Let’s check out the Santa Monica housing market so far this year.
Santa Monica Homes Under $2 Million
| Sold | Median | Avg Price Per SF | Sold May | Active | In Escrow | New May | Absorption |
| 63 | $1,200,000 | $659.01 | 11 | 36 | 29 | 9 |
Santa Monica Homes $2 to $5 millionhttps://www.homejane.com/homes-sale-santa-monica-5-m
| Sold | Median | Avg Price Per SF | Sold May | Active | In Escrow | New May | Absorption |
| 31 | $2,717,000 | $847.37 | 8 | 35 | 14 | 11 |
Santa Monica Homes $5 to $10 Million
| Sold | Median | Avg Price Per SF | Sold May | Active | In Escrow | New May | Absorption |
| 5 | $7,400,000 | $897.00 | 2 | 5 | 2 | 1 |
Santa Monica Homes for sale over $10 Million
| Sold | Median | Avg Price Per SF | Sold May | Active | In Escrow | New May | Absorption |
| 0 | 1 | 1 | 0 | ** |
Santa Monica Condos under $2 Million
| Sold | Median | Avg Price Per SF | Sold May | Active | In Escrow | New May | Absorption |
| 155 | $650,000 | $563.50 | 33 | 94 | 97 | 36 |
Santa Monica Condos over $2 Million
| Sold | Median | Avg Price Per SF | Sold May | Active | In Escrow | New May | Absorption |
| 9 | $2,300,000 | $1,170.71 | 5 | 6 | 0 | 0 |
All information provided by MLS/CLAW is deemed accurate but is not guaranteed. Also some listings shown as new may simply be back on the market.
| Sellers’ Market | Buyers’ Market | Stable Market |
| Less than 6 months inventory | More than 6 months inventory |
** Not enough data
Santa Monica shows a healthy market for sellers. Buyers are out there with little new inventory. So, Santa Monica home sellers now would be a great time to put your homes on the market if you have any thoughts of selling.
Homes for Sale in Santa Monica
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