Looking ahead to the new year, the annual report from PwC highlights the top factors that will drive changes to real estate. Macro forces of today will result in changes for real estate in 2023—from the sales pace and buyer preferences to city infrastructure and investor demand. Check out the article to read about it all, and get an inside peek at the top markets to watch.
Santa Monica Market Update | November 2022
Single Family Homes
Average Sold Price
3.48
Million
Down -19.2%
from November 2021
Closed Sales
12
Down -7.7%
from October 2022
Average Days on Market
46
Up 24.3%
from October 2022
Condos/Townhomes
Average Sold Price
1.3
Million
Down -14.2%
from November 2021
Closed Sales
20
Down -28.6%
from October 2022
Average Days on Market
39
Up 50%
from October 2022
Food Obssession of the Month
Keto Fudge
Looking for a great Holiday treat? Try these delicious keto fudge bars!
- Cooking spray
- 1 (8-ounce) block Cream Cheese, softened
- 4 tbsp (1⁄2 stick) Butter, softened
- 1 cup Swerve Confectioners
- 1 cup Unsweetened Cocoa Powder
- 1/2 cup Heavy Cream
- 1 1/2 cup Sugar-free Dark Chocolate Chips, melted
- 1/2 cup finely chopped Pecans
Local Happenings
DECEMBER 10TH
"This year’s Santa Monica-Venice Christmas Run will take place on Saturday, December 10, 2022 and will again include its legendary 5k and a 10k run/walk that includes a long stretch down the iconic Venice Boardwalk and finishes at the world-famous Venice Pavilion. This is a flat, fast 5k and 10k. The 1k Kid’s Fun Run course starts and finishes at the Venice Pavilion."
For more info click here
DECEMBER 10TH
"Main Street, Santa Monica's annual holiday event returns on Saturday, December 10th with TWO tree lightings, photos with Santa, roaming carolers and more! Starting at 3PM with FREE activities for kids and live-music on the Victorian Lawn, followed by Santa's grand entrance at 4PM."
For more info click here
Lifestyle Tips & Tricks
Bring winter to your doorstep with festive and fun decorations. Create a coastal scene, opt for a winter village look, or adorn a simple farmhouse DIY wreath. Whatever your style there’s a way to add color, texture, and foliage that fits your home’s seasonal vibe.
Many people consider a National Park visit an essential summer trip—but don’t sleep on the same parks in the winter. Break out your winter gear and journey to these winter wonderlands.
Do you ever feel like you spend more time cleaning up after a holiday meal than you do enjoying it? You’re not alone. Set yourself up for an efficient clean up and spend more time with friends and family. Try out these tips during the holiday season, and even use them for parties all year long.
