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santa monica real estate

showing 1-8 of 8

Aug 22nd 2011

Quick Weekly Santa Monica Real Estate Market Update – August 12, 2011 to August 19, 2011

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , , ,


This article was originally posted at my website.

Santa Monica Real Estate – Single Family Homes:

Active Listings: 93
* Short Sales – 5
* Bank Owned/REO – 3

 

Of the 93 active Santa Monica homes for sale, 32 had their List Price decreased, and 2 actually increased in list price.

Current Pending Sales: 34
* Short Sales – 8
* Bank Owned/REO – 0

Total Sales: 5
* Short Sales – 0
* Bank Owned/REO – 0

Average Days on the Market for the 4 sold Santa Monica homes for sale was 19

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 98.14%

 

Average Selling Price was $3,185,000.00

View all homes for sale in Santa Monica here

Santa Monica Real Estate – Condomi...


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Aug 15th 2011

Quick Weekly Santa Monica Real Estate Market Update – August 5, 2011 to August 12, 2011

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , , , ,


Santa Monica Real Estate - Single Family Homes:

Active Listings: 93
* Short Sales - 4
* Bank Owned/REO - 3

Of the 88 active Santa Monica homes for sale, 33 had their List Price decreased, and 2 actually increased in list price.

Current Pending Sales: 44
* Short Sales - 8
* Bank Owned/REO - 0

Total Sales: 4
* Short Sales - 0
* Bank Owned/REO - 0

Average Days on the Market for the 4 sold Santa Monica homes for sale was 58

Average Selling Price versus the Average List Price of Santa Monica homes for sale was 96.31%

Average Selling Price was $3,977,500.00

Santa Monica Real Estate - Condominiums:

Active Listings: 146
* Short Sales - 14
* Bank Owned/REO - 10

Of the 146 active Santa Monica condominiums for sal...


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Aug 08th 2011

Quick Weekly Santa Monica Real Estate Market Update – July 29, 2011 to August 5, 2011

Posted By: Dana Ehrlich In:   About Santa Monica
Tags: , , , ,


Santa Monica Real Estate - Single Family Homes:

Active Listings: 88
* Short Sales - 6
* Bank Owned/REO - 1

Of the 88 active Santa Monica homes for sale, 29 had their List Price decreased, and 2 actually increased in list price.

Current Pending Sales: 37
* Short Sales - 6
* Bank Owned/REO - 1

Total Sales: 7
* Short Sales - 1
* Bank Owned/REO - 0

Average Days on the Market for the 7 sold Santa Monica homes for sale was 47

Average Selling Price versus the Average List

Price of Santa Monica homes for sale was 96.55%

Average Selling Price was $1,691,500.00

Santa Monica Real Estate - Condominiums:

Active Listings: 154
* Short Sales - 16
* Bank Owned/REO - 11

Of the 154 active Santa Monica condominiums for sale...


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Jul 29th 2011

5 Financing Tips for Buying Property at a Real Estate Auction in Santa Monica, Ca.

Posted By: Dana Ehrlich In:   Home Buyer Tips
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In the midst of foreclosures flooding the real estate market, it’s only fair to say that these days, real estate auction sales have full attendance. According to Inman news, “Foreclosure sales accounted for 28 percent of U.S. home sales in the first quarter of 2011,” with those properties selling for nearly “27 percent below the average sales price of properties not in foreclosure,” as recently reported by Realty Trac. Because of these figures, flocks of buyers and investors are being brought to real estate auctions, searching for the next great deal.

Those of you who are not familiar with the auction world might find these few very important financing tips exceptionally useful before ...


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Jul 11th 2011

3 Key People You Should Know when Buying a Home in Santa Monica, Ca.

Posted By: Dana Ehrlich In:   Home Buyer Tips
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When going through the process of buying a home in Santa Monica, CA, it is essential that you get an expert opinion from individuals who have extensive knowledge in this field. Three of these are the most important advisors you will need to talk to during this process: An experienced real estate agent, a loan officer and a home inspector. I’ll discuss what these three experts can do to help you:

1. Your Real Estate Agent

A real estate agent is the first and most important real estate professional you will be working with throughout the process of buying a home. Your real estate agent is the person who is responsible for finding properties you may be interested in, guiding and educating y...

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Mar 01st 2011

Santa Monica Real Estate Market Update | February 2011

Posted By: Dana Ehrlich In:   Santa Monica Real Estate
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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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Aug 23rd 2010

Santa Monica California Real Estate | Market Reality

Posted By: Dana Ehrlich In:   Santa Monica Real Estate
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Santa Monica California Real Estate Market Reality

The Santa Monica California real estate market continues to remain strong.

 Here is my latest analysis of Santa Monica real estate:

 Single Family Homes in Santa Monica 

July 2010 sales total: 23 Current Pending Sales: 48 Active Listings: 114

Distressed Single Family Property Watch in Santa Monica, CA:

There are 2 single family home Bank-Owned/REOs for sale in Santa Monica

There are 3 single family Short Sales for sale in Santa Monica

This represents that 4.5% of the Santa Monica single family home real estate market is distressed properties for sale.

Active Single Family Homes for Sale in Santa Monica by price range:

Unde...


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