Santa Monica, 90405 Latest Real Estate Data
Rinde Philippe Rinde Philippe

Santa Monica, 90405 Latest Real Estate Data

Explore the latest shifts in Santa Monica's 90405 condo market and single family residence. Discover how current trends could influence your real estate decisions whether you're a buyer or a seller.

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Market Trends in 90025: Single-Family Homes Cooling Off, Condos Heating Up
Home Buyers, Home Sellers Rinde Philippe Home Buyers, Home Sellers Rinde Philippe

Market Trends in 90025: Single-Family Homes Cooling Off, Condos Heating Up

If you're in the market for a single-family residence in Los Angeles' 90025 zip code, staying up-to-date on the latest market trends is essential. According to recent data, the median list price for single-family homes in 90025 is currently $2,335,000. However, the market has been cooling off consistently for several weeks, with an increase in inventory and a decrease in demand leading to lower prices. The Market Action Index (MAI) currently stands at 12, indicating the market favoring buyers. On the other hand, the condo market in 90025 is heating up with strong buyer demand and limited supply, driving up prices and creating a Seller's market.

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