Market Report

Santa Monica, CA 90401

Condos/Townhomes

Chartwell Escrow



Santa Monica, CA 90401

Wed Jul 06 2022
This week the median list price for Santa Monica, CA 90401 is $1,995,000 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has decreased to 9. 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 Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Santa Monica, CA 90401

Wed Jul 06 2022
This week the median list price for Santa Monica, CA 90401 is $1,995,000 with the market action index hovering around 40. This is less than last month's market action index of 42. Inventory has decreased to 9. 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 Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Santa Monica market.
Median List Price $1,995,000
Median Price of New Listings $0
Per Square Foot $1,352
Average Days on Market 83
Median Days on Market 42
Price Decreased 44%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 40
Slight Seller's Advantage

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$3,624,500 1,807 - 2 3 NaN 0 0 42
$2,545,000 1,552 - 2 2.5 NaN 0 0 77
$1,745,000 1,153 - 1 1.5 NaN 0 1 94
$1,099,000 972 0.25 - 0.5 acre 1 1 52 0 1 42