Santa Monica Real Estate Market Analysis June 2012

June 2012 was not the greatest month for Santa Monica. Prices were down almost 10% on the single family side and volume was down (although only by 1 less sale than in May). We will continue to monitor this market as it’s going to be interesting to see what happens. Santa Monica is a solid market, and should be through the rough part of the housing crisis. This slight down tick could be attributed to the inventory shortages that are hitting most of Southern California. We would have expected prices to increase but the decrease can be attributed to many things such as, home size, location, age and quality.

Santa Monica Real Estate Market Analysis

Santa Monica Real Estate Sales Volume for June 2012

Santa Monica Real Estate Average Sales Price for June 2012

Santa Monica Real Estate Median Sales Price for June 2012

For a detailed explanation of the real estate information above, contact us at 1-800-287-1808 or homes@capropertyfinder.com.

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