Santa Monica, CA Housing Market Trends
The Santa Monica housing market is moderately competitive. On average, homes for sale Santa Monica receive two offers and sell in approximately 53 days. Last month, the median sale price for homes for sale Santa Monica was $1.4M, reflecting a 12.9% decrease compared to the previous year. The median price per square foot is $1.11K, down 3.4% year-over-year.
The real estate market in Santa Monica remains highly sought after, drawing interest from both local and international buyers. Luxury homes, oceanfront properties, and Santa Monica condos for sale are particularly in demand. Expect competitive pricing, especially in coveted neighborhoods such as North of Montana and Sunset Park. Whether you're searching for a family home, a beachfront condo, or an investment property, Santa Monica provides a wide variety of real estate opportunities to suit every need.
Home prices in Santa Monica differ based on the neighborhood and property type. On average, single-family homes for sale in Santa Monica, CA range from $1.3 million to over $10 million for luxury estates. Condominiums and apartments in sought-after locations, especially near the beach, typically fall between $800,000 and $3 million. The high-end market, particularly for ocean-view properties and historic homes in exclusive areas, can see prices well above these ranges.
Santa Monica features a diverse range of real estate options, from luxurious beachfront estates to sleek modern condos and picturesque single-family homes. Renowned for its ocean-view properties, the city offers everything from contemporary high-rise buildings to classic California Craftsman homes. Whether you're looking for a low-maintenance condo, a grand estate with breathtaking views, or a charming historic home, real estate Santa Monica has something to suit every lifestyle.
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Her high energy, determination, and hard work are just a few qualities one can expect when working with her. Also, her strong negotiation skills and a keen understanding of the ever-changing real estate market lead her to be one of the top agents in the local industry.