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Santa Monica Market Report

$2,862,399

AVERAGE PRICE OF 191 HOMES

$3,294,024

AVERAGE PRICE OF 158 MULTI-MILLION DOLLAR HOMES

$4,644,200

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$4,240,855

AVERAGE PRICE OF 62 HOMES WITH A POOL

$1,597,250

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $2,862,399
Avg Bedrooms 2.7 beds
Avg Bathrooms 2.96 baths

Average Price by Bedrooms

1 bedroom $1,036,450
2 bedrooms $1,714,473
3 bedrooms $3,167,977
4 bedrooms $4,535,334
5 bedrooms $5,510,923
Santa Monica Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 153 162 202 200 194
Average Price $2,768,096 $2,585,556 $2,548,909 $2,516,977 $2,600,984
Avg Price Change +7.06% +1.44% +1.27% -3.34% -1.62%
Median Price $1,954,883 $1,910,354 $1,782,450 $1,762,817 $1,799,317
Med Price Change +2.33% +7.18% +1.11% -2.07% -2.22%
Avg Bedrooms 2.68 beds 2.67 beds 2.64 beds 2.7 beds 2.71 beds
Avg Bathrooms 2.89 baths 2.81 baths 2.75 baths 2.79 baths 2.81 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Check With City 14 $3,227,286 74 days
Samohi 8 $2,381,625 104 days
Santa Monica 6 $3,760,500 36 days
Santa Monica High 6 $2,489,667 89 days
Santa Monica High School 8 $5,040,000 71 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 191 $2,862,399 63 days
Multi-Million Dollar Homes 158 $3,294,024 66 days
Newly Built Homes 10 $4,644,200 52 days
Homes with a Pool 62 $4,240,855 63 days
Reduced Price Homes 4 $1,597,250 79 days
Douglas Elliman
Erik Brown
9470 Wilshire Blvd
Los Angeles, 90212
424-239-6519
License 01958545

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