lake single homes
- Echo Park Real Estate - Echo Park homes
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.
Read more: http://www.homejane.com/santa-monica-real-estate-update-january-2012.html#ixzz1lpMcgPqY
Jane Peters, connecting you to the L.A. real estate scene
Buying or selling real estate in Los Angeles can be an overwhelming process. Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.
Search Homes for Sale in Los Angeles
Los Angeles Lifestyle Home Search
Search Homes for Sale in Beverly Hills|
Search Homes for Sale in Brentwood
Search Homes for Sale in Culver City
Search Homes for Sale in Silver Lake-Echo Park
Search Homes for Sale in Santa Monica
Search Homes for Sale in Venice CA
Search Homes for Sale in Westwood-Century City
Other Los Angeles Communities


























an egg appears delivering an insect who falls in love with a beautiful lady bug.





























