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Santa Monica, CA Real Estate News

By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Speechless Sundays: Check out the Origami   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 me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at http://www.endrebarath.com.  I am a pet friendly realtor and I contribute a portion of my commission to local animal rescue organizations.
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Black Mass: a Book Review & then some…..As most of you know before relocating to Los Angeles we lived in Boston, MA. Keep in mind Relocation from Boston to LA is quite a change. The Boston community is a very tight knit place, unlike any other place I ever lived. While LA can be very aloof after all we step over or do not notice thousands of homeless people as an example.I fell in love with the city of Boston, the Back Bay, the South End, Beacon Hill and the Waterfront. These were probably the more upscale areas of the city. I also lived in Alston/Brighton as well as the suburbs of Boston such as Woburn and Wilmington, MA.Having been in Contract Security Management and in Real Estate Sales I got to see different parts of the suburbs of Boston as well as the city and what the communities...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
Follow the Santa Monica real estate market trend over the past three years. Information is updated on a regular basis. The line graphs below show sold homes, both condos and single family.The figures in the right-hand column reflect the percentage change over the same  month in the previous year.Number Sold Sold - Median PriceSold - Median Price by square footageMonths supply of inventory denotes the number of months it will take to sell the existing homes on the market:  1-4 months = sellers' market; 5-7 months = balanced market; over 7 months = buyers' market.Months Supply of InventoryMonths Supply of Inventory by Price Range Homes For Sale in Santa Monica  Need more statistics? Fill out the CONTACT FORM or call Jane at 310-473-6919
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
A Day off Work in Santa Monica CA One of the things I like about being in Carlsbad is the close proximity to things we enjoy doing, like visiting Los Angeles (dining, the grandkids, art). We took some rare time off and went to Santa Monica last Friday, returning Sunday afternoon (for a client walk-through!).  We stayed a few blocks from the beach and Saturday morning took off for our habitual walk, this time to the Santa Monica beach down Pico Boulevard past Cha Cha Chicken. There was nothing on the agenda other than taking the whole afternoon to visit with our grandkids, daughter and son-in-law. It was so rare to not have a full schedule planned out, with the time to do whatever we wanted...and not feeling obligated to be on the phone, on email, or doing chores and errands around the h...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
A Bottle of Wine or Windows for the House? We were in Santa Monica over the weekend to try and take some time off, treat ourselves, and visit the grandkids. Dinner Friday night was at a long-standing and highly recommended Italian restaurant, Valentino, in Santa Monica.  Dinner was wonderful – excellent food, terrific attentive service, and probably the most amazing wine list I’ve ever encountered. Valentino is known for their wine list, and has been recognized by the Wine Spectator for years as a result. Indeed, there are around 1200 different wines from Italy (naturally!), France, the US and other countries, and reportedly about 100,000 bottles. THAT would be fun to see. My wife and I were perusing the wine list, and a few jaw-dropping prices. While I didn’t count, there were multiple...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
If you are interested in how the real estate market is doing in Santa Monica. Let's take a look.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  $1,325,000 : 858 12th Street, Unit 9, Santa Monica 2 beds, 3 full baths Lot size: 15,007 sqft Year built: 198...
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By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
The Greater Los Angeles-Santa Barbara Meetup Number Two!As most of you who keep up with the events on Active Rain know, that it is “Meetup Season” again. (We barely had time to forget the last one we just attended and here is another one already.) The last time, Alexandra & Ron Seigel wanted to meet Michael Jacobs and me, since it was Meetup Season it was a good excuse to combine the activity. The only way she managed to get both of us together was, by making us part of the “Hosting Personnel”.  Just on a side note, keep in mind, our meetups have been Paparazzi Proofed. All attendees signed a Non-Disclosure and No Photo Opportunity agreement the last time. Ron and Alexandra Seigel  chose the last location based on input from  Michael Jacobs  and yours truly. It was a well hidden place i...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
The news is that home sales are picking up for the Spring season, and median prices are continuing to rise.Is the Santa Monica real estate market following suit?  Let’s see Sales are down quite significantly over the previous Quarter and with the exception of single family homes in the 90405 zip code the median price has either dropped or is up moderately. Santa Monica remains a sellers’ market with very low inventory. Homes for sale in Santa Monica        
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By Heather Paul, Realtor,Top Selling Real Estate Agent
(Expert 1 Realty)
Expert 1 RealtyToll Free 1(800)410-5185Direct      1(310)923-2334Fax          1(310)919-5451http://expert1realty.com/The Premier Boutique Real Estate Brokerage Company located in Beautiful Santa Monica, CA . 401 Wilshire Blvd.12th Floor PenthouseSanta Monica, CA 90401 Ready to Buy a Home, Condo, Town Home, Multi-family Apartment Building, or Commercial Real Estate? Our Expert Real Estate Agents are Ready to Assist you!Call us Today at 1(310)923-2334    Thinking of Selling? Find Out What your Home, Condo, Investment Property, or Commercial Property is Worth Now-FREE ONLINE PROPERTY VALUE Ready to Sell Your Home, Condo or Property? Call The Real Estate Experts at Expert 1 Realty to get your Property sold for the highest dollar amount possible in the shortest amount of time. We are highly ...
