Looking to Buy Real Estate in Santa Monica? Here’s What You Should Know

Demand for real estate is high in sunny Santa Monica, California, with the majority of homes getting snatched up in just a few months. But with a median home listing price of $1.6 million as of March, Santa Monica real estate is expensive.

Using March 2016 data from real estate site Agent Ace, NerdWallet analyzed trends in Santa Monica. Whether you’re considering buying or selling a property, here’s what you need to know about the state of the real estate market.

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