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

Wed Oct 04 2023
This week the median list price for Santa Monica, CA 90401 is $4,750,000 with the market action index hovering around 17. This is about the same as last month's market action index of 17. Inventory has held steady at or around 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

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 90401

Wed Oct 04 2023
This week the median list price for Santa Monica, CA 90401 is $4,750,000 with the market action index hovering around 17. This is about the same as last month's market action index of 17. Inventory has held steady at or around 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

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 $4,750,000
Median Price of New Listings $0
Per Square Foot $1,434
Average Days on Market 406
Median Days on Market 378
Price Decreased 67%
Price Increased 0%
Relisted 67%
Inventory 3
Median Rent
Market Action 17
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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$9,249,000 15,364 6,500 - 8,000 sqft 3 4 NaN 0 0 378
$4,750,000 2,904 0 - 4,500 sqft 4 6 28 0 0 518
$3,950,000 2,754 0 - 4,500 sqft 3 4 111 0 0 322