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 Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $532,500 +6.3% $480,000 $501,000 $443,000
2 bedrooms $922,500 +12.0% $763,000 $823,504 $759,000
3 bedrooms $1,099,000 -1.2% $1,275,000 $1,112,500 $885,000
4 bedrooms $1,744,500 -29.9% $1,868,000 $2,490,000 $2,021,500
All properties $972,000 -1.8% $827,500 $990,000 $800,000
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Summary for Santa Monica


The median sales price for homes in Santa Monica CA for Apr 14 to Jul 14 was $972,000. This represents an increase of 17.5%, or $144,500, compared to the prior quarter and a decrease of 1.8% compared to the prior year. Sales prices have appreciated 21.5% over the last 5 years in Santa Monica. The average listing price for Santa Monica homes for sale on Trulia was $2,499,175 for the week ending Jul 23, which represents an increase of 14%, or $307,389, compared to the prior week and an increase of 9.8%, or $223,500, compared to the week ending Jul 02. Average price per square foot for Santa Monica CA was $787, an increase of 3.6% compared to the same period last year. Popular neighborhoods in Santa Monica include North of Montana, Sunpark, Wilshire Montana, Pico, Ocean Park, and Downtown.

Average Listing Price in Santa Monica

 

Santa Monica average property price
Santa Monica – number of properties
No. Bedrooms Week ending
Jul 23
w-o-w Week ending
Jul 16
Week ending
Jul 9
Week ending
Jul 2
1 bedroom $856,545 -1.4% $868,830 $812,765 $906,556
2 bedrooms $1,355,133 -5.2% $1,430,044 $1,469,934 $1,442,887
3 bedrooms $3,207,130 +37.9% $2,325,667 $2,365,953 $2,491,444
4 bedrooms $2,731,759 -5.7% $2,897,462 $3,093,962 $2,808,407
All properties $2,499,175 +14.0% $2,191,786 $2,226,319 $2,275,675
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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 Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $737 -7.4% $729 $796 $634
2 bedrooms $769 +6.4% $696 $723 $654
3 bedrooms $788 +3.7% $877 $760 $586
4 bedrooms $866 +1.8% $925 $851 $661
All properties $787 +3.6% $748 $760 $632
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Popular Neighborhoods in Santa Monica


Neighborhoods Week ending
Jul 23
w-o-w Week ending
Jul 16
Week ending
Jul 9
North of Montana 1 +1 2 2
Sunpark 2 +1 3 4
Wilshire Montana 3 -2 1 1
Pico 4 +1 5 6
Ocean Park 5 -1 4 3
Downtown 6 +1 7 7
Homes for Sale in Santa Monica
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