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By Bandele Oguntomilade, Top REALTOR, Your Woodland Hills Real Estate Agent 818-825-6996
(Bogun Realty and Luxury Homes)
Santa Monica Home Listed  at $888K but Sold For $1.15 Mil - Woo Hoo!!!!  We just sold this Santa Monica Home for $262K over asking price – Woo Hoo!!!!  We listed this home for $888K and just sold it for $1,150,000.  Santa Monica Home, 19 blocks from the beach, 2 blocks from Santa Monica College! By clicking on below link, you can get the following information: 1. Your estimated current home value; 2. Properties that have just been listed for sale in your neighborhood; 3. Properties that recently sold in your neighborhood and the sold prices; 4. Open Houses in your neighborhood; 5. Rental properties in your neighborhood; 6. Schools for homes in your neighborhood; and 7. So much more . . . What My Home Is Worth Now and My Neighborhood Real EstateActivities If you are interested in buying...
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By Robert Schmalz, Cal. Lic Broker
(West Los Angeles Real Estate Group)
There are many steps in the home buying process. It’s easy to miss something that can add significantly to the cost of your home. I’m an expert and can help you simplify this process and get the most home for your money. Here’s how: I can give you a complete picture of the costs so you know how much home you can afford. I can help you rule out neighborhoods that don’t fit your needs and find new neighborhoods that do. I can make sure you have the latest alerts on homes that meet your criteria so other buyers don’t beat you to the punch. I can keep you informed about what’s happening in the local market. I can give you in-depth details on each home. I can quickly schedule tours and give you specific information on the advantages and drawbacks of each property I can also help you craft of...
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By Robert Schmalz, Cal. Lic Broker
(West Los Angeles Real Estate Group)
SANTA MONICA SINGLE FAMILY HOMES MULTI FAMILY CONDOS INCOME PROPERTIES PRICES REDUCED For many the single greatest reason to live in Santa Monica is to enjoy the ultimate Southern California beach.Santa Monica has 3.5 miles of well-maintained California beach locations and enjoys on average 340 days of sunshine a year plus a nearly constant gentle ocean breeze. Cycling, movie shoots, beach volleyball games, and the finest of people-watching all happen here, and it's no wonder. People love to gather at this California beach, partially because it is so pristine.Here is the current list of all homes in Santa Monica where the prices have been reduced. Of course I always looked at reduced prices as a sign they will take less. Looking for a home on the west side give me a call 310.505.5571. T...
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By Robert Schmalz, Cal. Lic Broker
(West Los Angeles Real Estate Group)
  I live and work in Santa Monica as the founder and broker of West Los Angeles Real Estate Group, it could be one of the most beautiful cities with the greatest life style and culture in the United States. So naturally the cost of homes in the city is very high but sometimes we find a home that is a value and of course it takes a local like myself to know this market. I found a home in the Sunset Park neighborhood of Santa Monica that has had a $100,000 price reduction and is quite beautifully redone.The pictures do not do this house justice, call me at 310.505.5571 / bob_schmalz@wlaregroup.com and take a tour, with this new price and low inventory I do not believe this home will be on the                                                                       market long                ...
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By Jodi Summers, Our reputation assures your satisfaction.
(Sotheby's International Realty)
by Jodi Summers   The residents of Santa Monica tend to think they live in their own little self-contained city, with its own government, business economy, water supply and elitest real estate process.   Those on the outside of the “Republic of Santa Monica” see this city by the sea – with a daytime population of 250,000 and a nighttime population of 90,000 residents as a suburb of Los Angeles. The website Movoto.com has, rather curiously, named Santa Monica one of the 10 smartest suburbs in America. Check out the top 10 list and we’ll dialogue further…   1. Santa Monica, CA   2. Evanston, IL   3. Berkeley, CA   4. Cambridge, MA   5. Towson, MD   6. Cupertino, CA   7. Scottsdale, AZ   8. Newton, MA   9. Seal Beach, CA   10. Alameda, CA   Movoto defined a suburb as any large population c...
