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North of Montana Pacific Palisades Riviera

SANTA MONICA, CA 90402

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 90402

North of Montana · Pacific Palisades · Riviera

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SANTA MONICA, CA real estate market (90402) currently shows 77 active listings, with 18 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 45 days on market compared to 39 days last year.

The median listing price has fallen 3% year-over-year, from $4,995,000 to $4,845,000.

Whether you are buying or selling in SANTA MONICA, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 11,816  ·  Density: 2,233.9/mi²  ·  Median household income: $171,844

Typical home value: $2,000,000  ·  Homeownership: 74.4%

Market Overview

Active Listings
77
⇧ 1.3% vs 76 last year
Pending
18
23% pending ratio
Median Price
$4,845,000
⇩ 3% vs $4,995,000 last year
Average Price
$7,607,014
⇧ 10.6% vs $6,876,022 last year
Days on Market
45
⇧ 15.4% vs 39 days last year

Price Per Square Foot

Median $/sqft
$1,803
⇧ 10.2% vs $1,636/sqft last year
Median Home Size
2,631 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 77 this year vs 76 last year
  • Days on market: 45 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $4,845,000 (-3% YoY)
  • Average: $7,607,014 (+10.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.5 miles — 1,116 listings ($6,457,178,212 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
90402Santa Monica, CA 904020.0 mi66$505,329,726$4,141,250$7,656,511
90401Santa Monica, CA 904011.5 mi18$44,751,600$2,071,500$2,486,200
90405Santa Monica, CA 904052.6 mi59$139,912,423$2,049,500$2,371,397
90049Los Angeles, CA 900493.7 mi217$1,806,359,646$3,597,500$8,324,238
90272Pacific Palisades, CA 902723.9 mi106$769,547,492$3,622,000$7,259,882
90024Los Angeles, CA 900244.4 mi191$627,545,016$1,429,500$3,285,576
90292Marina Del Rey, CA 902925.1 mi141$262,072,470$1,399,500$1,858,670
90077Los Angeles, CA 900775.5 mi117$1,830,335,130$6,150,000$15,643,890
90212Beverly Hills, CA 902126.1 mi31$144,918,273$2,700,000$4,674,783
90232Culver City, CA 902326.5 mi14$36,469,552$1,999,225$2,604,968
90035Los Angeles, CA 900356.8 mi52$90,661,636$1,373,500$1,743,493
90293Playa Del Rey, CA 902937.0 mi56$85,683,248$886,000$1,530,058
90290Topanga, CA 902907.5 mi48$113,592,000$1,714,500$2,366,500

Frequently Asked Questions

How many homes are for sale in SANTA MONICA, CA 90402?

As of March 2026, there are 77 active listings in SANTA MONICA, CA (zip code 90402), compared to 76 the prior year.

What is the median home price in SANTA MONICA, CA 90402?

The median listing price in SANTA MONICA, CA 90402 is $4,845,000 as of March 2026, a 3% decrease from $4,995,000 the prior year.

How long do homes stay on the market in SANTA MONICA, CA?

Homes in SANTA MONICA, CA 90402 spend an average of 45 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in SANTA MONICA, CA 90402?

Based on current inventory and days-on-market data as of March 2026, SANTA MONICA, CA 90402 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 39 days last year.

How much can I save on real estate commission in SANTA MONICA, CA?

With SELL123.com's maximum 3% commission, sellers in SANTA MONICA, CA 90402 save an estimated $96,900 compared to a typical 5% commission on the median listing price of $4,845,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.