Kate Bransfield's Market Report

Santa Monica, CA 90402

Single-Family Homes

CalRE #01218699 | Coldwell Banker Realty | 310.395.1133



Santa Monica, CA 90402

Thu Oct 29 2026
This week the median list price for Santa Monica, CA 90402 is $6,960,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 44. 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

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.

Santa Monica, CA 90402

Thu Oct 29 2026
This week the median list price for Santa Monica, CA 90402 is $6,960,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 44. 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

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

Never miss important changes in the Santa Monica market.
Median List Price $6,960,000
Median Price of New Listings $5,812,499
Per Square Foot $1,867
Average Days on Market 133
Median Days on Market 74
Price Decreased 20%
Price Increased 0%
Relisted 20%
Inventory 44
Median Rent
Market Action 32
Slight Seller'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
$13,998,000 6,000 8,000 - 10,000 sqft 6 6 10 0 0 133
$7,900,000 4,700 8,000 - 10,000 sqft 5 5 22 1 1 35
$5,950,000 3,691 6,500 - 8,000 sqft 5 4 85 0 1 91
$3,775,000 2,148 8,000 - 10,000 sqft 3 3 79 1 1 42