Kate Bransfield

Santa Monica, CA 90402

Single-Family Homes

CalRE #01218699 - Coldwell Banker Realty



Santa Monica, CA 90402

Thu Jan 28 2021
This week the median list price for Santa Monica, CA 90402 is $6,646,500 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 32. Click here to stay informed with the Santa Monica market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Santa Monica, CA 90402

Thu Jan 28 2021
This week the median list price for Santa Monica, CA 90402 is $6,646,500 with the market action index hovering around 31. This is an increase over last month's market action index of 30. Inventory has held steady at or around 32. Click here to stay informed with the Santa Monica market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.

Real-Time Market Profile

Never miss important changes in the Santa Monica market.
Median List Price $6,646,500
Per Square Foot $1,435
Days on Market 152
Price Decreased 22%
Price Increased 0%
Relisted 6%
Inventory 32
Median Rent $17,000
Most Expensive $18,500,000
Least Expensive $959,000
Market Action 31
Slight Seller's Advantage

Price trends in this zip code continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here. We’ll look at the Market Action Index later in the report to gauge the leading indicators.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$12,425,000 6,117 0.25 - 0.5 acre 5 6 98 1 0 163
$7,392,000 6,145 8,000 - 10,000 sqft 5 7 35 1 1 98
$4,447,000 3,364 6,500 - 8,000 sqft 3 4 45 2 2 95
$2,425,000 1,208 8,000 - 10,000 sqft 2 2 71 1 1 251