The Real Deal Los Angeles

Submarket Snapshot: Condos in Santa Monica

Average price at start of 2016: $1.6 million

March 31, 2016 05:00PM
By Hannah Miet

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Santa Monca

Santa Monca

A whopping 96 condos sold in Santa Monica in the fourth quarter, according to a report by the Agency.

The units sold for an average of $1.3 million, and for $906 a square foot. They traded at 0.46 percent over listing price. 

At the start of 2016, 40 condos were on the market in Santa Monica with an average listing price of $1.6 million, or $1,169 a square foot.