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Homes for Sale in Santa Monica. 2nd Qtr 2015 Market Report

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

If you are interested in how the real estate market is doing in Santa Monica. Let's take a look.

Santa Monica 2nd Qtr 2015 Market Report

There were a total of 74 single family homes sold at a median price of $2,237,500. The sold price vs. list price was $102.5% and average days on the market was 38. This was an increase of 32 homes sold and a slight drop in median price of $2.71%.

A total of 145 condos sold at a median price of $1,075,000. The sold vs. list price was $101.13% and average days on the market was 55. This was an increase of 37 units sold and a 19.58% increase in the median price.

There is still a huge shortage of inventory which puts Santa Monica squarely in a sellers' market.

Homes for sale in Santa Monica

 

  1. Photo of 858 12th Street, Unit 9, Santa Monica, CA 90403 (MLS # 15922629)
    2 beds, 3 full baths
    Lot size: 15,007 sqft
    Year built: 1982
    Days on market: 1
     
  2. Photo of 1127 10th Street, Unit 301, Santa Monica, CA 90403 (MLS # 15922557)
    3 beds, 1 full, 2 part baths
    Home size: 1,897 sq ft
    Lot size: 7,509 sqft
    Year built: 1971
    Days on market: 1
     
  3. Photo of 201 Ocean Avenue, Unit B1604, Santa Monica, CA 90402 (MLS # 15922195)
    3 beds, 2 full, 1 part baths
    Home size: 1,554 sq ft
    Year built: 1971
    Days on market: 2
     
  4. Photo of 425 11th Street, Santa Monica, CA 90402 (MLS # 15922235)
    4 beds, 6 full, 1 part baths
    Home size: 6,072 sq ft
    Lot size: 7,500 sqft
    Year built: 2004
    Days on market: 3
     
  5. Photo of 2401 California Avenue, Santa Monica, CA 90403 (MLS # 15922043)
    3 beds, 1 full, 1 part baths
    Home size: 1,224 sq ft
    Lot size: 5,303 sqft
    Year built: 1952
    Days on market: 4
     
  6. Photo of 1218 9th Street, Unit 7, Santa Monica, CA 90401 (MLS # 15921717)
    2 beds, 1 full, 1 part baths
    Home size: 1,260 sq ft
    Lot size: 14,994 sqft
    Year built: 1975
    Parking spots: 4
    Days on market: 4
     
  7. Photo of 1641 Ashland Avenue, Santa Monica, CA 90405 (MLS # 15921935)
    4 beds, 2 full, 1 part baths
    Home size: 2,311 sq ft
    Lot size: 6,995 sqft
    Year built: 1938
    Days on market: 4
     
  8. Photo of 528 West Marguerita Avenue, Santa Monica, CA 90402 (MLS # 15921029)
    7 beds, 5 full baths
    Home size: 4,362 sq ft
    Lot size: 11,043 sqft
    Year built: 1968
    Parking spots: 4
    Days on market: 4
     
  9. Photo of 1040 4th Street, Unit 108, Santa Monica, CA 90403 (MLS # 15922023)
    1 bed, 1 full bath
    Home size: 674 sq ft
    Lot size: 30,025 sqft
    Year built: 1990
    Days on market: 4
     
  10. Photo of 2033 Euclid Street, Unit 12, Santa Monica, CA 90405 (MLS # 15921849)
    1 bed, 1 full bath
    Home size: 576 sq ft
    Lot size: 42,905 sqft
    Year built: 1953
    Days on market: 4
     
  11. Photo of 1922 Washington Avenue, Santa Monica, CA 90403 (MLS # 15921513)
    3 beds, 2 full, 1 part baths
    Home size: 1,536 sq ft
    Lot size: 9,924 sqft
    Year built: 1974
    Days on market: 5
     
  12. Photo of 701 Grant Street, Unit 5, Santa Monica, CA 90405 (MLS # 15921611)
    2 beds, 1 full, 1 part baths
    Home size: 932 sq ft
    Lot size: 22,729 sqft
    Year built: 1974
    Days on market: 5
     
  13. Photo of 2621 Centinela Avenue, Unit 2, Santa Monica, CA 90405 (MLS # 15921373)
    1 bed, 1 full bath
    Home size: 649 sq ft
    Lot size: 17,455 sqft
    Year built: 1958
    Days on market: 5
     
  14. Photo of 1214 14th Street, Unit 204, Santa Monica, CA 90404 (MLS # 15921167)
    3 beds, 2 full, 1 part baths
    Home size: 2,264 sq ft
    Lot size: 7,477 sqft
    Year built: 1991
    Days on market: 5
     
  15. Photo of 2107 Navy Street, Santa Monica, CA 90405 (MLS # 15920871)
    3 beds, 2 full, 1 part baths
    Home size: 1,897 sq ft
    Lot size: 6,992 sqft
    Year built: 1946
    Parking spots: 4
    Days on market: 5
     

See all Santa Monica Real Estate for Sale
(all data current as of 7/14/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Find homes for sale in Santa Monica by price

 

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Comments (4)

Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Jane Peters  you are the agent to call when looking for homes-for-sale-in-Santa-Monica-Ca

Jul 14, 2015 09:17 AM
Gwen Banta
Sotheby's International Realty - Los Angeles, CA

Jane, the reports we get suggest we have lots of inventory. If only they knew our frustration!

Jul 15, 2015 06:25 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Jane Peters - Another excellent real estate market update for the Santa Monica area!  I hope buyers and sellers call you for more market insight and help with their real estate needs!  

Jul 15, 2015 06:29 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Hannah,  thank you kindly.

Gwen,  yes indeed. It is not good.

Laura,  thank you very much.

Jul 15, 2015 09:02 AM