Toni Patillo – Santa Monica and Palisades Real Estate Agent

Santa Monica Real Estate Market Is Healthy Once Again

Do you want to list your home on the Santa Monica real estate market but are worried about what condition it is in? Santa Monica real estate agents want you to know that the market is once again a seller’s market and that now is a great time for you to list your home. Statistically speaking, percentages are increasing across the board when it comes to home values, listing prices, selling prices and number of homes sold. The Santa Monica real estate market is healthy once again so get ready to sell your home today.

If you were underwater on your home a few years ago it’s highly likely that you aren’t any more. In the area, home values have increased almost 24% from last year to $1.1 million. This is the highest increase when compared to surrounding communities in California. In conjunction with this amazing increase in property values, Santa Monica real estate agents report that the listing and selling prices for homes has increased 23% and 20% respectively. If you’ve owned your home for years and are ready to sell now is the time because you could be in a position to make a nice profit to put towards a new home on the Santa Monica real estate market. The number of homes that were sold for a profit is 92% which is a 16% increase from the previous year; isn’t this a promising sign that the market has turned around?

To find out more information on why now is the right time for you to list your home on the Santa Monica real estate market and what the current market trends are throughout the area, get in touch with your Santa Monica real estate agent. They can show you exactly why if you list your home on the Santa Monica real estate market today you won’t regret it.

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