Single Family Homes:
Active Listings: 99
* Short Sales - 6
* Bank Owned/REO - 2
Of the 99 active listings, 50 of them had their List Price decreased, and 3 actually increased in list price.
Current Pending Sales: 41
* Short Sale - 7
* Bank Owned/REO - 0
Total Sales: 5
* Short Sales - 0
* Bank Owned/REO - 0
Average Days on the Market for the 5 sold properties were 67, and the Average Selling Price versus the Average List Price was 91.78%.
Condos/Coops:
Active Listings: 158
* Short Sales - 12
* Bank Owned/REO - 9
Of the 158 active listings, 60 of them had their List Price decreased, and 1 actually increased in price.
Current Pending Sales: 60
* Short Sales - 14
* Bank Owned/REO – 3
Total Sales: 7
* Short Sales - 0
* Bank Owned/REO- 0
Average Days on the Market for the 7 sold properties were 16, and the Average Selling Price versus the Average List Price was 98.70%.
Go here now if you want to search for Santa Monica Real Estate for sale.
Thinking about selling your Santa Monica or Westside Los Angeles real estate?
This Article can originally be found at Quick Weekly Santa Monica Real Estate Market Update – June 19, 2011 to June 26, 2011
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