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Santa Monica Housing Report - April 2010

By
Real Estate Broker/Owner with Home Jane Realty BRE# 01439865

Santa Monica

The Santa Monica Housing Market statistics below are taken for the MLS CLAW and are for single family homes only.  They do not include condos, income property, or private sales.

April was a healthy month for Santa Monica home sales.   Over March, the number of homes sold was up by 10, the median sold price was up by $415,000 and the median sold price vs the median list price difference was down by $622,000, i.e. the April sold price was much closer to asking price over March. Days on the market of homes sold was down by 12.  Overall promising figures.  Given the median home prices in Santa Monica, it is unlikely the ending of the federal tax credit was a factor in these statistics.

Santa Monica Stats

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Comments (4)

Susan Laxson CRS
Palm Properties - La Quinta, CA
Realtor in San Diego, CA & Naples, FL

Nice to see that the market is improving in most areas of Southern California!

May 03, 2010 03:00 PM
Anthony Stokes-Pereira
Better Homes and Gardens Rand Realty - Nanuet, NY
Realtor

A great presentation on activity in your market area! Glad to hear activity is up!

May 03, 2010 03:23 PM
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Nice graphic with good, current information!  I'm sure if I was in the market in your area, this would be a market report I'd want to watch as soon as you posted them.

May 15, 2010 10:29 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Sue,  thanks for dropping by.  I appreciate it.

Anthony,  that is always good news.

Carla,  thank you, I appreciate it.

May 15, 2010 04:12 PM