Santa Monica Housing Market Report – September 2026
Here's a look at how the Santa Monica, CA real estate market performed in September 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 69
- Median Sale Price: $1,700,000
- Average Sale Price: $2,270,843
- Average Price Per Sq Ft: $1,209
- Average Days on Market: 87
- Sale-to-List Price Ratio: 100.0%
Month-Over-Month Trends
Compared to August, the median sale price in Santa Monica moved 28.6% down (from $2,380,000 to $1,700,000). The number of homes sold was 5.5% down compared to the prior month (73 vs. 69). Average days on market shifted 13.0% up (77 days to 87 days).
Year-Over-Year Comparison
Compared to September 2025, the median sale price is 12.1% down (from $1,934,150 to $1,700,000). Sales volume is 32.7% up year-over-year.
Santa Monica Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90405 | 22 | $1,915,825 | $1,168 | 67 |
| 90403 | 18 | $1,135,000 | $1,134 | 79 |
| 90402 | 15 | $3,573,000 | $1,714 | 80 |
| 90404 | 13 | $1,455,000 | $797 | 136 |
| 90401 | 1 | $850,000 | $719 | 220 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| CONDOS | 29 | $995,000 | $955 |
| SINGLE_FAMILY | 24 | $3,108,000 | $1,689 |
| MULTI_FAMILY | 7 | $2,205,000 | $770 |
| TOWNHOMES | 4 | $1,452,500 | $934 |
| CONDO | 3 | $1,625,000 | $1,154 |
| OTHER | 1 | $1,600,000 | $235 |
| COOP | 1 | $1,915,000 | $1,232 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $400K - $499K | 1 |
| $500K - $749K | 3 |
| $750K+ | 65 |
Current Active Listings
As of this report, there are 501 active listings in Santa Monica with a median asking price of $1,995,000 and an average of 79 days on market.
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