Santa Monica Real Estate 1st Quarter 2012 Market Report

Let’s compare the Santa Monica real estate performance for the 1st Quarter 2012 over the same period last year.

The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed.  Also, they reflect single family home sales only.

Number Sold:  52, a 5.45% decrease over the same period in 2011.

Median Price:  $1,545,000, a 14.44% increase over the same period in 2011.

There are 64 active listings and with an average sale of 17.33 homes per month over the past 3 months, this means that there is an absorption rate of 3.69.  In other words, it will take 3.69 months to sell the existing inventory based on the average monthly sales.

A balanced market is 6 months.  Anything less trends towards a sellers’ market.

Santa Monica home sellers are in an excellent position to find buyers for their homes, especially if priced right.

Search homes for sale in Santa Monica

MLS® #: 25497697
  • 607 Siena Way
  • Bel Air CA
  • $177,000,000
  • 8 Beds | 25 Baths | 35,000 SqFt
  • 1 Acres
MLS® #: 24-449959
  • 1261 Angelo Dr
  • Beverly Hills CA
  • $175,000,000
  • 16 Beds | 27 Baths | 50,000 SqFt
  • 6 Acres
MLS® #: 25516441
MLS® #: 23-231909
MLS® #: 23-321859
  • 9505 Gloaming
  • Beverly Hills CA
  • $126,000,000
  • 8 Beds | 20 Baths | 30,610 SqFt
  • 2 Acres
MLS® #: 25511979
  • 10936 Chalon Rd
  • Los Angeles CA
  • $120,000,000
  • 9 Beds | 13 Baths | 14,941 SqFt
  • 1 Acres
MLS® #: 25497825
  • 729 Bel Air Rd
  • Los Angeles CA
  • $120,000,000
  • 9 Beds | 20 Baths | 18,784 SqFt
  • 3 Acres
MLS® #: 25557071
MLS® #: 25555899
  • 9904 Kip DR
  • BEVERLY HILLS CA
  • $79,000,000
  • 1 Beds | 22 Baths | 24,757 SqFt
  • 19 Acres
MLS® #: 25-482497
MLS® #: 25556835
MLS® #: 24-386085
  • 107 Delfern Dr
  • Los Angeles CA
  • $65,000,000
  • 1 Beds | 19 Baths | 21,000 SqFt
  • 1 Acres
MLS® #: 24-440479
MLS® #: 25494997
MLS® #: 24-437007
MLS® #: 25536281
  • 1101 Bel Air Pl
  • Los Angeles CA
  • $59,995,000
  • 5 Beds | 17 Baths | 24,920 SqFt
  • 2 Acres
MLS® #: 24-463937
MLS® #: 25-483555
  • 616 N Beverly Dr
  • Beverly Hills CA
  • $59,500,000
  • 7 Beds | 14 Baths | 20,520 SqFt
  • 0 Acres
MLS® #: 25561595
  • 12833 Chalon Rd
  • Los Angeles CA
  • $58,500,000
  • 6 Beds | 9 Baths | 9,960 SqFt
  • 5 Acres
MLS® #: 25521971
MLS® #: 25538697
  • 1129 Tower Rd
  • Beverly Hills CA
  • $55,000,000
  • 7 Beds | 14 Baths | 15,000 SqFt
  • 1 Acres
MLS® #: 25504155
MLS® #: 25548255
  • 766 Paseo Miramar
  • Pacific Palisades CA
  • $54,000,000
  • 7 Beds | 12 Baths | 18,372 SqFt
  • 1 Acres
MLS® #: 25-476043
  • 1108 Wallace Rdg
  • Beverly Hills CA
  • $53,000,000
  • 7 Beds | 14 Baths | 18,169 SqFt
  • 0 Acres
MLS® #: AR25122911MR
MLS® #: 25499497
MLS® #: 25540667
  • 684 Firth Ave
  • Los Angeles CA
  • $49,999,999
  • 6 Beds | 10 Baths | SqFt
  • 1 Acres
MLS® #: 25517025
  • 10066 Cielo Dr
  • Beverly Hills CA
  • $49,995,000
  • 9 Beds | 18 Baths | 21,000 SqFt
  • 3 Acres
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
All properties are subject to prior sale, changes, or withdrawal.
This site was last updated Jul-10-2025 12:18:11 pm.

 

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