Santa Monica, CA
Housing market overview · Updated weekly
$1.82Mmedian sale price
Homes sold
46
Last 12 weeks
Days on market
58
Average pace
Active listings
203
4.4 months supply
Sale-to-list
99.7%
Below asking
The Santa Monica housing market is currently classified as a leaning buyer's with a median sale price of $1.82M. Prices have fallen 12.1% compared to last year, with homes spending an average of 58 days on market, indicating 4.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Santa Monica?
The median home sale price in Santa Monica is $1.82M, down 12.1% from last year.
How long do homes stay on market in Santa Monica?
Homes typically spend 58 days on market before going under contract.
Is Santa Monica a buyer's or seller's market?
With 4.4 months of supply, Santa Monica is currently a leaning buyer's.
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