Market Report
Santa Monica, CA 90401
Single-Family Homes
Chartwell Escrow
Santa Monica, CA 90401
Fri May 09 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 held steady at or around 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 | $0 | |
| Per Square Foot | $1,481 | |
| Average Days on Market | 173 | |
| Median Days on Market | 91 | |
| Price Decreased | 0% | |
| Price Increased | 33% | |
| Relisted | 0% | |
| Inventory | 3 | |
| Median Rent | ||
| Market Action | 18 | |
| Slight Buyer's Advantage | ||
Despite this week's down tic, price trends in this zip code have generally been moving up lately. We are below the market's high point, and we'll investigate the Market Action Index later on to see if we expect this week's blip to become a downward trend.
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 | 91 |
| $10,000,000 | 15,364 | 6,500 - 8,000 sqft | 3 | 3 | 39 | 0 | 0 | 56 |
| $4,080,000 | 2,754 | 0 - 4,500 sqft | 3 | 4 | 113 | 0 | 0 | 371 |