| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Ocean Park | $691,750 | -25.6% | $850,000 | $930,000 | $810,000 | Santa Monica | $825,000 | +4.4% | $825,236 | $790,500 | $729,227 |
The median sales price for homes in Ocean Park for Sep 09 to Nov 09 was $691,750. This represents a decline of 18.6%, or $158,250, compared to the prior quarter and a decrease of 25.6% compared to the prior year. Sales prices have depreciated 14.6% over the last 5 years in Ocean Park, Santa Monica.
The median sales price of $691,750 for Ocean Park is 16.15% lower than the median sales price for Santa Monica CA. Average listing price for homes on Trulia in Ocean Park was $1,151,045 for the week ending Dec 23, which represents a decline of 4.3%, or $51,388 compared to the prior week and a decline of 10.3%, or $132,738, compared to the week ending Dec 02. Average price per square foot for homes in Ocean Park was $655 in the most recent quarter, which is 7.91% higher than the average price per square foot for homes in Santa Monica.
| Neighborhood | Week ending Dec 23 | w-o-w | Week ending Dec 16 | Week ending Dec 9 | Week ending Dec 2 |
|---|---|---|---|---|---|
| Ocean Park | $1,151,045 | -4.3% | $1,202,433 | $1,260,372 | $1,283,783 | Santa Monica | $1,375,520 | +2.2% | $1,346,324 | $1,348,335 | $1,393,864 |
| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Ocean Park | $655 | -12.9% | $718 | $752 | $760 | Santa Monica | $607 | -15.6% | $687 | $719 | $622 |
| Neighborhoods | Week ending Dec 23 |
w-o-w | Week ending Dec 16 |
Week ending Dec 9 |
|---|---|---|---|---|
| Wilshire Montana | 1 | — | 1 | 1 |
| North of Montana | 2 | +1 | 3 | 2 |
| Ocean Park | 3 | -1 | 2 | 3 |
| Mid-City | 4 | — | 4 | 4 |
| Sunpark | 5 | +1 | 6 | 5 |
| Pico | 6 | -1 | 5 | 6 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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