Santa Monica Real Estate Market Report & Trends
Your trusted source for Santa Monica housing trends, updated monthly.
Track home prices, inventory, and demand in one of California’s most desirable coastal cities — where luxury real estate meets lifestyle living.
Santa Monica Housing Market Overview
Santa Monica continues to attract homebuyers who value walkability, beach access, and modern coastal design.
From Ocean Avenue penthouses to North of Montana estates, the city’s market remains one of the strongest on the Westside, driven by limited supply and enduring global appeal.
On this page, you’ll find:
Year-round Santa Monica housing data
Monthly and quarterly trend reports
Insights into top neighborhoods and buyer behavior
Santa Monica Neighborhood Highlights
North of Montana
One of LA’s premier residential enclaves — large lots, historic architecture, and proximity to Palisades Park make it a top-tier investment.
Ocean Park
A vibrant beachside community with a mix of condos and bungalows — popular with tech professionals and creatives.
Downtown & Ocean Avenue
High-end condos and ocean-view penthouses dominate this luxury corridor, offering modern amenities and convenience.
Sunset Park
Family-friendly and growing in demand, with strong appreciation driven by excellent schools and quiet streets.
Long-Term Santa Monica Real Estate Trends
Over the past five years, Santa Monica has experienced a 24% increase in median home values, driven by its lifestyle appeal, tech industry proximity, and tight inventory.
Homes priced between $2M–$4M see consistent demand, while Ocean Avenue luxury condos continue to set price records per square foot.
With consistent tourism, top-tier schools, and world-class amenities, Santa Monica remains a cornerstone of Westside luxury real estate.
Frequently Asked Questions
Is Santa Monica a buyer’s or seller’s market right now?
Santa Monica remains a seller-leaning market due to limited inventory and sustained luxury buyer demand.
Which Santa Monica neighborhoods have the highest appreciation?
North of Montana, Ocean Park, and Sunset Park continue to show the strongest year-over-year price growth.
How often are these market reports updated?
Monthly, with quarterly summaries to track broader trends in home values and inventory.
Are Santa Monica condos a good investment?
Yes — ocean-view and downtown properties maintain strong rental and resale demand, making them ideal for long-term investors.
Stay Informed with Monthly Market Insights
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