Santa Monica Homes
2008-2009
- Number Sold – 191 Number Sold – 188
- Median Sales Price – $1,900,000 Median Sales Price – $1,505,500
- Median Days on Market – 40 Median Days on Market – 45
- Current Inventory Supply (as of 1/11/10) – 2.44 Months
- (71 Active vs. 29 in escrow)
- Inventory Supply at the Same Time Last Year – 14.7 Months
- (103 Active vs. 7 in escrow)
1st Quarter 2008 1st Quarter 2009
- Number Sold – 33 Number Sold – 13
- Median Sales Price – $2,134,235 Median Sales Price – $1,500,000
- Median Days on Market – 25 Median Days on Market – 35
2nd Quarter 2008 2nd Quarter 2009
- Number Sold – 53 Number Sold – 50
- Median Sales Price – $1,900,000 Median Sales Price – $1,650,000
- Median Days on Market – 51 Median Days on Market – 45
3rd Quarter 2008 3rd Quarter 2009
- Number Sold – 63 Number Sold – 70
- Median Sales Price – $2,052,000 Median Sales Price – $1,620,000
- Median Days on Market – 52 Median Days on Market – 54
4th Quarter 2008 4th Quarter 2009
- Number Sold – 55 Number Sold – 54
- Median Sales Price – $1,692,000 Median Sales Price – $1,249,500
- Median Days on Market – 38 Median Days on Market – 43.5