Whatever your reason is for a move to Santa Monica, our local real estate professionals can help you with the move. They work at your buying pace.
What Do You Love about Santa Monica?
Are you moving here for a job relocation or just to retire? Whatever your reason is, I want you to be confident that you can find a great investment for yourself or the family right here on our Santa Monica real estate resource.
All Homes for Sale in Santa Monica California
Check out the homes in Santa Monica and other cities that you may want to explore in different cities Los Angeles county like Hermosa Beach, Malibu, Manhattan Beach, Rancho Palos Verdes, Redondo Beach, Palos Verdes Peninsula, and Long Beach.
Santa Monica Real Estate Trends
We compiled some research on the Santa Monica real estate market. Review homes in 2020 to see what the current housing market trends are to help you invest or sell. All data is taken from the California Regional Multiple Listing Service that I’ve been an active real estate professional for 27 years.
|Real Estate Categories||2020|
|Average Selling Prices:||$3,936,918|
|Average Days on Market:||42|
|Months of Supply:||4.75|
|Average Price per Square Foot:||$1,243|
|Percentage of the Listed Price that Homes Sell For:||99.00%|
|Santa Monica Homes for Sale (Current listings)|
How to Look at Months of Supply of Homes for Sale in Santa Monica
Months Supply of Inventory (MSI) is an estimate of how long it will take (in months) for the current number of properties for sale to sell (or be absorbed) based on the recent yearly absorption rate. Absorption rates help sellers and buyers set asking prices and purchase offers.
0-4: Sellers Market
Fewer choices, more competitive bidding, more counter offers
4-5: Balanced Market
Some choices, decent competition, friendly negotiations
5-8: Buyers Market
More choices, less competition, increased price reductions, more negotiations
Relocating to Santa Monica, California?
Our relocating to Santa Monica guide can provide you with information regarding Santa Monica real estate, schools, neighborhoods, city information, local weather, and entertainment in Santa Monica.
It all depends on what you need to relocate. The last thing we want to do is send you information that you don’t want or need.
Fun activities to do in Southern California
Enjoy local beaches, skiing in the mountains in the winter, amusement parks like Disneyland in Anaheim, Knott’s Berry Farm in Buena Park, the Hollywood sign, Grauman’s Chinese Theater, Griffith Observatory, Hollywood Bowl, Long Beach Pike, Santa Monica Pier, and many other great locations to visit.
Dining and Shopping in Santa Monica
Santa Monica offers some of the best dining from celebrity hangouts like Spago’s to Dolce to the famous Tommy’s burgers.
I like the 3rd Street Promenade in Santa Monica for shopping, dining, and people watching. There is a great place for Mexican food at Mercado’s. It is located at 1416 4th Street (map). Call them for some great tasting food at 310-526-7121. It is close to the 3rd Street Promenade.
You can check out another outdoor shopping mall in Santa Monica called Santa Monica Place. It is located at 395 Santa Monica Place, Santa Monica 90401.
You can explore Muscle Beach in Santa Monica that was featured in many movies or ride the Ferris wheel on the pier.
Frequently Asked Questions about Santa Monica?
How many people live in Santa Monica?
89,735 people live in the city
Is it expensive to live in Santa Monica?
The average selling price of single-family homes for sale in Santa Monica is over $3,900,000. Santa Monica condos are selling for $1,241,850 and townhomes are selling for $1,625,965.
The lowest-priced Santa Monica house for lease is $4,200 per month. The highest price home is renting for $55,000 per month.
Condos are leasing for $2,200 to 12,995 per month depending on the location.
Where do the Celebrities Handout in Santa Monica?
- Santa Monica Farmers Market
- Third Street Promenade
- Wolfgang Puck’s Chinois on Main
- Urth Caffe for coffee and something to eat
- Ivy at the Shore
Do You Need Help Selling Your Home in Santa Monica?
If so, we can help you with that. Our listing specialists can help you with all selling strategies, evaluating your home in this real estate market, and helping you accomplish your goals.
To start, fill out this form at Santa Monica home values and we will review your home.
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