Santa Monica CA Real Estate Market Analysis for February 2012

Sales volume is picking up well in Santa Monica. Volume is up across the board year over year and compared to the previous month. More single family homes and condos were sold in February than in January, even with the shorter month. Unfortunately, prices were down compared versus January. At least they were up compared to the previous year.

These are good signs for the Santa Monica housing market. When volume starts to pick up, prices will soon follow. The inventory will be purchased, so sellers will start to increase prices as the supply-demand curve swings in their favor. Buy now, before the prices start going up.

Real Estate Market Analysis in Santa Monica CA for February 2012

Number of Houses and Condos sold in Santa Monica for February 2012

Average Sales Price of Houses and Condos sold in Santa Monica for February 2012

Median Sales Price of Homes and Condos sold in Santa Monica for February 2012

Contact us via e-mail or call 1-800-287-1808 for a detailed breakdown of these numbers, more information on the area, or help searching homes for sale in Santa Monica CA.

The data contained above is sourced from the MLS. CAPropertyFinder.com cannot confirm its validity.
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