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Santa Monica Market Report

$3,353,097

AVERAGE PRICE OF 362 HOMES

$1,636,500

AVERAGE PRICE OF 4 DISTRESSED HOMES

$4,105,296

AVERAGE PRICE OF 286 MULTI-MILLION DOLLAR HOMES

$8,002,524

AVERAGE PRICE OF 21 NEWLY BUILT HOMES

$6,201,955

AVERAGE PRICE OF 69 HOMES WITH A POOL

$1,896,000

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $3,353,097
Avg Bedrooms 4.27 beds
Avg Bathrooms 4.16 baths

Average Price by Bedrooms

1 bedroom $1,002,707
2 bedrooms $1,596,080
3 bedrooms $2,474,700
4 bedrooms $4,126,552
5 bedrooms $5,882,662
Santa Monica Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 291 338 365 389 390
Average Price $3,024,391 $2,837,573 $2,805,729 $2,812,621 $2,905,563
Avg Price Change +6.58% +1.13% -0.25% -3.30% -1.47%
Median Price $1,796,450 $1,718,681 $1,781,475 $1,905,350 $2,008,063
Med Price Change +4.52% -3.65% -6.95% -5.39% +0.21%
Avg Bedrooms 4.49 beds 4.39 beds 4.3 beds 4.18 beds 4.07 beds
Avg Bathrooms 4.45 baths 4.35 baths 4.21 baths 4.08 baths 3.92 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Santa Monica 3 $1,107,633 468 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 362 $3,353,097 85 days
Distressed Homes 4 $1,636,500 118 days
Multi-Million Dollar Homes 286 $4,105,296 81 days
Newly Built Homes 21 $8,002,524 45 days
Homes with a Pool 69 $6,201,955 82 days
Reduced Price Homes 9 $1,896,000 43 days
JD REALTY
Jim Dutton
310-863-3174
DRE# 00864227

Based on information from California Regional Multiple Listing Service, Inc. as of February 14, 2025. 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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