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Santa Monica Market Report

$3,005,395

AVERAGE PRICE OF 234 HOMES

$1,075,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$3,385,019

AVERAGE PRICE OF 200 MULTI-MILLION DOLLAR HOMES

$6,982,000

AVERAGE PRICE OF 12 NEWLY BUILT HOMES

$4,314,130

AVERAGE PRICE OF 76 HOMES WITH A POOL

$3,180,720

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $3,005,395
Avg Bedrooms 2.92 beds
Avg Bathrooms 3.2 baths

Average Price by Bedrooms

1 bedroom $1,007,240
2 bedrooms $1,685,499
3 bedrooms $2,741,167
4 bedrooms $3,891,750
5 bedrooms $6,021,731
Santa Monica Home Price Trends
  6/2019 5/2019 4/2019 3/2019 2/2019
Total Listings 220 218 193 192 183
Average Price $2,959,612 $2,834,244 $2,888,709 $2,875,570 $2,808,050
Avg Price Change +4.42% -1.92% +0.46% +2.40% +1.44%
Median Price $1,937,133 $1,863,550 $1,889,817 $1,876,121 $1,885,385
Med Price Change +3.95% -1.41% +0.73% -0.49% -3.69%
Avg Bedrooms 2.92 beds 2.79 beds 2.83 beds 2.74 beds 2.65 beds
Avg Bathrooms 3.18 baths 3.01 baths 3.09 baths 3 baths 2.91 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Check W/City 5 $3,439,000 44 days
Check With City 8 $3,273,625 63 days
Samohi 7 $4,088,143 81 days
Santa Monica 17 $4,367,405 42 days
Santa Monica High School 7 $1,681,857 47 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 234 $3,005,395 58 days
Distressed Homes 1 $1,075,000 9 days
Multi-Million Dollar Homes 200 $3,385,019 58 days
Newly Built Homes 12 $6,982,000 34 days
Homes with a Pool 76 $4,314,130 63 days
Reduced Price Homes 11 $3,180,720 62 days
Douglas Elliman
Erik Brown
9470 Wilshire Blvd
Los Angeles, 90212
424-239-6519
License 01958545

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