Multiple offers and over-asking sale prices are not limited to moderately priced homes for sale in Los Angeles.
In Santa Monica, a house was recently sold. It’s in a prime, desirable location, but it’s a 1940s house in original condition with just over 2,000 square feet. ft. on a slightly less than 9,000 sq. acreage
Excluding the property above, 13 more homes were sold for more than the asking price, with an average sales vs. list price of 106 percent. In the past month, single-family houses in Santa Monica have sold on average after 22.30 days on the market.
The remaining properties were sold with an average sales vs. list price of 94.98 percent and an average of 81 days on the market.
All 30 homes have a sales-to-list price ratio of 100.37 percent and an average time on the market of 54 days.
Currently, 33 homes are under contract and 33 are on the market.
If you’ve been thinking about selling your home in Santa Monica, now is as good a time as any.
Santa Monica selling
One-of-a-kind approach to Santa Monica real estate has proven so successful that it ranked first among my peers in the real estate market. Here are a few of my most recent Santa Monica listings.
This 7,800+ sq. ft. custom-built home was built in 2009. The house is nestled in the middle of the block north of Montana. Award-winning Italian-style villa with a living area of ft.
This stunning four-bedroom, four-bathroom home was redesigned around the art of entertaining and was meticulously restored from top to bottom in 2020, with no expense spared.
Beautiful Spanish Villa built by the owner of the Shangri-La Hotel on a corner lot in Montana’s desirable northwestern region.
A private entertainer’s dream that is sleek, modern, and private. This updated contemporary home is located on one of Santa Monica Canyon’s most coveted streets.
This Zen-like retreat is located just north of Montana Avenue. This is a one-story, five-bedroom, 3,555-square-foot home. ft. home gives the impression of being on vacation.
Privately hedged three-bedroom, two-bathroom beachfront home in Santa Monica. Experience the advantages of living just a few blocks from the beach!
“Casa de Lujo” is the epitome of hotel living. This private, luxurious, fully furnished home is located just north of Montana Avenue and includes full housekeeping services. Immediately available for long-term or short-term lease.