Kate Bransfield

Santa Monica, CA 90405

Single-Family Homes

CalRE #01218699 - Coldwell Banker Realty



Santa Monica, CA 90405

Thu Jan 28 2021
This week the median list price for Santa Monica, CA 90405 is $2,500,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has held steady at or around 15. 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.

Strong Seller's Market

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 90405

Thu Jan 28 2021
This week the median list price for Santa Monica, CA 90405 is $2,500,000 with the market action index hovering around 49. This is less than last month's market action index of 50. Inventory has held steady at or around 15. 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.

Strong Seller's Market

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 $2,500,000
Per Square Foot $1,158
Days on Market 76
Price Decreased 33%
Price Increased 0%
Relisted 33%
Inventory 15
Median Rent $6,995
Most Expensive $6,499,000
Least Expensive $975,000
Market Action 49
Strong Seller's Market

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
$4,195,000 4,177 4,500 - 6,500 sqft 4 4 6 0 0 51
$2,996,000 3,938 6,500 - 8,000 sqft 4 4 61 0 0 152
$2,297,000 1,809 4,500 - 6,500 sqft 3 2 77 1 0 52
$1,697,000 1,222 4,500 - 6,500 sqft 2 2 70 2 0 42