Homes sell for around list price and go pending in around 44 days. There are 7 neighborhoods in Santa Monica. Santa Monica … Many homes get multiple offers, some with waived contingencies. Our free service analyze millions of home sales to find the perfect agent for you. Based on the housing stock, population density, and the proximity of amenities of the area. # Active listings 716. To verify enrollment eligibility for a property, contact the school directly. With a population of 91,411, 45,487 total housing units (homes and apartments), and a median house value of $1,105,636, Santa Monica house prices are not only among the most expensive in California, Santa Monica real estate … During the last 12 months the real estate prices in Los Angeles, Santa Monica City decreased, looking at the past 12 months. From the start of the new year to date, Santa Monica is seeing higher commercial asking rents than it did in the same period in 2015. Santa Monica's home resale inventories is 160, which decreased 6 percent since December 2021. Own. WSC Communities’ 23-parcel portfolio, entitled for the … December 2021 was $1,076. Santa Monica Market Reports / By janepeters / March 7, 2016 June 29, 2020 You have probably heard about the severe shortage of inventory in the Los Angeles area and are probably wondering how is the Santa Monica real estate market … The Santa Monica real estate market’s slightly slower growth is likely because the it was not hit nearly as hard by the recession as Los Angeles County. Santa Monica City is the 443. largest city in the United States, located in California State. The median listing price per square foot was $982. April property sales were 14, down from 25 in April of 2017 and -12.5% lower than the 16 sales last month. The median list price per square foot in Santa Monica is $1,079. Hot Homes can sell for about 3% above list price and go … There are 293 active homes for sale in Santa Monica, CA, which spend an average of 65 days on the market. A general overview of the Santa Monica, CA real estate market is displayed above. Real Estate Highlights in Santa Monica, CA. My client came in at $30,000 above asking with financing. The info on Santa Monica real estate is vast and requires an experienced and knowledgeable real estate agent to charter the ever-changing and unique market. As we began 2012, there were only 56 single-family Santa Monica residences listed in the Multiple Listing Service (M.L.S. Santa Monica Real Estate Market. parks and gyms. Market Corner is a weekly update on the market geared towards providing current market information you can really use to make better Real Estate decisions. Zillow has 252 homes for sale in Santa Monica CA. Santa Monica Housing Market Information. 6 months inventory represents a balanced market… … Santa Monica California Real Estate Market Update and Local Area Information and Resources Santa Monica Real Estate Search. Search for new homes, open houses, recently sold homes and reduced price real estate in Santa Monica. ), which is 48 percent lower than the same time last year. … Urban. Some of the best neighborhoods in or around Santa Monica, California are Wilshire-Montana, Sunset Park and North of Montana. 29%. The median list price of homes in Santa Monica, CA was $1.7M in December 2020, trending down -22.6% year-over-year. With premier listings throughout the area, Linda Lackey is the Coldwell Banker Santa Monica real estate agent devoted to helping you find your perfect Santa Monica … Home Prices in Santa Monica… 15 elementary schools. … Santa Monica, CA housing market In August 2020 the housing market in Santa Monica, CA is a balanced market, which means there is a healthy balance of buyers and sellers in the market. According to Walletinvestor’s Santa Monica real estate market … Housing. Discover the Santa Monica median home price, income, schools, and more. Popular Neighborhoods in Santa Monica, CA. Properties are listed for 73 days on average. Santa Monica Real Estate Property Sales. The median home price for homes in Santa Monica, CA is $1,086,300, which is 165% higher than the California average. Santa Monica is a city in California and consists of 7 neighborhoods. Recent Sales 185 Rent vs. Own. All categories are a healthy sellers' market except in the the over $2M single family niche. Additionally, there are 836 rentals, with a range of $650 to $85K per month. Santa Monica Real Estate Market Conditions. Discover more Santa Monica listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. Homes are typically worth $1,319/sqft. See Homes in Neighborhoods Near Santa Monica, CA. Seller only countered the top three all-cash offers. 71%. * School data provided by National Center for Education Statistics, Pitney Bowes, and, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? Winning offer was 62% above the list price. See all recently sold homes in Santa Monica. The Santa Monica real estate market remains steady. The trend for median days on market in Santa Monica, CA has gone up since last month, and slightly down since last year. The median sale price was $1.3M. Approximately 24.98% of Santa Monica homes are owned, compared to 67.25% rented, while 7.76% are vacant. There are 302 homes for sale, ranging from $449K to $18.5M. The difference in time spent on the market in Santa Monica… Homes for sale in Santa Monica, CA have a median listing price of $1,699,000. Santa Monica, CA is a seller's market in December 2020, which means that there are more people looking to buy than there are homes available. Santa Monica, CA Overview | Market and Real Estate Data | Real Estate … There are 3,448 real estate agents in Santa Monica, CA right now. The average asking rent in 2016 to date … The median sale price in Santa Monica … The average sale price of a home in Santa Monica was $1.3M last month, down 21.2% since last year. Learn more about Santa Monica, CA at Xome. We will soon provide other points, such as Mid - City is the most affordable neighborhood, with a median listing price of $967K. 90 Day Avg Days On Market. The Downtown Santa Monica commercial real estate market is located just steps away from the Pier and placed among vibrant shopping locations, such as the Third Street Promenade, a major outdoor pedestrian-only shopping district between Wilshire Blvd. Area Feel. Research Santa Monica real estate market trends and find homes for sale. Why you need a top real estate agent in Santa Monica, CA. Here are the best public schools in Santa Monica, CA: You can find dozens of grocery stores, and hundreds of cafes and restaurants in Santa Monica, CA. Santa Monica, CA hosts 16 public schools rated good and higher by GreatSchools. School service boundaries are intended to be used as reference only. Santa Monica … You can also find 20 private and charter schools. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Sponsored Mortgage Options for Santa Monica. C. Based on home values, property taxes, housing costs, local schools, and more. Santa Monica, CA Real Estate Trends. Santa Monica Real Estate Market Report. There were 234 Santa Monica … Many homes get multiple offers, some with waived contingencies. , with many nearby public transportation options. Homes in Santa Monica receive 2 offers on average and sell in around 60.5 days. The average sale price per square foot in Santa Monica is $910, down 5.5% since last year. Only showing 5 of Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! It’s official: The largest multifamily development opportunity in Santa Monica in a generation is now on the market. — most errands can be accomplished on foot. 90 Day Home Inventory. Learn about the Santa Monica, CA housing market through trends and averages. and Broadway. Search All Santa Monica Homes On The Market. As a respected and experienced Realtor, Colin Whelan brings his knowledge to the public in order to empower buyers and sellers of Santa Monica Real Estate. Here’s what you need to know about the real estate market if … The average price of homes sold in Santa Monica, CA is $ 1,212,500. Santa Monica Real Estate Market Santa Monica housing market statistics: As of January 10, 2021 there are currently 226 properties for sale in Santa Monica listed as active, with an average … 90 Day Median Price. This means that real estate in the Santa Monica… 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. Santa Monica Real Estate Market Stats. There are 302 homes for sale in Santa Monica, CA, 43 of which were newly listed within the last week. NerdWallet analyzed Santa Monica home-buying trends using March 2016 data from real estate site Agent Ace. 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