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 Jul - Oct '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $535,500 +5.7% $530,000 $506,500 $392,000
2 bedrooms $900,000 +5.0% $911,000 $857,000 $711,000
3 bedrooms $1,268,000 -6.4% $1,220,000 $1,355,000 $1,025,000
4 bedrooms $2,093,500 +0.3% $1,744,500 $2,088,000 $2,200,000
All properties $1,010,000 +3.4% $969,000 $977,000 $819,000
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Summary for Santa Monica


The median sales price for homes in Santa Monica CA for Jul 14 to Oct 14 was $1,010,000. This represents an increase of 4.2%, or $41,000, compared to the prior quarter and an increase of 3.4% compared to the prior year. Sales prices have appreciated 23.3% over the last 5 years in Santa Monica. The average listing price for Santa Monica homes for sale on Trulia was $2,268,934 for the week ending Oct 22, which represents a decline of 9.6%, or $240,728, compared to the prior week and a decline of 8.2%, or $201,561, compared to the week ending Oct 01. Average price per square foot for Santa Monica CA was $839, an increase of 5.5% compared to the same period last year. Popular neighborhoods in Santa Monica include Sunpark, North of Montana, Wilshire Montana, Ocean Park, Pico, and Mid-City.

Average Listing Price in Santa Monica

 

Santa Monica average property price
Santa Monica – number of properties
No. Bedrooms Week ending
Oct 22
w-o-w Week ending
Oct 15
Week ending
Oct 8
Week ending
Oct 1
1 bedroom $860,401 -5.1% $906,672 $845,367 $879,309
2 bedrooms $1,367,990 -23.0% $1,776,789 $1,561,961 $1,841,051
3 bedrooms $2,418,948 -21.3% $3,074,924 $2,321,387 $3,040,756
4 bedrooms $2,986,500 -3.6% $3,096,800 $3,064,923 $2,961,542
All properties $2,268,934 -9.6% $2,509,662 $2,261,808 $2,470,495
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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 Jul - Oct '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $856 +4.5% $738 $819 $600
2 bedrooms $813 +9.7% $756 $741 $610
3 bedrooms $833 +0.4% $796 $830 $630
4 bedrooms $829 -11.7% $892 $939 $704
All properties $839 +5.5% $787 $795 $618
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Popular Neighborhoods in Santa Monica


Neighborhoods Week ending
Oct 22
w-o-w Week ending
Oct 15
Week ending
Oct 8
Sunpark 1 1 1
North of Montana 2 2 2
Wilshire Montana 3 3 3
Ocean Park 4 4 4
Pico 5 +1 6 6
Mid-City 6 -1 5 5
Homes for Sale in Santa Monica
View all Santa Monica Homes for Sale