Kate Bransfield's Market Report

Santa Monica, CA 90402

Single-Family Homes

CalRE #01218699 | Coldwell Banker Realty | 310.395.1133



Santa Monica, CA 90402

Sun Sep 13 2026
This week the median list price for Santa Monica, CA 90402 is $7,947,500 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has decreased to 30. 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

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Santa Monica, CA 90402

Sun Sep 13 2026
This week the median list price for Santa Monica, CA 90402 is $7,947,500 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has decreased to 30. 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

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Santa Monica market.
Median List Price $7,947,500
Median Price of New Listings $6,228,500
Per Square Foot $1,933
Average Days on Market 143
Median Days on Market 84
Price Decreased 13%
Price Increased 0%
Relisted 17%
Inventory 30
Median Rent
Market Action 34
Slight Seller's Advantage

Prices in this zip code hit another all time high this week. You can see that prices continue to march higher. Look for a persistent downtrend in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength finally abating.

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
$15,247,000 7,272 8,000 - 10,000 sqft 6 7 6 0 0 115
$7,999,999 4,945 8,000 - 10,000 sqft 5 5.5 28 2 0 84
$6,824,000 3,187 8,000 - 10,000 sqft 4 3.5 67 0 1 91
$3,775,000 2,538 4,500 - 6,500 sqft 3 2 53 2 1 77