What’s My Santa Monica Home Worth? How is the Market?

Santa Monica Market Reports, Seller Tips / By /

What’s my Santa Monica home worth is probably on the top of your mind if you intend to sell. If you are thinking of buying a home in Santa Monica you will want to know how the market is. So let’s take a look.

Since even in Santa Monica each area varies in price we will break it down by zip code through the 3rd Qtr. 2016

90401

 

Single Family (This area is the commercial section of Santa Monica, so single family homes are rare).
Sold: 1 at $6,665,000.
Currently Active:  0

Condo
Sold: 28 at a median price of $1,937,500 –  a drop of 37 sales but a 15.64% rise over the same period last year.
Low price $465,000. High price $7,750,000
Currently Active: 9 at a median price of $1,699,000.

90402

Single Family
Sold: 61 at a median price of $3,790,000 – a drop of 5 sales but a 9.06% increase over the same period last year.
Low price $1,575,000. High price $11,000,000
Currently Active:  28 at a median price of $4,465,000

Condo
Sold:  26 at a median price of $1,042,500 – an increase of 4 sales but a 33% drop over the same period last year.
Low price $575,000. High price $4,350,000
Currently Active:  17 at a median price of $2,400,000.

90403


Single Family
Sold: 24 at a median price of $2,910,000 – an increase of 5 sales and 25.84% over the previous year.
Low price $1,855,000. High price $4,618,000.
Currently Active: 6 at a median price of $2,572,000.

Condo
Sold: 105 at a median price of $1,170,000 –  a drop of 31 sales but an 11.43% increase over the previous year.
Low price $567,250. High price $2,840,000.
Currently Active:  35 at a median price of $1,289,000.

90404

Single Family
Sold: 20 at a median price of $1,202,500 – and increase of 8 sales and 9.22% over the same period last year.
Low price $500,o00. High price $1,184,464.
Currently Active:  6 at a median price of $1,570,000.

Condo
Sold:  88 at a median price of $799,499 – an increase of 3 sales and 6.60% over the same period last year.
Low price $359,500.  High price $1,415,000.
Currently Active:  7 at a median price of $649,000.

90405

Single Family
Sold: 79 at a median price of $1,755,000 – a drop of 7 sales but an increase of 3.99% over the same period last year.
Low price $950,000.  High price $5,075,000.
Currently Active 12 at a median price of $1,772,000.

Condo
Sold:  65 at a median price of $905,000 – a drop of 17 sales but an increase of 6.53% over the same period last year.
Low price $375,000.  High price $2,525,000.
Currently Active: 20 at a median price of $1,549,000.

Information taken from the MLS/CLAW deemed reliable but not guaranteed

Overall, the median sold price continues to rise in the Santa Monica real estate market except for condos in the 90402 zip code, where there is a lower concentration of them.

Sales are mostly down or flat with a significant drop in condo sales in zip codes 90401 and 90403.

Now is a good time to consider selling your Santa Monica home. Buyers are looking.

Homes for sale in Santa Monica

Single Family Single Family
Condo Condo
Rental Rental
Land Land
The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
All properties are subject to prior sale, changes, or withdrawal.
This site was last updated Dec-01-2023 5:49:51 am.
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