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Market Conditions in 90405 : Real Estate Advice

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Tue Apr 9, 2013
Monique and Joe Carrabba answered:
Hello San Dee,

The stats I have for Santa Monica are for Santa Monica as a whole and not just Ocean Park. The median price in Santa Monica currently for a condo is $630,000 compared to $780,000 last year. WOW! Sales are down from 2007. As of February 2007 there were 61 sales compared to YTD February 28 it was 43. Sales are down and prices are lower. Ocean Park is a great location and will always be desirable.

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Moniqiue Carrabba
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