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Santa Monica Market Report

$2,879,281

AVERAGE PRICE OF 313 HOMES

$3,541,527

AVERAGE PRICE OF 238 MULTI-MILLION DOLLAR HOMES

$4,190,063

AVERAGE PRICE OF 16 NEWLY BUILT HOMES

$6,111,980

AVERAGE PRICE OF 61 HOMES WITH A POOL

$1,138,129

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $2,879,281
Avg Bedrooms 2.77 beds
Avg Bathrooms 2.91 baths

Average Price by Bedrooms

1 bedroom $811,716
2 bedrooms $1,550,061
3 bedrooms $2,715,696
4 bedrooms $3,750,072
5 bedrooms $7,727,000
Santa Monica Home Price Trends
  1/2021 12/2020 11/2020 10/2020 9/2020
Total Listings 261 324 373 373 353
Average Price $2,559,437 $2,453,421 $2,386,156 $2,345,607 $2,426,239
Avg Price Change +4.32% +2.82% +1.73% -3.44% -3.22%
Median Price $1,693,400 $1,632,483 $1,559,800 $1,619,672 $1,688,667
Med Price Change +3.73% +4.66% -3.84% -4.26% -1.03%
Avg Bedrooms 2.71 beds 2.7 beds 2.61 beds 2.63 beds 2.73 beds
Avg Bathrooms 2.83 baths 2.85 baths 2.79 baths 2.78 baths 2.88 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Sanmon 8 $2,149,125 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 313 $2,879,281 84 days
Multi-Million Dollar Homes 238 $3,541,527 88 days
Newly Built Homes 16 $4,190,063 125 days
Homes with a Pool 61 $6,111,980 78 days
Reduced Price Homes 7 $1,138,129 51 days
Based on information from California Regional Multiple Listing Service, Inc. as of February 26, 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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