Chartwell Escrow
Santa Monica, CA 90402
Single-Family Homes
Active Market Report | Weekly Update
Santa Monica, CA 90402
Sun Sep 20 2026
This week the median list price for Santa Monica, CA 90402 is $7,495,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 38.
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
| Median List Price | $7,495,000 | |
| Median Price of New Listings | $7,495,000 | |
| Per Square Foot | $1,927 | |
| Average Days on Market | 135 | |
| Median Days on Market | 91 | |
| Price Decreased | 16% | |
| Price Increased | 0% | |
| Relisted | 24% | |
| Inventory | 38 | |
| Median Rent | ||
| Market Action | 35 | |
| Slight Seller's Advantage | ||
Despite this week’s down tic, price trends in this zip code have generally been moving up lately. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward trend.
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 |
|---|---|---|---|---|---|---|---|---|
| $13,747,000 | 6,924 | 0.25 - 0.5 acre | 6 | 7 | 9 | 0 | 0 | 119 |
| $7,999,000 | 4,700 | 8,000 - 10,000 sqft | 5 | 4.5 | 8 | 3 | 0 | 49 |
| $6,824,000 | 3,496 | 6,500 - 8,000 sqft | 4 | 4.3 | 82 | 2 | 0 | 73 |
| $3,775,000 | 2,273 | 8,000 - 10,000 sqft | 3 | 2.5 | 63 | 0 | 1 | 112 |