Are you scouring the Southern California area for a great place to settle down and invest your money in a home that you can call your own. Look no further than the Santa Monica real estate market! Santa Monica is a great community and the Santa Monica real estate market is much the same.
The average home value of properties listed on the Santa Monica real estate market is currently a little over $1 million; this is an increase of 15% in the past year. While this price may intimidate some that aren’t familiar with the housing market in this area, prices like this are typical with Southern California. One positive side note, however, is that the average listing price is actually under the home value price at just under $1 million and the average selling price of homes on the Santa Monica real estate market is about $820,000; buyers are definitely getting their money’s worth.
What many people don’t realize, however, is that when you invest your money in a piece of property from the Santa Monica real estate market, you tend to get much more back in return. Since 2009, home values have steadily increased and Santa Monica real estate agents expect this trend to continue. If you invest your money in a home from the Santa Monica real estate market today, there’s no telling how much it will be worth when you decide to sell.
If you want to learn more about what a great investment Santa Monica real estate can be for you and your family, contact an experienced and knowledgeable Santa Monica real estate agent today. They will cover all of the current buying and selling trends with you and help you find a home that will fit your needs while getting you the best value for your money.