The Santa Monica, CA housing market is a buyer's market, scoring 37 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 364 homes for sale and 5.1 months of supply. Homes in Santa Monica, CA sold for a median of $2,177,500, down 3.2% from the prior month, or $1,124 per square foot. The typical home goes under contract in 53 days, sales close at 99.8% of asking price and 36.7% of homes sell above list. 25.5% of active Santa Monica, CA listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-08-25 and are based on 72 recorded sales and 364 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 201 Ocean Ave Unit 1105B, Santa Monica | 1/868 | $765,000 | 2026-08-25 |
| 915 12th St Apt 2, Santa Monica | 2/1,641 | $1,760,000 | 2026-08-24 |
| 913 Euclid St Apt 5, Santa Monica | 3/1,612 | $1,800,000 | 2026-08-24 |
| 2411 20th St, Santa Monica | 8/4,912 | $2,170,000 | 2026-08-24 |
| 930 California Ave Unit 201, Santa Monica | 2/1,476 | $1,410,000 | 2026-08-21 |
| 1338 Harvard St Apt C, Santa Monica | 3/1,598 | $1,155,000 | 2026-08-21 |
| 2811 Arizona Ave Apt 4, Santa Monica | 2/1,705 | $1,462,310 | 2026-08-21 |
| 1021 12th St Apt 102, Santa Monica | 2/1,337 | $752,000 | 2026-08-21 |
Santa Monica, CA is currently a buyer's market, at 37 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 5.1 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Santa Monica, CA sold for $2,177,500 over the last 30 days. That is down 3.2% from the month before.
Homes in Santa Monica, CA take a median of 53 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 53 days is worth a second look on price.
Homes in Santa Monica, CA close at a median of 99.8% of their asking price, and 36.7% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 364 homes actively for sale in Santa Monica, CA, about 5.1 months of supply at the current sales pace.