Santa Monica Housing Market Report – April 2026
Here's a look at how the Santa Monica, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 47
- Median Sale Price: $2,225,000
- Average Sale Price: $2,639,361
- Average Price Per Sq Ft: $1,264
- Average Days on Market: 68
- Sale-to-List Price Ratio: 99.3%
Month-Over-Month Trends
Compared to March, the median sale price in Santa Monica moved 35.5% up (from $1,642,500 to $2,225,000). The number of homes sold was 2.1% down compared to the prior month (48 vs. 47). Average days on market shifted 25.3% down (91 days to 68 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 29.6% up (from $1,716,250 to $2,225,000). Sales volume is 28.8% down year-over-year.
What This Means
Santa Monica's real estate market is firing on all cylinders right now, though with some notable nuances worth understanding. Median prices jumped 35.5% month-over-month to $2.225 million, which is genuinely impressive and reflects both spring seasonality and what appears to be genuine underlying demand. Homes are moving faster too—average days on market dropped from 91 to just 68 days—and sellers are getting nearly full asking price at 99.3%. This tells us inventory is still relatively tight compared to buyer interest, giving the upper hand to those listing.
That said, the year-over-year picture reveals a more complicated story. While median prices are up nearly 30% annually, sales volume has actually declined 28.8% compared to April 2025. This suggests the recent strength is more about higher-value properties selling rather than broad-based market enthusiasm. The pipeline also shows some caution: 365 active listings with a median ask of $2.098 million means sellers are pricing more aggressively than they're willing to accept. Rising interest rates are likely dampening buyer pools despite the spring boost, so don't mistake one hot month for a runaway market. Condo-heavy supply (22 of 47 sales) continues to define Santa Monica's inventory mix.
Santa Monica Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 90403 | 20 | $1,731,000 | $1,068 | 71 |
| 90402 | 11 | $4,400,000 | $1,856 | 53 |
| 90405 | 10 | $2,077,500 | $1,165 | 79 |
| 90404 | 5 | $1,950,000 | $824 | 69 |
| 90401 | 1 | $2,875,000 | $1,831 | 74 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| CONDOS | 22 | $1,445,500 | $1,103 |
| SINGLE_FAMILY | 15 | $4,600,000 | $1,739 |
| MULTI_FAMILY | 7 | $2,225,000 | $619 |
| TOWNHOMES | 2 | $1,180,000 | $814 |
| COOP | 1 | $2,600,000 | $1,660 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 1 |
| $750K+ | 46 |
Current Active Listings
As of this report, there are 365 active listings in Santa Monica with a median asking price of $2,098,000 and an average of 77 days on market.
Thinking About Selling Your Santa Monica Home?
If you're a homeowner in Santa Monica considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Santa Monica and throughout Los Angeles County — get a no-obligation cash offer today.