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 Jan - Apr '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $470,000 -2.7% $497,750 $483,002 $430,000
2 bedrooms $775,000 +11.2% $884,500 $697,000 $740,000
3 bedrooms $1,267,500 -1.9% $1,075,000 $1,292,500 $1,296,500
4 bedrooms $2,523,000 +26.7% $2,658,750 $1,990,750 $2,487,000
All properties $813,500 -5.4% $886,000 $860,000 $735,000
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Summary for Santa Monica


The median sales price for homes in Santa Monica CA for Jan 14 to Apr 14 was $813,500. This represents a decline of 8.2%, or $72,500, compared to the prior quarter and a decrease of 5.4% compared to the prior year. Sales prices have appreciated 10.7% over the last 5 years in Santa Monica. The average listing price for Santa Monica homes for sale on Trulia was $1,962,109 for the week ending Apr 09, which represents an increase of 3.9%, or $72,869, compared to the prior week and a decline of 9.5%, or $206,382, compared to the week ending Mar 19. Average price per square foot for Santa Monica CA was $759, an increase of 6.5% compared to the same period last year. Popular neighborhoods in Santa Monica include Sunpark, North of Montana, Wilshire Montana, Ocean Park, Mid-City, and Northeast.

Average Listing Price in Santa Monica

 

Santa Monica average property price
Santa Monica – number of properties
No. Bedrooms Week ending
Apr 9
w-o-w Week ending
Apr 2
Week ending
Mar 26
Week ending
Mar 19
1 bedroom $612,471 +0.5% $609,422 $678,840 $755,322
2 bedrooms $1,392,535 +10.2% $1,263,474 $1,285,442 $1,294,570
3 bedrooms $2,202,590 +0.6% $2,189,636 $2,155,892 $2,016,946
4 bedrooms $2,382,913 -6.9% $2,559,080 $2,485,905 $2,743,480
All properties $1,962,109 +3.9% $1,889,240 $1,892,493 $2,168,491
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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 Jan - Apr '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $757 +5.0% $687 $721 $629
2 bedrooms $697 +11.7% $751 $624 $591
3 bedrooms $854 +12.1% $774 $762 $752
4 bedrooms $989 +23.0% $869 $804 $788
All properties $759 +6.5% $774 $713 $639
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Popular Neighborhoods in Santa Monica


Neighborhoods Week ending
Apr 9
w-o-w Week ending
Apr 2
Week ending
Mar 26
Sunpark 1 +1 2 3
North of Montana 2 +1 3 2
Wilshire Montana 3 -2 1 1
Ocean Park 4 4 4
Mid-City 5 5 5
Northeast 6 +1 7 8
Homes for Sale in Santa Monica
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