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.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|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|
|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.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$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|