Market Report

Santa Monica, CA 90403

Single-Family Homes

Chartwell Escrow



Santa Monica, CA 90403

Thu Feb 13 2025
This week the median list price for Santa Monica, CA 90403 is $4,750,000 with the market action index hovering around 41. This is an increase over last month's market action index of 32. Inventory has decreased to 9. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Santa Monica, CA 90403

Thu Feb 13 2025
This week the median list price for Santa Monica, CA 90403 is $4,750,000 with the market action index hovering around 41. This is an increase over last month's market action index of 32. Inventory has decreased to 9. 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Santa Monica market.
Median List Price $4,750,000
Median Price of New Listings $4,895,000
Per Square Foot $1,609
Average Days on Market 97
Median Days on Market 77
Price Decreased 44%
Price Increased 0%
Relisted 22%
Inventory 9
Median Rent
Market Action 41
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$13,795,000 5,683 6,500 - 8,000 sqft 5 6 7 1 0 70
$5,722,500 4,333 8,000 - 10,000 sqft 5 5 55 0 0 122
$4,572,500 4,455 8,000 - 10,000 sqft 4 3.8 21 0 0 192
$2,195,000 1,516 4,500 - 6,500 sqft 2 2 97 1 0 14