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Santa Monica Market Snapshot:  January 1 through June 30, 2016

91      Total Active Listings as of 6/30/2016

1.52% Absorption Rate  ( June 2016 Only)

1.75% Absorption Rate  ( Year to Date)

$355,000       Lowest Price

$17,800,000  Highest Price

$3,247,511  Average Price

$2,095,000  Medium Price

$1,249    Average Dollar Per Square Foot

88    Average Days on the market

2483    Average Square Feet

17,552   Average Lot Size

314    YTD Closed Listings

 

JUNE 2016 Numbers ONLY:

60                 June Taken Listings still on market on June 30

13                 June Pending Sales ( Listed in June that went pending in June)

$1,750,159   Average sold Price

21                 June Backup Status ( Listed in June that went “backup” in June)

60                 June Closed Sales   ( Number of listings that closed in June)

$11,000,000  Highest Sold Price

$359,500        Lowest Sold Price

$982             Average Dollar per Square Foot

$1,908,478    Average Sold Price

142                Average Days on the Market

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