The average sale price per square foot in Santa Monica is $910, down 5.5% since last year. Santa Monica is a city in California and consists of 7 neighborhoods. The median sale price in Santa Monica … Santa Monica Housing Market Information. My client came in at $30,000 above asking with financing. and Broadway. Santa Monica California Real Estate Market Update and Local Area Information and Resources Santa Monica Real Estate Search. Some of the best neighborhoods in or around Santa Monica, California are Wilshire-Montana, Sunset Park and North of Montana. There are 302 homes for sale, ranging from $449K to $18.5M. Urban. The Santa Monica real estate market remains steady. Homes sell for around list price and go pending in around 44 days. Santa Monica … — most errands can be accomplished on foot. The average price of homes sold in Santa Monica, CA is $ 1,212,500. C. Based on home values, property taxes, housing costs, local schools, and more. During the last 12 months the real estate prices in Los Angeles, Santa Monica City decreased, looking at the past 12 months. NerdWallet analyzed Santa Monica home-buying trends using March 2016 data from real estate site Agent Ace. The Downtown Santa Monica commercial real estate market is located just steps away from the Pier and placed among vibrant shopping locations, such as the Third Street Promenade, a major outdoor pedestrian-only shopping district between Wilshire Blvd. # Active listings 716. 6 months inventory represents a balanced market… From the start of the new year to date, Santa Monica is seeing higher commercial asking rents than it did in the same period in 2015. Many homes get multiple offers, some with waived contingencies. All categories are a healthy sellers' market except in the the over $2M single family niche. Santa Monica, CA hosts 16 public schools rated good and higher by GreatSchools. Rent vs. Own. The median listing price per square foot was $982. Santa Monica's home resale inventories is 160, which decreased 6 percent since December 2021. Seller only countered the top three all-cash offers. Santa Monica, CA Real Estate Trends. Research Santa Monica real estate market trends and find homes for sale. Search All Santa Monica Homes On The Market. Rent. The info on Santa Monica real estate is vast and requires an experienced and knowledgeable real estate agent to charter the ever-changing and unique market. The average sale price of a home in Santa Monica was $1.3M last month, down 21.2% since last year. 15 elementary schools. 90 Day Avg Days On Market. It’s official: The largest multifamily development opportunity in Santa Monica in a generation is now on the market. Many homes get multiple offers, some with waived contingencies. Mid - City is the most affordable neighborhood, with a median listing price of $967K. The median home price for homes in Santa Monica, CA is $1,086,300, which is 165% higher than the California average. See all recently sold homes in Santa Monica. See Homes in Neighborhoods Near Santa Monica, CA. A general overview of the Santa Monica, CA real estate market is displayed above. * School data provided by National Center for Education Statistics, Pitney Bowes, and, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? With premier listings throughout the area, Linda Lackey is the Coldwell Banker Santa Monica real estate agent devoted to helping you find your perfect Santa Monica … Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Santa Monica … Santa Monica Market Reports / By janepeters / March 7, 2016 June 29, 2020 You have probably heard about the severe shortage of inventory in the Los Angeles area and are probably wondering how is the Santa Monica real estate market … Recent Sales 185 Approximately 24.98% of Santa Monica homes are owned, compared to 67.25% rented, while 7.76% are vacant. Homes in Santa Monica, CA sold for 1% below asking price on average in December 2020. As a respected and experienced Realtor, Colin Whelan brings his knowledge to the public in order to empower buyers and sellers of Santa Monica Real Estate. Real Estate Highlights in Santa Monica, CA. On average, homes in Santa Monica, CA sell after 65 days on the market. This means that real estate in the Santa Monica… The median list price of homes in Santa Monica, CA was $1.7M in December 2020, trending down -22.6% year-over-year. Discover the Santa Monica median home price, income, schools, and more. The difference in time spent on the market in Santa Monica… 90 Day Home Inventory. … Own. Santa Monica Real Estate Property Sales. 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