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...

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...

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...

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:

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 

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...

Just listed this wonderful Santa Monica home for sale! The first open house will be Sunday, July 25th from 2-5pm. Come one, come all!