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Santa Monica, CA Market Statistics and Real Estate Trends

Santa Monica, CA November 1, 2009 - Santa Monica's home resale inventories decreased, with a 10 percent decreased since October 2009. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in November. The median listing price in Santa Monica went down from October to November. There were a total of 5 price increases and 62 price decreases.

Santa Monica, CA Market Snapshots *

 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory222244 10%305 37%290 31%-
Median List Price$995,000$1,075,000 8%$1,110,000 12%$1,098,000 10%-
  % Distressed 
3%5%---
Median Days
on Market
7084 20%75 7%78 11%-
Median House Size14691527 4%---
Median Price
Per Sq. Ft.
$670$660 -1%$626 -7%$630 -6%-
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory8097 21%131 64%111 39%-
Median List Price$1,699,000$1,695,000---
  % Distressed 
2%4%---
Median Days
on Market
7484 14%---
Median House Size19022037 7%---
Median Price
Per Sq. Ft.
$795$791 -1%---
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory142147 4%174 23%179 26%-
Median List Price$809,000$819,000 1%---
  % Distressed 
4%5%---
Median Days
on Market
6978 13%---
Median House Size13961441 3%---
Median Price
Per Sq. Ft.
$613$618 1%---

Santa Monica, CA Market Data Chart *

 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-6263526767626980952724
Number of
New Listings
-87967489982120121032
Listings
Sold/Expired
-11210111610911110994100822738
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-192522273127303237139
Number of
New Listings
-343331334087741-
Listings
Sold/Expired
-3948494441413739261117
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-4338304036353948581415
Number of
New Listings
-536343565813135622
Listings
Sold/Expired
-7353676570685761561621
* Historical data may be incomplete in some areas.

Santa Monica, CA Market Data Graphs

Median List Price
Inventory
Price Changes

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More Content on Movoto

Most Expensive Listing

136 Georgina Ave, Santa Monica - 6 Beds, 7 Baths, $8,500,000
House Image Not Available
details
Timeless Villa constructed with the highest level of taste, style, elegance, and sophistication. Highlights include: 2 story entry hall, library, formal living room, formal dining room, kitchen w/ Poggenpohl cabinetry, and massive family lounge. Upstairs includes 4 oversized suites, 2200sf Master Suite with ocean views, spa bath, his & hers closets, and gym. Outside: huge entertaining loggia, mosaic pool/spa, waterfall, manicured grounds, 1 bd/1 
Read More

Least Expensive Listing

924 5th St #2, Santa Monica - 1 Beds, 1 Baths, $264,900
House Image Not Available
details
Under Market Value! Great 1 bd + 1 ba condo in one of the best areas in Santa Monica. Tall palm trees line this sought after street just 1 block from trendy Montana Ave. and just a few blocks from the beach. Clean, bright and quiet unit in a secured building with gated parking and rooftop sun-deck. The unit is tenant occupied with a month-to-month tenancy under TORCA condo conversion regulations. Being sold subject to existing rent controlle 
Read More

Highest Square Footage

136 Georgina Ave, Santa Monica - 6 Beds, 7 Baths, $8,500,000
House Image Not Available
details
Timeless Villa constructed with the highest level of taste, style, elegance, and sophistication. Highlights include: 2 story entry hall, library, formal living room, formal dining room, kitchen w/ Poggenpohl cabinetry, and massive family lounge. Upstairs includes 4 oversized suites, 2200sf Master Suite with ocean views, spa bath, his & hers closets, and gym. Outside: huge entertaining loggia, mosaic pool/spa, waterfall, manicured grounds, 1 bd/1 
Read More
Santa Monica, California real estate market statistics are calculated by Movoto every day from various sources. Learn about the housing trends and current inventory in Santa Monica, CA. We have statistics on house characteristics such as the median, minimum, and maximum numbers of bedrooms, bathrooms, and garage parking spaces in Santa Monica, CA. Additionally, various price per square foot values are calculated to help you get a feel for how much house you get for the money in Santa Monica. Although we tried to make sure the statistics are accurate, it is sometimes hard to have them absolutely correct, so please consult your real estate agent or a Movoto-Certified Agent to confirm the statistics. You can also read about 90401 neighborhood information, 90402 neighborhood information, 90403 neighborhood information, 90404 neighborhood information, 90405 neighborhood information and demographics, find a Santa Monica top rated agent, and learn about Santa Monica schools. Movoto is your comprehensive source for Santa Monica property information and Santa Monica homes for sale.

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Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.