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Santa Monica real estate analysis

May 2011 Santa Monica homes for sales and condos too! What’s the market doing?

by WestsideDB June 1, 2011 Local Real Estate Statistics and Trends

Santa Monica real estate is a fluid and efficient engine that seems to be in constant flux. If you are considering selling your Santa Monica home or buying a Santa Monica deal, check out this video for info on Santa Monica absorption rates and what is happening in our local market.

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August Santa Monica Real Estate Recap

by WestsideDB September 3, 2010 Local Real Estate Statistics and Trends

I get kind of excited at the end of the month.  I know, I’m a little weird because I enjoy things like Excel and Numbers and creating things that the eye can easily digest when it comes to real estate figures.  And at the end of the month, I am compelled to do a calculation [...]

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July in Santa Monica Real Estate Officially Heats Up

by WestsideDB August 3, 2010 Local Real Estate Statistics and Trends

Even though the June gloom seems to not exactly be burning off this summer season, the Real Estate Market is heating up quite nicely.  I’ve been pouring over data about Santa Monica real estate and have found that our absorption rate is rapidly climbing month over month since January 1.  What’s Absorption Rate?  Its the [...]

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This Month in Real Estate June 2010

by WestsideDB June 24, 2010 Santa Monica real estate

A great primer on short sales and what’s happening in real estate on a national level.

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March 2010 Stats for Santa Monica Homes for Sale

by WestsideDB April 6, 2010 Local Real Estate Statistics and Trends

Last Month’s Santa Monica homes for sale stats show some interesting activity.  1 in 3 homes sold last month and almost half are pending while still, very little inventory exists on the market.  This data is for all of Santa Monica, including the luxury market North and South of Montana.  If you are interested in [...]

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Santa Monica Feburary Real Estate Statistics

by WestsideDB March 7, 2010 Local Real Estate Statistics and Trends

While keeping in mind February only has 28 days this year, the monthly stats for real estate sold and for sale in Santa Monica is pretty low.  Take a look at these numbers from the Multiple Listing Service: So only 12 homes sold last month.  With 29 active, the market activity is off from last [...]

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Santa Monica August Condo Stats

by WestsideDB September 12, 2009 Local Real Estate Statistics and Trends

I’ve been meaning to post this for awhile now – Condos for sale in Santa Monica are among some of the most amazing pieces of property on the Westside.  Not only do homeowners get the benefit of excellent schools, ocean breezes, a sustainable city, you get the benefit of not having to cut the grass!  [...]

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July Stats for Santa Monica Homes for Sale

by WestsideDB August 30, 2009 Local Real Estate Statistics and Trends

July has been an interesting month for houses for sale in Santa Monica.  We’re seeing the sold numbers closer to the active listings which is always a sign.  Usually, the active listings far outweigh the sold properties.  And to boot, the sold price vs the listed price was almost 91%.  Which tells us downward pressure [...]

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Condo Stats for Santa Monica real estate July, 2009

by WestsideDB August 4, 2009 Local Real Estate Statistics and Trends

Here’s another interesting story – look at the active vs sold.  They are practically even.  Granted, a lot of expireds and withdrawns, but you can see that inventory is moving and people are still buying and selling in this fabulous city of ours. Have a question about your condo?  Or thinking of buying one?  Let [...]

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July’s Santa Monica Stats for Homes for Sale

by WestsideDB August 4, 2009 Santa Monica real estate

Hmmmm, interesting.  Only 21 active listings in all of Santa Monica, yet 16 sold in July.  While I find these stats great for Santa Monica real estate as a whole, when you look at specific neighborhoods, you can get a different picture altogether.  If you are concerned about the value of your home, click here [...]

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June Home Stats for Santa Monica Real Estate

by WestsideDB July 6, 2009 Local Real Estate Statistics and Trends

37 active 7 in backup positions 12 pending 21 sold Not a lot of activity in the single family market for Santa Monica.  Only 21 homes sold in June with an average price per foot sold at $824.45 a foot.  Inventory took a bit longer to sell than the condo market with an average of [...]

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