The Santa Monica, CA Condominium Market Trends Report...

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708
https://activerain.com/droplet/5cJ7

The Santa Monica, CA Condominium Market Trends Report is always interesting, since everyone from the Globe is familiar and would love to live in Santa Monica, CA. Everyone measures how many blocks from the Pacific Ocean is their home. Clearly nowdays Fourteen Blocks is considered close!

Let's look at the Inventory:

 

The average reader would be excited to see such increase in inventory.... Now in my experience this is virtually nothing compared to the huge demand. Now with that said let's see the Days on Market Statistics:

 

 

 

As you can see 14 days for the Median Days on Market is clearly a seller's market and I anticipate that the Sales Prices will be higher too due to the strong demand and the strong active market.

Actually I found this increase to be minor compared to previous months. Hence the increase in inventory helped in maintaining a relatively small increase in the price points.

 

www.endrebarath.com

 

If you are considering buying or selling a Condominium in Santa Monica please reach out to me directly~

Now you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com  I contribute a portion of my commission to local animal rescue organizations.

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Topic:
Real Estate Market Trends
Location:
California Los Angeles County Santa Monica
Groups:
Condo Specialists
Market Reports
Condo Benefits
CALIFORNIA DREAMING
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Tags:
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santa monica condominium market report
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Ambassador
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Thank you for another insightful Santa Monica market report. You really know your area Endre!

Jun 10, 2018 11:29 PM #1
Rainmaker
2,707,879
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Paul S. Henderson, REALTOR®,CRS,  thank you for stopping in with your kind words. Santa Monica has so much to offer and a fun place to visit even for locals...Endre

Jun 11, 2018 12:04 AM #2
Rainmaker
3,996,395
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jun 11, 2018 03:18 AM #3
Ambassador
1,450,029
Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Endre Barath, Jr. Thank you for this market presentation, it's most informative.  This is exactly the type of information that buyers and sellers need to make informed decisions. Well done!

Jun 11, 2018 07:24 AM #4
Rainmaker
2,880,931
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hello Endre- - -this is yet another example of "everything is relative ".  Real estate is truly local - it makes a difference knowing of shifts and changes. 

Jun 11, 2018 03:12 PM #5
Rainmaker
4,248,882
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Endre.  Thanks for keeping us informed about the condo real estate market in Santa Monica, CA.

 

Jun 12, 2018 03:59 AM #6
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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