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Santa Monica Home Values and Market Report

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Report prepared by Michaelschafferrealestate.com Compass

Market at a glance

Over the last 12 months, homes sold for 97.2% of list price in 50 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $3.81M Sold · $3.68M
$4.1M$3.4M$2.7M$2M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 56 sales in May. Last month: 48.

Where the market stands

All homes in this report, by status.

890homes
Active268 · 30%
Under contract45 · 5%
Sold (12 mo)577 · 65%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$3.49M
Under contract$2.78M
Sold$2.85M

Average days on market

Active89 days
Under contract58 days
Sold50 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 268
Average list price $3,490,141
Avg. days on market 89 days
Avg. price per ft² $1,179
Avg. living area 3,060 ft²
Avg. beds / baths 4.3 / 4.3

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

5 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$15M$10M$5M$0

Price vs. living area: 241 homes plotted, up to $15M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

8 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

859 Woodacres Rd$5,637
547 Palisades Beach Rd$3,398
101 California Ave Unit PH$3,229
506 Georgina Ave$2,999
624 23rd St$2,933
1044 Chelsea Ave$2,547
445 17th St$2,456

All active listings (268)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
937 5th St Unit 8Santa Monica, CA 90403 11631$625,000$9900 days
2121 Virginia Ave Unit 111Santa Monica, CA 90404 332,099$1,985,000$9452 days
1117 12th StSanta Monica, CA 90403 17149,636$3,995,000$4143 days
1754 15th StSanta Monica, CA 90404 1265,408$2,199,000$4064 days
2803 Main StSanta Monica, CA 90405 —11,928$2,695,000$1,3974 days
1105 Idaho Ave Unit 101Santa Monica, CA 90403 331,842$1,995,000$1,0834 days
1518 Yale St Unit 6Santa Monica, CA 90404 21847$675,000$7965 days
1518 Yale St Unit 5Santa Monica, CA 90404 11722$479,000$6635 days
3101 5th St Unit 14Santa Monica, CA 90405 121,086$699,000$6435 days
430 Mesa RdSanta Monica, CA 90402 433,500$4,995,000$1,4275 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Michaelschafferrealestate.com Compass

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The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).