Your Local Market Report

Santa Monica, CA 90405

Single-Family Homes

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Santa Monica, CA 90405

Thu Oct 22 2026
This week the median list price for Santa Monica, CA 90405 is $2,687,500 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has decreased to 20. 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

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Santa Monica, CA 90405

Thu Oct 22 2026
This week the median list price for Santa Monica, CA 90405 is $2,687,500 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has decreased to 20. 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

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Santa Monica market.
Median List Price $2,687,500
Median Price of New Listings $3,495,000
Per Square Foot $1,529
Average Days on Market 123
Median Days on Market 112
Price Decreased 15%
Price Increased 0%
Relisted 10%
Inventory 20
Median Rent
Market Action 41
Slight Seller's Advantage

Despite this week’s down tic, the price trend in this zip code remains upward for several weeks. We’re within sight of the market peak, and we’ll assume this week’s change is just randomness unless we see a persistent downward push of the Market Action Index into the Buyer’s zone.

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
$3,495,000 2,067 4,500 - 6,500 sqft 3 2.5 103 1 0 42
$2,950,000 2,388 4,500 - 6,500 sqft 4 2 100 0 1 112
$2,495,000 1,571 6,500 - 8,000 sqft 3 2 89 0 0 196
$1,825,000 1,168 4,500 - 6,500 sqft 3 1 79 0 0 105