Santa Monica, CA
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

SELLER'S MARKET

WHY IS IT A SELLER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is HIGH in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

10

SINGLE FAMILY HOMES

Condos

16

CONDOS

Townhouses

10

TOWNHOUSES

MEANWHILE...

19

HOMES LISTED

1
Sold Already!

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$1.6M
$100k
$1.11M$1.48M$1.85MNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
2Homes
1-3
MONTHS
22Homes
OVER
3 MONTHS
12Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

67
DAYS
20%
5156606569NovOctSepAugJulJun

And finally...What's the hottest street in

Santa Monica

ocean ave

For November 2016, Santa Monica, CA has been a seller's Market - demand in this city is high. The inventory of homes for sale in Santa Monica, CA was 144 and 36 homes were sold.