Chartwell Escrow
Santa Monica, CA 90401
Condos/Townhomes
Active Market Report | Weekly Update
Santa Monica, CA 90401
Tue Sep 15 2026
This week the median list price for Santa Monica, CA 90401 is $1,699,000 with the market action index hovering around 22. This is about the same as last month's market action index of 22. Inventory has decreased to 19.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $1,699,000 | |
| Median Price of New Listings | $1,495,000 | |
| Per Square Foot | $1,240 | |
| Average Days on Market | 157 | |
| Median Days on Market | 105 | |
| Price Decreased | 26% | |
| Price Increased | 0% | |
| Relisted | 5% | |
| Inventory | 19 | |
| Median Rent | ||
| Market Action | 22 | |
| Slight Buyer's Advantage | ||
Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,749,000 | 1,660 | 1 - 2.5 acres | 2 | 2 | 12 | 0 | 0 | 70 |
| $1,750,000 | 1,400 | - | 2 | 2 | 12 | 0 | 0 | 154 |
| $1,374,000 | 1,380 | 6,500 - 8,000 sqft | 1 | 2 | 18 | 1 | 0 | 91 |
| $1,012,000 | 1,089 | 0 - 4,500 sqft | 1 | 2 | 32 | 0 | 0 | 217 |