Santa Monica Market Trends


Median Sales Price in Santa Monica

 

1 yr 5 yr Max
Santa Monica median sales prices
Number of sold homes in Santa Monica
No. Bedrooms Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $545,000 -0.1% $559,500 $545,500 $437,500
2 bedrooms $1,162,500 +33.8% $935,000 $869,000 $691,000
3 bedrooms $2,096,250 +69.1% $1,467,000 $1,240,000 $1,003,500
4 bedrooms $1,895,000 +3.0% $2,850,000 $1,840,000 $2,130,000
All properties $1,270,000 +39.1% $1,055,000 $913,000 $780,000
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Summary for Santa Monica


The median sales price for homes in Santa Monica CA for Feb 15 to May 15 was $1,270,000. This represents an increase of 20.4%, or $215,000, compared to the prior quarter and an increase of 39.1% compared to the prior year. Sales prices have appreciated 62.8% over the last 5 years in Santa Monica. The average listing price for Santa Monica homes for sale on Trulia was $2,562,182 for the week ending May 27, which represents an increase of 0.2%, or $4,955, compared to the prior week and a decline of 1.6%, or $40,494, compared to the week ending May 06. Average price per square foot for Santa Monica CA was $1,025, an increase of 34.2% compared to the same period last year. Popular neighborhoods in Santa Monica include Wilshire Montana, North of Montana, Ocean Park, Sunpark, Mid-City, and Pico.

Average Listing Price in Santa Monica

 

Santa Monica average property price
Santa Monica – number of properties
No. Bedrooms Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Week ending
May 6
1 bedroom $888,239 -2.9% $914,666 $798,375 $854,473
2 bedrooms $1,854,881 +1.1% $1,834,149 $1,774,174 $1,835,843
3 bedrooms $2,094,666 +5.9% $1,977,287 $2,060,307 $2,097,571
4 bedrooms $4,445,222 +2.3% $4,343,869 $4,457,400 $3,724,304
All properties $2,562,182 +0.2% $2,557,227 $2,513,991 $2,602,676
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Average Price Per Sqft. for Homes in Santa Monica

 

1 yr 5 yr Max
Santa Monica average price per square foot
No. Bedrooms Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $871 +20.0% $798 $726 $633
2 bedrooms $973 +38.0% $949 $705 $627
3 bedrooms $1,241 +39.9% $922 $887 $604
4 bedrooms $1,014 +11.3% $986 $911 $704
All properties $1,025 +34.2% $928 $764 $639
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Popular Neighborhoods in Santa Monica


Neighborhoods Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Wilshire Montana 1 1 1
North of Montana 2 2 2
Ocean Park 3 +1 4 4
Sunpark 4 -1 3 3
Mid-City 5 5 5
Pico 6 6 6
Homes for Sale in Santa Monica
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