Chartwell Escrow

Santa Monica, CA

Condos/Townhomes

Active Market Report | Weekly Update



Santa Monica, CA

Wed Jul 30 2025
This week the median list price for Santa Monica, CA is $1,377,500 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 158. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Santa Monica, CA

Wed Jul 30 2025
This week the median list price for Santa Monica, CA is $1,377,500 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 158. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Santa Monica market.
Median List Price $1,377,500
Median Price of New Listings $1,712,000
Per Square Foot $1,016
Average Days on Market 91
Median Days on Market 63
Price Decreased 30%
Price Increased 1%
Relisted 19%
Inventory 158
Median Rent
Market Action 33
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this 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
$2,675,000 1,765 0.25 - 0.5 acre 2 2.5 30 4 3 80
$1,599,000 1,529 0.25 - 0.5 acre 2 2.5 45 4 5 42
$1,195,000 1,276 0.25 - 0.5 acre 2 2 51 1 6 59
$749,000 800 0.25 - 0.5 acre 1 1 56 3 5 70