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 Sep - Dec '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $520,000 +6.0% $517,500 $490,502 $438,000
2 bedrooms $850,000 -4.0% $900,000 $885,000 $745,000
3 bedrooms $1,250,000 -0.8% $1,310,000 $1,260,000 $911,750
4 bedrooms $2,505,000 +12.6% $2,160,000 $2,225,000 $2,149,000
All properties $996,500 +7.7% $1,025,000 $925,000 $826,500
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Summary for Santa Monica


The median sales price for homes in Santa Monica CA for Sep 14 to Dec 14 was $996,500. This represents a decline of 2.8%, or $28,500, compared to the prior quarter and an increase of 7.7% compared to the prior year. Sales prices have appreciated 20.6% over the last 5 years in Santa Monica. The average listing price for Santa Monica homes for sale on Trulia was $2,480,900 for the week ending Dec 17, which represents an increase of 6.9%, or $159,491, compared to the prior week and an increase of 1.8%, or $43,488, compared to the week ending Nov 26. Average price per square foot for Santa Monica CA was $905, an increase of 11.7% compared to the same period last year. Popular neighborhoods in Santa Monica include North of Montana, Wilshire Montana, Sunpark, Mid-City, Pico, and Ocean Park.

Average Listing Price in Santa Monica

 

Santa Monica average property price
Santa Monica – number of properties
No. Bedrooms Week ending
Dec 17
w-o-w Week ending
Dec 10
Week ending
Dec 3
Week ending
Nov 26
1 bedroom $940,589 +7.5% $874,712 $847,776 $833,983
2 bedrooms $1,401,971 +10.1% $1,273,615 $1,378,903 $1,343,957
3 bedrooms $2,455,436 +16.4% $2,110,167 $2,214,592 $2,099,298
4 bedrooms $3,402,409 +5.1% $3,237,950 $3,208,261 $3,376,680
All properties $2,480,900 +6.9% $2,321,409 $2,465,299 $2,437,412
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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 Sep - Dec '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $816 +14.8% $748 $711 $674
2 bedrooms $793 -0.9% $798 $800 $603
3 bedrooms $996 +19.9% $795 $831 $604
4 bedrooms $1,058 +31.3% $877 $806 $626
All properties $905 +11.7% $805 $810 $610
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Popular Neighborhoods in Santa Monica


Neighborhoods Week ending
Dec 17
w-o-w Week ending
Dec 10
Week ending
Dec 3
North of Montana 1 1 1
Wilshire Montana 2 2 3
Sunpark 3 3 2
Mid-City 4 +1 5 5
Pico 5 +1 6 6
Ocean Park 6 -2 4 4
Homes for Sale in Santa Monica
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