The Santa Monica housing market is somewhat competitive. Homes in Santa Monica receive 4 offers on average and sell in around 43 days. The median sale price of a home in Santa Monica was $2.1M last month, up 25.3% since last year. The median sale price per square foot in Santa Monica is $1.22K, up 9.2% since last year.
What is the housing market like in Santa Monica today?
In February 2025, Santa Monica home prices were up 25.3% compared to last year, selling for a median price of $2.1M. On average, homes in Santa Monica sell after 43 days on the market compared to 98 days last year. There were 72 homes sold in February this year, up from 27 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$2,074,500
+25.3% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Santa Monica, CA
$2,074,500
+25.3%
United States
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How hot is the Santa Monica housing market?
Santa Monica is somewhat competitive. Homes sell in 49.5 days.
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100
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Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 50 days.
Hot homes
can sell for about 7% above list price and go pending in around 22 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Santa Monica
Explore recent offers and recently sold homes in Santa Monica
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Santa Monica housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Santa Monica.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Santa Monica has a minor risk of flooding. 302 properties in Santa Monica are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Santa Monica. Flood risk is increasing slower than the national average.
12% of properties are at risk of wildfire over the next 30 years
Fire Factor
Santa Monica has a moderate risk of wildfire. There are 1,828 properties in Santa Monica that have some risk of being affected by wildfire over the next 30 years. This represents 12% of all properties in Santa Monica.
Santa Monica has minimal risk of severe winds over the next 30 years
Wind Factor
Santa Monica has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.