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Santa Monica Home Values and Market Report

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Livingbythefoothills.com
Report prepared by Livingbythefoothills.com Gilbert Garcia
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Market at a glance

Over the last 12 months, homes sold for 97.4% of list price in 42 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $2.22M Sold · $2.21M
$3.8M$3.2M$2.6M$2M
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 67 sales in Jun. Last month: 60.

Where the market stands

All homes in this report, by status.

1,039homes
Active344 · 33%
Under contract27 · 3%
Sold (12 mo)668 · 64%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$3.27M
Under contract$3.31M
Sold$2.66M

Average days on market

Active85 days
Under contract160 days
Sold42 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 344
Average list price $3,270,090
Avg. days on market 85 days
Avg. price per ft² $1,186
Avg. living area 2,814 ft²
Avg. beds / baths 4.0 / 4.0

Charts and listings below cover the 250 highest-priced of 344 homes.

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

30 homes didn’t report living area and aren’t shown.

5 homes are larger or pricier than this chart’s scale and aren’t shown.

$30M$20M$10M$0

Price vs. living area: 215 homes plotted, up to $30M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

33 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

859 Woodacres Road$5,637
547 Palisades Beach Road$3,398
101 California Avenue Unit PH$3,229
506 Georgina Avenue$2,999
405 Palisades Avenue$2,933
624 23rd Street$2,933
1044 Chelsea Avenue$2,547

Active listings (250 of 344)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
859 Woodacres RoadSanta Monica, CA 90402 6612,240$69,000,000$5,637139 days
547 Palisades Beach RoadSanta Monica, CA 90402 71110,300$35,000,000$3,39872 days
506 Georgina AvenueSanta Monica, CA 90402 81210,000$29,999,999$2,999143 days
439 21st StreetSanta Monica, CA 90402 788,400$19,995,000$2,380523 days
1115 14th StreetSanta Monica, CA 90403 444334,281$19,250,000$561353 days
537 San Vicente BoulevardSanta Monica, CA 90402 474740,412$15,395,000$380220 days
627 17th StreetSanta Monica, CA 90402 786,000$14,999,000$2,499272 days
405 Palisades AvenueSanta Monica, CA 90402 654,772$14,000,000$2,93337 days
528 Marguerita AvenueSanta Monica, CA 90402 688,008$13,998,000$1,74827 days
842 11th StreetSanta Monica, CA 90403 182414,334$13,995,000$97613 days
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.