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Santa Monica

Why you'd want to live in Santa Monica

Incorporated in 1886, the California coastal city of Santa Monica has been renowned as a famed resort town since the early 20th century. Enclosed in an 8.3 square-mile area, the city is pedestrian-friendly, rich with beaches and bike trails, and replete with world-class restaurants and shops. Its location (only eight miles north of Los Angeles International Airport and a short drive from downtown Los Angeles) also makes it accessible by car to virtually every major visitor destination in Southern California. via citytowninfo.com

Santa Monica Market Report

$4,528,607

AVERAGE PRICE OF 142 HOMES

$5,110,985

AVERAGE PRICE OF 123 MULTI-MILLION DOLLAR HOMES

$6,695,188

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$6,636,606

AVERAGE PRICE OF 66 HOMES WITH A POOL

$1,732,000

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $4,528,607
Avg Bedrooms 2.86 beds
Avg Bathrooms 3.25 baths

Average Price by Bedrooms

1 bedroom $1,274,750
2 bedrooms $1,913,612
3 bedrooms $3,560,529
4 bedrooms $6,771,618
5 bedrooms $9,042,083
Santa Monica Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 155 137 154 n/a 178
Average Price $4,092,070 $3,791,838 $3,869,443 n/a $3,732,473
Avg Price Change +7.92% -2.05% n/a n/a +6.32%
Median Price $2,421,536 $2,238,583 $2,136,617 n/a $2,054,267
Med Price Change +8.17% +4.77% n/a n/a +7.83%
Avg Bedrooms 2.98 beds 2.89 beds 2.87 beds n/a 2.78 beds
Avg Bathrooms 3.42 baths 3.34 baths 3.28 baths n/a 3.16 baths
Home Price by House Size
Total Homes Average Price
All Homes 142 $4,528,607
Multi-Million Dollar Homes 123 $5,110,985
Newly Built Homes 8 $6,695,188
Homes with a Pool 66 $6,636,606
Reduced Price Homes 11 $1,732,000
The Alligood Real Estate Group
Trey Alligood
2701 Ocean Park Blvd., Suite 140
Santa Monica, CA
310-876-9699
DRE# 02099406

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