All categories are a healthy sellers' market except in the the over $2M single family niche. Hot Homes can sell for about 3% above list price and go … Additionally, there are 836 rentals, with a range of $650 to $85K per month. 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. Zillow has 252 homes for sale in Santa Monica CA. See Homes in Neighborhoods Near Santa Monica, CA. The info on Santa Monica real estate is vast and requires an experienced and knowledgeable real estate agent to charter the ever-changing and unique market. … Santa Monica Real Estate Market Report. Santa Monica, CA Real Estate Trends. Approximately 24.98% of Santa Monica homes are owned, compared to 67.25% rented, while 7.76% are vacant. Based on the housing stock, population density, and the proximity of amenities of the area. From the start of the new year to date, Santa Monica is seeing higher commercial asking rents than it did in the same period in 2015. Homes in Santa Monica, CA sold for 1% below asking price on average in December 2020. The average asking rent in 2016 to date … 90 Day Home Inventory. Many homes get multiple offers, some with waived contingencies. Home Prices in Santa Monica… Santa Monica Real Estate Property Sales. The median sale price was $1.3M. Search All Santa Monica Homes On The Market. According to Walletinvestor’s Santa Monica real estate market … There are 302 homes for sale in Santa Monica, CA, 43 of which were newly listed within the last week. See all recently sold homes in Santa Monica. The trend for median days on market in Santa Monica, CA has gone up since last month, and slightly down since last year. Own. Real Estate Highlights in Santa Monica, CA. , with many nearby public transportation options. Santa Monica California Real Estate Market Update and Local Area Information and Resources Santa Monica Real Estate Search. and Broadway. Homes are typically worth $1,319/sqft. The average sale price of a home in Santa Monica was $1.3M last month, down 21.2% since last year. Mid - City is the most affordable neighborhood, with a median listing price of $967K. There are 3,448 real estate agents in Santa Monica, CA right now. Learn more about Santa Monica, CA at Xome. The Santa Monica housing market is somewhat competitive. Rent vs. Own. The average price of homes sold in Santa Monica, CA is $ 1,212,500. The median listing price per square foot was $982. The median home price for homes in Santa Monica, CA is $1,086,300, which is 165% higher than the California average. With a population of 91,411, 45,487 total housing units (homes and apartments), and a median house value of $1,105,636, Santa Monica house prices are not only among the most expensive in California, Santa Monica real estate … Why you need a top real estate agent in Santa Monica, CA. Santa Monica's home resale inventories is 160, which decreased 6 percent since December 2021. 6 months inventory represents a balanced market… There are 302 homes for sale, ranging from $449K to $18.5M. 71%. My client came in at $30,000 above asking with financing. School service boundaries are intended to be used as reference only. * School data provided by National Center for Education Statistics, Pitney Bowes, and, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? The Santa Monica real estate market remains steady. We will soon provide other points, such as Our free service analyze millions of home sales to find the perfect agent for you. There are 293 active homes for sale in Santa Monica, CA, which spend an average of 65 days on the market. Winning offer was 62% above the list price. Santa Monica, CA hosts 16 public schools rated good and higher by GreatSchools. Discover more Santa Monica listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. # Active listings 716. Santa Monica, CA housing market In August 2020 the housing market in Santa Monica, CA is a balanced market, which means there is a healthy balance of buyers and sellers in the market. Affordability of Living in Santa Monica, CA. Many homes get multiple offers, some with waived contingencies. Sponsored Mortgage Options for Santa Monica. Rent. Popular Neighborhoods in Santa Monica, CA. Some of the best neighborhoods in or around Santa Monica, California are Wilshire-Montana, Sunset Park and North of Montana. C. Based on home values, property taxes, housing costs, local schools, and more. It’s official: The largest multifamily development opportunity in Santa Monica in a generation is now on the market. WSC Communities’ 23-parcel portfolio, entitled for the … This means that real estate in the Santa Monica… Here are the best public schools in Santa Monica, CA: You can find dozens of grocery stores, and hundreds of cafes and restaurants in Santa Monica, CA. The Downtown Santa Monica commercial real estate market is located just steps away from the Pier and placed among vibrant shopping locations, such as the Third Street Promenade, a major outdoor pedestrian-only shopping district between Wilshire Blvd. Homes sell for around list price and go pending in around 44 days. … Search for new homes, open houses, recently sold homes and reduced price real estate in Santa Monica. Santa Monica Real Estate Market Santa Monica housing market statistics: As of January 10, 2021 there are currently 226 properties for sale in Santa Monica listed as active, with an average … 29%. 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