August 12, 2022 Breaking News, Latest News, and Videos

Santa Monica Real Estate Update: Home Sales Vs A Year Ago:

As of the end of February 2012, there were 66 single-family Santa Monica residences listed in the Multiple Listing Service (M.L.S.), which is 42 percent lower than the same time last year. Twenty-seven homes have sold so far this year, and there are currently 45 homes in escrow in Santa Monica.

Median sale prices are currently $1,758,800, which is up 31 percent over the same period last year. The average sale price per square foot has increased by 19 percent as compared with the same period in 2011, and is now at $807 per square foot.

The lowest-priced available home is a two-bedroom, one-bath on Arizona Avenue at $639,000. The highest-priced property is on Georgina Avenue. This six-bedroom, 9.5-bath house is listed at $9,995,000.

The lowest sale price so far this year was a two-bedroom, one-bath on Stanford Street, which sold for $520,000. The highest sale so far this year was a seven-bedroom, eight-bath on La Mesa Way, which sold for $9,400,375.

Michael Edlen has provided real estate counseling services for 26 years. He is ranked in the top 50 of Coldwell Banker agents nationwide. He can be reached at 310.230.7373 or Michael@MichaelEdlen.com. More information is available on MichaelEdlen.com.

in News
Related Posts

Another Mountain Lion Dies After Being Hit by a Car

August 12, 2022

August 12, 2022

P-89 found dead along the shoulder of the 101 Freeway in Woodland Hills last month By Sam Catanzaro Another mountain...

Santa Monica Police Arrest Sexual Assualt Suspect

August 12, 2022

August 12, 2022

Anthony Barrett arrested in connection to June 28 assault By Sam Catanzaro Santa Monica police are seeking the public’s help...

LA City Council Approves Expanded Anti-Camping Ordinance

August 11, 2022

August 11, 2022

Bonin one of three not votes in expansion of LAMC section 41.18 Los Angeles City Council has banned homeless encampments...

Review: A Santa Monica Restaurant’s New Happy Hour is Top-Notch

August 10, 2022

August 10, 2022

By Dolores Quintana Birdie G’s in Santa Monica has a new Happy Hour and it is something special. For one...

Italian Market Coming to Montana Avenue

August 10, 2022

August 10, 2022

Sogno Toscano planned for 1512 Montana Avenue By Dolores Quintana Sogno Toscano is aiming to open a new “lifestyle cafe,...

Best of Santa Monica Awards Voting Now Open!

August 10, 2022

August 10, 2022

Cast your vote to support your favorite local businesses  Voting is now open for the Santa Monica Mirror’s annual Best...

Venice Family Clinic to Provide Free Community Resources in Celebration of National Health Center Week

August 9, 2022

August 9, 2022

Nonprofit Community Health Center Offering Free COVID-19 Vaccines, Children’s Books, HIV Testing, Health Insurance Counseling, CalFresh Enrollment and More August...

Santa Monica Obtains Injunctions Against Landlords in Section 8 Voucher Discrimination Lawsuit

August 8, 2022

August 8, 2022

Judgment requires landlords to accept voucher, pay $20,000 in restitution  By Sam Catanzaro The Santa Monica City Attorney’s Office has obtained...

Local Nursing Home Tells Wrong Patients Family Their Loved One Died: Santa Monica Beat – August 8th, 2022

August 8, 2022

August 8, 2022

Local news and culture in under 5 minutes.* Local Nursing Home Tells Wrong Patients Family Their Loved One Died* Santa...

Brentwood-Adjacent Residential High-Rise Complete

August 8, 2022

August 8, 2022

The first high-rise residential development built west of the 405 in over 40 years is now leasing luxury apartments. Learn...

Mixed-Use Downtown Apartment Complex Has Highest Rents in City: Santa Monica Real Estate Report – August 8th, 2022

August 8, 2022

August 8, 2022

Property, Developments, and Listings on the Westside.* Mixed-Use Downtown Apartment Complex Has Highest Rents in City* Gardening Tips for Fall*...

Supervisor Holly Mitchell Calls for Update of Marina del Rey’s Vision Statement

August 5, 2022

August 5, 2022

By Dolores Quintana Marina Del Rey is now considered part of District Two in Los Angeles County and now falls...

Meridian Building Sells in Santa Monica for $18 Million

August 5, 2022

August 5, 2022

Redcar Properties buys Santa Monica office at 1448 15th Street By Dolores Quintana Redcar Properties purchased a second property in...