Santa Monica, is “California’s Most Celebrated Beach City” and one of National Geographic’s “Top 10 Beach Cities in the World” with many award-winning hotels, restaurants and attractions.
There are various distinct neighborhoods (see Santa Monica community information), each with its own unique character, and varied housing affordability. The closer to the ocean and the further north you go, the more expensive it gets. For the purposes of this Santa Monica housing market report the areas will be broken down by zip code.
Santa Monica Single Family Homes
90401 - Downtown Santa Monica
| Sold |
Median |
High |
Low |
Active |
Pending |
| 2 |
$3,537,500 |
$5,825,000 |
$1,250,000 |
3 |
0 |
90402 - which includes the areas of Santa Monica Canyon, North of San Vicente, and North of Montana and the northern part of Ocean Avenue (which includes the luxury condo buildings).
| Sold |
Median |
High |
Low |
Active |
Pending |
| 56 |
$2,487,500 |
$9,400,375 |
$875,000 |
32 |
13 |
90403 – North of Wilshire, parts of Ocean Avenue (also including some of the luxury condo complexes),
| Sold |
Median |
High |
Low |
Active |
Pending |
| 16 |
$1,930,000 |
$4,550,000 |
$650,000 |
8 |
6 |
90404- Mid-City and Sunset Park
| Sold |
Median |
High |
Low |
Active |
Pending |
| 7 |
$580,000 |
$679,000 |
$500,000 |
9 |
3 |
90405 - Pico District and Ocean Park
| Sold |
Median |
High |
Low |
Active |
Pending |
| 43 |
$935,000 |
$3,200,000 |
$600,000 |
21 |
18 |
Santa Monica Condos
90401
| Sold |
Median |
High |
Low |
Active |
Pending |
| 9 |
$580,000 |
$821,000 |
$320,000 |
1 |
3 |
90402
| Sold |
Median |
High |
Low |
Active |
Pending |
| 23 |
$1,160 |
$10,500,000 |
$277,000 |
19 |
6 |
90403
| Sold |
Median |
High |
Low |
Active |
Pending |
| 90 |
$747,500 |
$1,650,000 |
$283,000 |
33 |
31 |
90404
| Sold |
Median |
High |
Low |
Active |
Pending |
| 44 |
$494,500 |
$972,500 |
$255,000 |
21 |
23 |
90405
| Sold |
Median |
High |
Low |
Active |
Pending |
| 39 |
$580,000 |
#,350,000 |
$302,500 |
28 |
28 |
All information provided by MLS/CLAW is deemed accurate but is not guaranteed.
Santa Monica real estate is very much a sellers’ market. Inventory is low, buyers are looking. Santa Monica home sellers, now is a great time to be putting your home on the market.
Homes for Sale in Santa Monica
Buying or Selling Los Angeles Real Estate
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When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.
If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.
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Read more: http://www.homejane.com/santa-monica-half-yearly-housing-market-report-june-2012.html#ixzz1zgMRPIbB
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11 Comments on Santa Monica Real Estate, the Place for Sellers
Hi Jane - I just love Santa Monica - great information here - thank you for sharing and hope you have a good Fourth!
Courtney, thanks for dropping by. No 4th for me. In London.
Wow, I would like to see what else is on the list of the top 10 beaches. Santa Monica does have a lot to offer, including you ;-)
Very good report on the local market. I'm impressed by how clear it is. That grahic at the bottom is really slick. Interactive market reports - wish we had that! Would love to know more about that widget.
Jane - I have always enjoyed spending time in Santa Monica, so I'm not surprised it's a top 10 beach city in the USA! Another excellent real estate report for the Santa Monica area!
Santa Monica looks like a great place to be working in real estate right now! Hope you have a wonderful 4th! K
Jane, very interesting data on your Santa Monica real estate market. It's obvious you take the time to know and understand the nuances of Santa Monica home sales. Great job.
Jane, what a great market report on Santa Monica real estate! Love the interactive map!
Melissa, well thank you kindly :)
Bryan, I think you are referring to my IDX?
Laura, thank you very much.
Kathy, thanks and I hope you had a great 4th. I am in the U.K. so no celebrating here :)
Juli, thanks, as always.
Maria, that is an IDX. Thanks for dropping by.
Jane, who would have thought that Santa Monica was a World Top Ten Beach City? Very interesting! Great market report Jane! You are sooooo Continental! (at least for the day!) ^_~
Bruce, got another few Continental days. Off to Paris.