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By Robert Schmalz, Cal. Lic Broker
(West Los Angeles Real Estate Group)
SANTA MONICA REAL ESTATE JUST LISTED CONDOS TOWN HOUSES SINGLE FAMILY HOUSES Santa Monica Real Estate Just Listed; Condos, Town Houses & Single Family Houses. Work with the professional Realtors that live and work in Santa Monica and can find homes that are not listed, distressed or present a unique value opportunity. I am Bob Schmalz, founder and Cal. Lic. Real Estate Broker for West Los Angeles Real Estate Group. Through our association with internationally known Rodeo Realty we are a full service Realtor. If you are looking to buy or sell personnel or commercial property or perhaps make a Real Estate investment, we are the only company you need to work with. Our network of professionals include; banking, escrow, title and accountants to name a few.The link below will take you to the ...
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By Jane Peters, Los Angeles real estate concierge services
(Home Jane Realty)
How did the Santa Monica real estate market do over the 3rd Quarter of 2014. Did we see more inventory come on the market? How is the median price now? Let's take a look. The percentage difference is over the previous Quarter.  Santa Monica single family 90401 - this is primarily a business district so you will see little or no activity here. Sold +/- Median % +/- Active Median Pending 0 = $1,522,000** -N/A 3 $3,950,000 0 90402 - which includes the areas of Santa Monica Canyon, North of San Vicente, and North of Montana and the northern part of Ocean Avenue (which includes the luxury condo buildings). Sold +/- Median % +/- Active Median Pending 29 +3 $3,144,375 -10.56 21 $3,765,000 12 90403 - North of Wilshire, parts of Ocean Avenue (also including some of the luxury condo complexes), S...
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By Robert Schmalz, Cal. Lic Broker
(West Los Angeles Real Estate Group)
  SANTA MONICA REAL ESTATE - SINGLE FAMILY HOUSE - 3 BEDROOMS - OCEAN PARK 6 BLOCKS TO THE BEACH REDUCED $70,000 to $1,525,000Santa Monica is one of the most beautiful cities in the United States. Having a combination of Mountains, Ocean and City that offers a lifestyle that cannot be described but must be lived to understand. I have lived here for 25 years and know the area as only a local could. Situated in the Ocean Park section of Santa Monica, it runs right along the ocean on the southern boundary between Santa Monica and Venice. Get home from work on Friday night, park the car and don't deal with it until Monday morning                                                                                                           This beautifully remodeled custom beach home is like new ...
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By Robert Schmalz, Cal. Lic Broker
(West Los Angeles Real Estate Group)
BUILT IN 2014 THESE ARE THE NEWEST CONDOS ON THE BEACH IN SANTA MONICA. REDUCED BY ALMOST WHAT ANOTHER CONDO WOULD COST, BUT NOT IN SANTA MONICA Those of you that are looking for property in Santa Monica understand that you are buying a lifestyle that is probably one of the best in the country. I am the owner and Broker of West Los Angeles Group, specializing in Santa Monica Real Estate and of course i am biased, but give me a call and let me show you around, you will understand Built in 2014 , this spacious 1750 sq ft , 2 bedroom +den and 2 bath home ,washer dryer in unit,wrap around terraces , spectacular views of the Ocean and full service Concierge service available and of course much more $3,050,000  You are in one of the best locations in all of Santa Monica; 1 block to beach, two...
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By Jodi Summers, Our reputation assures your satisfaction.
(Sotheby's International Realty)
by Jodi Summers The aggregate value of real estate in Santa Monica currently stands at $29 billion, according to the Los Angeles County Office of the Assessor. The aggregate value of property in Los Angeles County totaled $1 trillion > $62 billion increase from the prior year – a.k.a. a 6% rise in value. “While the largest factor for the increase this year was residential real estate, international investors are also pouring money into large mixed use projects in downtown L.A., including projects like the Wilshire Grand Tower and Metropolis,” observes Anthony Crump, Special Assistant of Communications at the County Office of the Assessor. The California Association of Realtors looks broader and notes that statewide, the median price rose over the 12 months ending in August by 8.9% to $4...
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By Robert Schmalz, Cal. Lic Broker
(West Los Angeles Real Estate Group)
Only in California and especially in Santa Monica Real Estate can you find a house that has been reduced almost $1,000,000 and still cost $3,700,000. In other parts of the country they think the housing prices here are crazy   BUT!!!!!   they live in other parts of the country. Now don't get me wrong I have lived in many cities in the United States and have been to most areas over the course of my life , there are great areas of the country but the California Coast and especially Santa Monica Bay is spectacular   I live very close to this house and it is very unique, steps from the beach, it offers a lifestyle that cannot be beat. You are 1 block to the beach, 3 blocks to Main St and 1/2 mile to Santa Monica's famous 3rd ST Promenade This is a 4 bedroom house with 4 bathrooms and over 2...
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