Market Report
Santa Monica, CA 90401
Single-Family Homes
Chartwell Escrow
Santa Monica, CA 90401
Sun Mar 16 2025
This week the median list price for Santa Monica, CA 90401 is $10,000,000 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has increased to 3.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.
Real-Time Market Profile
| Median List Price | $10,000,000 | |
| Median Price of New Listings | $10,000,000 | |
| Per Square Foot | $1,412 | |
| Average Days on Market | 117 | |
| Median Days on Market | 35 | |
| Price Decreased | 0% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 3 | |
| Median Rent | ||
| Market Action | 18 | |
| Slight Buyer's Advantage | ||
You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| $12,495,000 | 3,650 | 0 - 4,500 sqft | 3 | 3 | 13 | 0 | 0 | 35 |
| $10,000,000 | 15,364 | 6,500 - 8,000 sqft | 3 | 3 | 39 | 1 | 0 | 0 |
| $3,888,888 | 2,754 | 0 - 4,500 sqft | 3 | 4 | 113 | 0 | 0 | 315 |