Santa Monica, CA Home Values & Market Trends
Real estate market trends reflect that there have been 921 transactions over the past year in Santa Monica. The median value for residential home transactions that occurred over the previous year is $1,962,500. The number of current listings in Santa Monica is 909, and the percentage of properties for sale in the city is 909.00%. Santa Monica, CA currently has 19 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 909 properties for sale.
Santa Monica, CA Real Estate Market Overview
Housing Market Summary for Santa Monica, CA
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.7M | $1.7M | -2.89% |
| Median Sold Price | $2M | $1.9M | -2.83% |
| Homes For Sale | 556 | 910 | 63.67% |
| Homes Sold | 504 | 464 | -7.94% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Santa Monica, CA
Browse Homes in Santa Monica, CA
Santa Monica home values range from $388,424 to $23,575,593. The median estimated value of a home in Santa Monica is $1,962,500. The median list price of a home is 1,699,000, and the total count of properties in the city is 1,398.
- Pre-ForeclosurePre-foreclosure homes account for 1.22% of all residential properties in Santa Monica, CA with 90404 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Santa Monica, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $2,500,000 in 90403 to the lowest home value of $448,942 in 90404.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Santa Monica, CA ranges from the highest value of $3,750,000 in 90405 to the lowest value of $3,750,000 in 90405. Bank owned homes and properties account for 0.07% of properties in Santa Monica, CA. There are 5 zips within Santa Monica, CA; 90405 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions90403 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Santa Monica, CA. Auction homes and other auction properties account for 0.07% of all properties in Santa Monica, CA. There are 5 zips within Santa Monica, CA; of those zips, the median estimated home value for homes going to auction ranges from $2,214,218 in 90403 to the lowest value of $2,214,218 in 90403.
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Guide for Santa Monica, CA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
