Chartwell Escrow
Santa Monica, CA 90401
Condos/Townhomes
Active Market Report | Weekly Update
Santa Monica, CA 90401
Wed Jun 24 2026
This week the median list price for Santa Monica, CA 90401 is $1,872,500 with the market action index hovering around 21. This is an increase over last month's market action index of 18. Inventory has increased to 20.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.
Real-Time Market Profile
| Median List Price | $1,872,500 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $1,333 | |
| Average Days on Market | 128 | |
| Median Days on Market | 70 | |
| Price Decreased | 30% | |
| Price Increased | 0% | |
| Relisted | 15% | |
| Inventory | 20 | |
| Median Rent | ||
| Market Action | 21 | |
| Slight Buyer's Advantage | ||
We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly deviate 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 |
|---|---|---|---|---|---|---|---|---|
| $4,995,000 | 2,000 | - | 2 | 3 | 12 | 0 | 0 | 63 |
| $2,150,000 | 1,460 | - | 2 | 2 | 12 | 0 | 0 | 70 |
| $1,705,000 | 1,370 | 0.5 - 1 acre | 2 | 2 | 12 | 0 | 0 | 84 |
| $1,187,500 | 1,160 | 6,500 - 8,000 sqft | 2 | 2 | 44 | 0 | 1 | 42 |