If you need assistance, please call 310-863-3174

Santa Monica Market Report

$2,907,929

AVERAGE PRICE OF 375 HOMES

$3,600,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$3,652,633

AVERAGE PRICE OF 290 MULTI-MILLION DOLLAR HOMES

$5,060,750

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$3,925,942

AVERAGE PRICE OF 85 HOMES WITH A POOL

$2,002,075

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $2,907,929
Avg Bedrooms 4.18 beds
Avg Bathrooms 4.1 baths

Average Price by Bedrooms

1 bedroom $1,186,913
2 bedrooms $1,665,061
3 bedrooms $2,431,799
4 bedrooms $2,802,117
5 bedrooms $2,619,066
Santa Monica Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 380 338 327 287 268
Average Price $3,064,495 $3,059,273 $3,195,569 $3,027,146 $2,924,475
Avg Price Change +0.17% -4.46% +5.56% +3.51% -3.08%
Median Price $2,170,000 $2,234,857 $2,161,750 $1,977,500 $1,893,000
Med Price Change -2.99% +3.38% +9.32% +4.46% -5.57%
Avg Bedrooms 4.23 beds 4.19 beds 4.3 beds 4.15 beds 4.16 beds
Avg Bathrooms 4.14 baths 4.13 baths 4.26 baths 4.16 baths 4.21 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Santa Monica 8 $1,495,225 185 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 375 $2,907,929 92 days
Distressed Homes 2 $3,600,000 26 days
Multi-Million Dollar Homes 290 $3,652,633 83 days
Newly Built Homes 12 $5,060,750 115 days
Homes with a Pool 85 $3,925,942 111 days
Reduced Price Homes 12 $2,002,075 61 days
JD REALTY
Jim Dutton
310-863-3174
DRE# 00864227

Based on information from California Regional Multiple Listing Service, Inc. as of June 25, 2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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