Chartwell Escrow

Santa Monica, CA 90404

Condos/Townhomes

Active Market Report | Weekly Update



Santa Monica, CA 90404

Tue Apr 21 2026
This week the median list price for Santa Monica, CA 90404 is $1,074,000 with the market action index hovering around 31. This is less than last month's market action index of 33. Inventory has increased to 34. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Santa Monica, CA 90404

Tue Apr 21 2026
This week the median list price for Santa Monica, CA 90404 is $1,074,000 with the market action index hovering around 31. This is less than last month's market action index of 33. Inventory has increased to 34. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Santa Monica market.
Median List Price $1,074,000
Median Price of New Listings $1,049,000
Per Square Foot $860
Average Days on Market 93
Median Days on Market 60
Price Decreased 29%
Price Increased 0%
Relisted 32%
Inventory 34
Median Rent
Market Action 31
Slight Seller's Advantage

We continue to see prices in this zip bounce around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$1,650,000 1,788 6,500 - 8,000 sqft 3 2.5 18 0 1 84
$1,174,997 1,385 6,500 - 8,000 sqft 2 2.5 46 1 0 35
$899,000 1,042 0.25 - 0.5 acre 2 2 54 2 1 21
$616,500 740 0.25 - 0.5 acre 1 1 53 0 2 91