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

Santa Monica Market Report

$3,396,822

AVERAGE PRICE OF 284 HOMES

$4,578,600

AVERAGE PRICE OF 205 MULTI-MILLION DOLLAR HOMES

$5,953,945

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$4,818,870

AVERAGE PRICE OF 85 HOMES WITH A POOL

$2,254,000

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $3,396,822
Avg Bedrooms 3.5 beds
Avg Bathrooms 3.6 baths

Average Price by Bedrooms

1 bedroom $1,130,170
2 bedrooms $1,592,270
3 bedrooms $2,771,926
4 bedrooms $3,907,016
5 bedrooms $5,061,852
Santa Monica Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 288 259 286 n/a 318
Average Price $3,286,261 $3,014,182 $3,151,401 n/a $3,254,566
Avg Price Change +9.03% -4.55% n/a n/a +4.56%
Median Price $2,078,786 $1,895,333 $1,989,733 n/a $2,000,667
Med Price Change +9.68% -4.98% n/a n/a +4.13%
Avg Bedrooms 3.95 beds 3.79 beds 3.65 beds n/a 3.22 beds
Avg Bathrooms 4.16 baths 4.03 baths 3.86 baths n/a 3.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Santa Monica 11 $1,806,545 128 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 284 $3,396,822 99 days
Multi-Million Dollar Homes 205 $4,578,600 90 days
Newly Built Homes 9 $5,953,945 134 days
Homes with a Pool 85 $4,818,870 93 days
Reduced Price Homes 12 $2,254,000 83 days
JD REALTY
Jim Dutton
310-863-3174
DRE# 00864227

Fair Housing/Equal Opportunity
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Based on information from California Regional Multiple Listing Service, Inc. as of March 21, 2023. 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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