Tracey Velt's Market Report

Santa Monica, CA

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498



Santa Monica, CA

Wed Feb 25 2026
This week the median list price for Santa Monica, CA is $4,322,500 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 58. 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

Santa Monica, CA

Wed Feb 25 2026
This week the median list price for Santa Monica, CA is $4,322,500 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has increased to 58. 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

Real-Time Market Profile

Never miss important changes in the Santa Monica market.
Median List Price $4,322,500
Median Price of New Listings $2,595,000
Per Square Foot $1,739
Average Days on Market 120
Median Days on Market 56
Price Decreased 19%
Price Increased 2%
Relisted 16%
Inventory 58
Median Rent
Market Action 34
Slight Seller's Advantage

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
$13,995,000 6,336 0.25 - 0.5 acre 6 5.5 11 1 1 161
$4,996,000 3,289 6,500 - 8,000 sqft 4 4 70 0 1 21
$3,395,000 2,176 6,500 - 8,000 sqft 3 2 80 1 1 63
$2,222,499 1,535 4,500 - 6,500 sqft 3 2.3 76 4 3 21