Santa Monica Homes for Sale Hits an Interesting Turn

by WestsideDB on October 5, 2009 · 0 comments

in Local Real Estate Statistics and Trends

If you’ve been paying any attention to real estate trends of late, you know that it’s as Yogi Berra said, “The future ain’t what it used to be”.  Indeed, this economic turn of events has taken everyone by surprise and given us cause for introspection and an opportunity to change direction.  I know so many people working on digging out of debt, short selling their positions to move on with their lives, and even just giving up completely and letting the bank take their home away – which I find incredibly sad since there are creative ways around what seem to be formidable obstacles in the real estate world, as long as you just ask for help.

I have the good fortune of working with an excellent team who specialize in just about everything a person could hope for when it comes to answers in real estate.  If you have a question, we can answer it.  I’ll be sure to be prompt.

Santa Monica’s real estate stats for single family homes have been an interesting tale as of late.  For instance, it seems that available inventory is tightening up a bit, with more sold homes in the past calendar month that actual inventory on the active market.  Doesn’t this seem peculiar?  If you were a discerning buyer with the ability to get into what is undoubtedly a higher bracket market, would you be concerned with the lack of available inventory to choose from?

And conversely, if you were a home seller, would you be excited by the opportunity to have a home for sale with a limited amount of supply in the marketplace?  I know I would.  Let’s take a look at the numbers.  And yes, you can only get these from a great Realtor or someone who has access to the Multiple Listing Service, or here on SamoLive.

September Santa Monica SFR Stats1 Santa Monica Homes for Sale Hits an Interesting Turn

September Santa Monica SFR Stats

For the numbers junkie and for the person interested in what price per square foot can buy in Santa Monica, this is a powerful tool.  Need more in depth info about a particular zip code, school district, or geographical area?  Contact WestsideDB here and we’ll get back to you shortly.

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