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Santa Monica Stats

The statistics below cover single family home sales for February 2010 in Santa Monica, California.  They are taken direclty from the MLS and do not include condos, income property and private sales.

There were 11 homes sold in February, down from 14 in January and up from 5 in February '09.

The highest priced home was $2,298,000 and the lowest $665,000.

The average selling price was $1,139,681, down from $1,713,221 in January, and $2,107,00 in February '09.

The percentage sales price vs. list price was 94.3%, up from 93.4% in January and down from 96.4% in February '09.

Average days on the market was 74, the same as in January (75) and up from 48 in January.

The Sanat Monica market has slipped somewhat in February.  We look forward to March figures to determine the trend.

 

Santa Monica Report

Santa Monica Report

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.

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10 Comments on Santa Monica Real Estate - Housing Market Report for February 2010

MAR
12
2010
214,138 Points Attended Rain Camp Called Shot Master

Jane I was looking through your stats and we are in totally different worlds.  Your very first property listed was for over $1 million for Berkeley St.  I just closed on a home on Berkely Rd  for just over $45,000. 

You surely don't drive around all parts of LA county do you showing homes?  How does one efficiently work such a large market area like LA?

9:24pm • #1
811,199 Points 91 Featured Posts Outside Blog Called Shot Master

Jane, your statistics are an excellent reason why sellers and buyers need to seek your services and representation.

9:37pm • #2
509,750 Points 70 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

What a price range !?!? I wonder what those $600 + $700k range homes are like ???

Nice facts again this month ...and thanks for the reminder I must get mine done tomorrow :o)

9:54pm • #3
445,217 Points 36 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

How many homes are listed in Santa Monica?  Interesting stats - one sale in Santa Monica would equate to four sales in my market.

10:53pm • #4
MAR
13
2010
806,042 Points 27 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Good morning Jane,

Wow great report and Jim is right..your stastics are a good reason why sellers and buyers need to use your services and representation!

6:39am • #5
433,524 Points 10 Featured Posts Outside Blog Attended Rain Camp

Jane - Know I know why people are so happy in Santa Monica. Money isn't everything but it helps

7:21am • #6
1,400,535 Points 109 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Talk about different markets... it is so true that real estate is LOCAL..

8:03am • #7
562,555 Points 54 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Dorie, thank you very much.

Claude,  most certainly.

Judi,  isn't it just :)

1:10pm • #8
269,568 Points 8 Featured Posts Attended Rain Camp

Hi Jane, Great Santa Monica real Estate report. Hopefully the trend will not continue.

5:41pm • #9
562,555 Points 54 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Rich,  we will see in the next couple of months.

5:55pm • #10

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Jane Peters - Los Angeles Real Estate (310-473-6919)

Los Angeles, CA

More about me…

Power Brokers Int'l

Address: Beverly Hills, CA, 90210

Office Phone: (310) 473-6919

Cell Phone: (310) 351-9208

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A Los Angeles Realtor specializing in absentee owners, out-of-town buyers and those needing extra assistance with one of the most important transactions of their lives. Just sit back and relax! You are in capable hands.
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