Kate Bransfield

Santa Monica, CA 90404

Single-Family Homes

CalRE #01218699 - Coldwell Banker Realty



Santa Monica, CA 90404

Thu Jan 28 2021
This week the median list price for Santa Monica, CA 90404 is $1,995,000 with the market action index hovering around 25. This is less than last month's market action index of 30. Inventory has held steady at or around 7. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Santa Monica, CA 90404

Thu Jan 28 2021
This week the median list price for Santa Monica, CA 90404 is $1,995,000 with the market action index hovering around 25. This is less than last month's market action index of 30. Inventory has held steady at or around 7. 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Santa Monica market.
Median List Price $1,995,000
Per Square Foot $680
Days on Market 321
Price Decreased 14%
Price Increased 14%
Relisted 14%
Inventory 7
Median Rent $4,700
Most Expensive $2,595,000
Least Expensive $1,645,000
Market Action 25
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$2,595,000 3,878 6,500 - 8,000 sqft 7 6 71 0 0 602
$2,385,000 26,939 4,500 - 6,500 sqft 6 6 36 0 0 623
$1,872,500 1,395 8,000 - 10,000 sqft 3 2 83 0 0 98
$1,650,000 1,835 4,500 - 6,500 sqft 3 3 42 0 0 101