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Santa Monica Market Report

$3,043,915

AVERAGE PRICE OF 397 HOMES

$2,299,999

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,760,278

AVERAGE PRICE OF 307 MULTI-MILLION DOLLAR HOMES

$5,136,380

AVERAGE PRICE OF 29 NEWLY BUILT HOMES

$6,611,815

AVERAGE PRICE OF 66 HOMES WITH A POOL

$2,575,912

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $3,043,915
Avg Bedrooms 2.38 beds
Avg Bathrooms 2.61 baths

Average Price by Bedrooms

1 bedroom $955,428
2 bedrooms $1,597,230
3 bedrooms $2,597,417
4 bedrooms $3,789,871
5 bedrooms $5,193,732
Santa Monica Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 400 392 386 397 393
Average Price $3,173,642 $3,199,556 $2,994,934 $2,604,614 $2,694,295
Avg Price Change -0.82% +6.83% +14.99% -3.44% -1.33%
Median Price $2,098,283 $2,078,382 $1,966,250 $1,857,074 $1,838,650
Med Price Change +0.96% +5.70% +5.88% +1.00% +2.14%
Avg Bedrooms 2.52 beds 2.6 beds 2.53 beds 2.5 beds 2.53 beds
Avg Bathrooms 2.73 baths 2.8 baths 2.75 baths 2.67 baths 2.67 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Santa Monica 4 $1,485,750 99 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 397 $3,043,915 64 days
Distressed Homes 1 $2,299,999 7 days
Multi-Million Dollar Homes 307 $3,760,278 65 days
Newly Built Homes 29 $5,136,380 87 days
Homes with a Pool 66 $6,611,815 76 days
Reduced Price Homes 14 $2,575,912 42 days
Based on information from California Regional Multiple Listing Service, Inc. as of September 24, 2021. 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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