Market Report

Santa Monica, CA 90401

Single-Family Homes

Chartwell Escrow



Current active inventory in Santa Monica, CA 90401 is very low. Keep this in mind when looking at this report.

Santa Monica, CA 90401

Tue Nov 29 2022
This week the median list price for Santa Monica, CA 90401 is $5,195,000 with the market action index hovering around 21. This is less than last month's market action index of 24. Inventory has increased to 3. 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

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 90401

Tue Nov 29 2022
This week the median list price for Santa Monica, CA 90401 is $5,195,000 with the market action index hovering around 21. This is less than last month's market action index of 24. Inventory has increased to 3. 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

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 $5,195,000
Median Price of New Listings $0
Per Square Foot $1,624
Average Days on Market 98
Median Days on Market 70
Price Decreased 67%
Price Increased 0%
Relisted 67%
Inventory 3
Median Rent
Market Action 21
Slight Buyer's Advantage

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$11,500,000 15,364 6,500 - 8,000 sqft 3 4 NaN 0 0 70
$5,195,000 2,904 0 - 4,500 sqft 4 4 27 0 0 210
$4,475,000 2,754 0 - 4,500 sqft 3 4 110 0 0 14