A few days ago we had a client ask up about the current market analysis in Santa Monica. Usually we have it up to date but with our busy schedule we hadn't had a chance to. The market analysis of a city/town is probably one of the most important things that people should know. With that we though we would share with you our cities current market trend! Market Absorption Trend: Santa Monica *Single family homes only How is YOUR neighborhood faring in this market? Market Activity in the Past- 12 Months 6 Months 3 Months Closed Transactions: 238 136 80 Average Homes Sold Per Month: 19.83 22.67 26.67 Listings Active on MLS: 44 44 44 Months of Supply on Market: 2.22 1.94 1.65 Average List Price: $2,353,749 $2,372,117 $2,365,912 Average S...
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