Santa Monica Real Estate Market Trends

Market Overview for Quarter 4, 2023


Median Sale Price

$1.7M

9.4% YoY


Median Price/Sqft

$1K

4.4% YoY


No. of Transactions

109

-16.2% YoY


County Median Sale Price

$833K

5.4% YoY

In Q4, the median home sale price in Santa Monica was $1.7M, an increase of 9.4% year-over-year. By contrast, sales activity trended down with 109 deals closed, representing a decline of -16.2% compared to the same period last year. The median price per square foot in Q4 was $1K, a change of 4.4% year-over-year, while the median sale price in Los Angeles County was $833K.

Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.

Santa Monica Median Sale Price

Santa Monica Median Sale Price Per Square Foot

Santa Monica Transactions

Top Cities in Los Angeles County

Ranking City Median Sale Price
1 Malibu $3,390,000
2 Manhattan Beach $2,850,000
3 Palos Verdes Estates $2,800,000
4 San Marino $2,787,500
5 Beverly Hills $2,726,000
6 Hermosa Beach $1,870,000
7 Rolling Hills Estates $1,799,500
8 Santa Monica $1,715,000
9 El Segundo $1,700,000
10 Rancho Palos Verdes $1,662,500
11 South Pasadena $1,541,500
12 Calabasas $1,540,000
13 Sierra Madre $1,445,000
14 Arcadia $1,425,000
15 Redondo Beach $1,360,000
16 Culver City $1,250,000
17 Pasadena $1,107,500
18 Agoura Hills $1,090,000
19 Torrance $1,085,000
20 Burbank $1,080,000
21 West Hollywood $1,060,000
22 Walnut $1,060,000
23 Glendale $1,000,000
24 Monrovia $980,000
25 Claremont $960,000
26 Los Angeles $950,000
27 San Gabriel $949,000
28 Cerritos $943,000
29 Temple City $938,361
30 San Dimas $899,000
31 Diamond Bar $860,000
32 Rosemead $855,000
33 Monterey Park $846,500
34 LA Verne $837,500
35 Lakewood $835,000
36 Downey $805,000
37 Whittier $792,750
38 LA Mirada $790,000
39 Alhambra $778,000
40 Lomita $777,500
41 Santa Clarita $775,000
42 Glendora $772,500
43 Long Beach $772,500
44 Hawthorne $760,000
45 Gardena $755,000
46 West Covina $754,000
47 Duarte $742,500
48 Carson $725,000
49 Bellflower $712,000
50 Covina $700,000
51 Pico Rivera $696,000
52 LA Puente $690,000
53 Lynwood $690,000
54 Montebello $680,500
55 Norwalk $675,000
56 El Monte $655,000
57 Inglewood $645,000
58 Azusa $640,000
59 San Fernando $635,000
60 South Gate $635,000
61 Pomona $632,500
62 Baldwin Park $622,000
63 Compton $580,000
64 Signal Hill $570,000
65 Paramount $525,000
66 Palmdale $480,000
67 Lancaster $431,000

Residential Property Types Sold in Santa Monica

Property Type Median Sale Price Y-o-Y Change Median Sale Price/Sq. Ft Y-o-Y Change Transactions
Condo $1.4M 11.6% $1K 4.2% 64
House $3.4M 15.4% $1K -7.8% 45

The median sale price for houses in Santa Monica in Q4 was $3.4M, up 15.4% year-over-year. Similarly, the median price for condos in Santa Monica was also on the rise, gaining 11.6% to reach $1.4M in Q4.

See also

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