Santa Monica Housing Market Report – August 2026
Here's a look at how the Santa Monica, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 73
- Median Sale Price: $2,380,000
- Average Sale Price: $3,010,367
- Average Price Per Sq Ft: $1,272
- Average Days on Market: 77
- Sale-to-List Price Ratio: 100.5%
Month-Over-Month Trends
Compared to July, the median sale price in Santa Monica moved 14.7% up (from $2,075,000 to $2,380,000). The number of homes sold was 13.1% down compared to the prior month (84 vs. 73). Average days on market shifted 9.4% down (85 days to 77 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 13.0% up (from $2,106,900 to $2,380,000). Sales volume is 10.6% up year-over-year.
Santa Monica Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90403 | 22 | $2,290,000 | $1,148 | 74 |
| 90405 | 22 | $2,283,000 | $1,170 | 60 |
| 90402 | 19 | $4,252,000 | $1,661 | 105 |
| 90404 | 9 | $1,275,000 | $912 | 75 |
| 90401 | 1 | $7,995,000 | $2,465 | N/A |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 28 | $3,737,500 | $1,817 |
| CONDOS | 24 | $1,287,500 | $1,014 |
| MULTI_FAMILY | 9 | $2,525,000 | $664 |
| CONDO | 5 | $2,200,000 | $1,192 |
| TOWNHOMES | 4 | $1,840,000 | $941 |
| OTHER | 2 | $4,350,000 | $560 |
| COOP | 1 | $2,150,000 | $1,373 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 2 |
| $750K+ | 71 |
Current Active Listings
As of this report, there are 460 active listings in Santa Monica with a median asking price of $2,075,000 and an average of 80 days on market.
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