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santa monica mls

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Mar 01st 2011

Santa Monica Real Estate Market Update | February 2011

Posted By: Dana Ehrlich In:   Santa Monica Real Estate
Tags: , , , , , , , ,


The real estate market in Santa Monica continues to evolve as the market continues to shift.

Here is the February 2011 analysis of Santa Monica CA real estate:

Single Family Homes in Santa Monica

Total Sales: 12
Current Pending Sales: 45
Active Listings: 88

It should take 7-7.5 months to burn through the existing inventory, but actual days on market varies widely by price range. I'm happy to do a more specific analysis for any curious minds. 

Distressed Single Family Property Watch in Santa Monica, CA:

4 single family home owners in Santa Monica received a Notice of Default in February 2011 6 single family home owners in Santa Monica received a Notice of Trustee Sale in February 2...

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