Santa Monica Real Estate Market

Santa Monica Market

The median sale price for homes in Santa Monica over the last 12 months is $780,000.


The median mortgage debt is $194,513.

Additional Statistics for Single Family Homes and Condos in Santa Monica, CA
$1,339,400
Median Listing Price
65
Median Days on Market
160
Active Listings
12.5%
Distressed Listings
(foreclosures and short sales)
Santa Monica, CA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Santa Monica is $2,195,000. The list prices increased by 2.33% from the previous month.

The median sale price in December for single family homes is $1,794,500. The sale prices increased by 12.15% from the previous month.

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Santa Monica, CA Market Inventory Trends

The number of active listings in Santa Monica increased by 3% from the previous month.

The median number of days active properties have been listed is 49. This is significantly shorter than the national average.

The number of sales in December dropped by 61.9% from the previous month.

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Santa Monica, CA Property Ownership

The percent of owner occupied properties in Santa Monica is 36.41% below the national average.

The percent of rental properties in Santa Monica is 45.15% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.