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 369 homes for sale and 5.0 months of supply. Homes in Santa Monica, CA sold for a median of $1,727,550, down 24.3% from the prior month, or $1,099 per square foot. The average sale price in Santa Monica, CA was $2,618,000, above the median because a few high-priced homes pull the average up. The typical home goes under contract in 54 days, sales close at 99.8% of asking price and 31.7% of homes sell above list. 22.0% 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 2026-10-06 and are based on 74 recorded sales and 369 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 1018 4th St Unit 103, Santa Monica | 2/940 | $1,037,000 | 2026-10-06 |
| 1317 12th St Apt 1, Santa Monica | 3/1,158 | $940,000 | 2026-10-05 |
| 922 Berkeley St, Santa Monica | 4/3,007 | $4,995,000 | 2026-10-05 |
| 201 Ocean Ave Unit 1910B, Santa Monica | 2/1,216 | $1,400,000 | 2026-10-02 |
| 1518 12th St, Santa Monica | 32/14,840 | $4,800,000 | 2026-10-02 |
| 2930 Neilson Way Unit 505, Santa Monica | 2/1,426 | $1,675,000 | 2026-10-02 |
| 713 Bay St, Santa Monica | 4/1,865 | $2,897,713 | 2026-10-02 |
| 1755 Ocean Ave Apt 603, Santa Monica | 2/2,100 | $3,825,000 | 2026-10-01 |
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 5.0 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Santa Monica, CA sold for $1,727,550 over the last 30 days. That is down 24.3% from the month before.
The average sale price in Santa Monica, CA was $2,618,000, above the median because a few high-priced homes pull the average up. The median ($1,727,550) is the middle sale, so it better reflects a typical home; the average is the total of all prices divided by the number of sales.
Homes in Santa Monica, CA take a median of 54 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 54 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 31.7% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 369 homes actively for sale in Santa Monica, CA, about 5.0 months of supply at the current sales pace.