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Mid City Pico

SANTA MONICA, CA 90404

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

Neighborhoods in ZIP 90404

Mid City · Pico

Market Analysis

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

The SANTA MONICA, CA real estate market (90404) currently shows 42 active listings, with 8 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 35 days on market compared to 39 days last year.

The median listing price has fallen 3% year-over-year, from $1,197,500 to $1,161,250.

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: 23,975  ·  Density: 4,696.5/mi²  ·  Median household income: $87,209

Typical home value: $1,100,140  ·  Homeownership: 22.0%

Market Overview

Active Listings
42
⇩ 4.5% vs 44 last year
Pending
8
19% pending ratio
Median Price
$1,161,250
⇩ 3% vs $1,197,500 last year
Average Price
$1,276,664
⇩ 0.3% vs $1,280,023 last year
Days on Market
35
⇩ 10.3% vs 39 days last year

Price Per Square Foot

Median $/sqft
$881
⇩ 7.1% vs $948/sqft last year
Median Home Size
1,330 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 44 last year
  • Days on market: 35 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $1,161,250 (-3% YoY)
  • Average: $1,276,664 (-0.3% 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 6.4 miles — 855 listings ($3,900,014,874 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
90404Santa Monica, CA 904040.0 mi42$51,856,266$1,056,725$1,234,673
90405Santa Monica, CA 904051.1 mi59$139,912,423$2,049,500$2,371,397
90402Santa Monica, CA 904021.8 mi66$505,329,726$4,141,250$7,656,511
90291Venice, CA 902912.3 mi110$362,083,700$2,841,999$3,291,670
90066Los Angeles, CA 900663.0 mi103$249,460,644$2,050,000$2,421,948
90292Marina Del Rey, CA 902923.7 mi141$262,072,470$1,399,500$1,858,670
90034Los Angeles, CA 900344.3 mi65$112,978,710$1,493,225$1,738,134
90232Culver City, CA 902324.7 mi14$36,469,552$1,999,225$2,604,968
90212Beverly Hills, CA 902124.8 mi31$144,918,273$2,700,000$4,674,783
90035Los Angeles, CA 900355.3 mi52$90,661,636$1,373,500$1,743,493
90077Los Angeles, CA 900775.5 mi117$1,830,335,130$6,150,000$15,643,890
90211Beverly Hills, CA 902115.8 mi26$54,415,816$1,674,248$2,092,916
90056Los Angeles, CA 900566.4 mi29$59,520,528$2,296,000$2,052,432

Frequently Asked Questions

How many homes are for sale in SANTA MONICA, CA 90404?

As of March 2026, there are 42 active listings in SANTA MONICA, CA (zip code 90404), compared to 44 the prior year.

What is the median home price in SANTA MONICA, CA 90404?

The median listing price in SANTA MONICA, CA 90404 is $1,161,250 as of March 2026, a 3% decrease from $1,197,500 the prior year.

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

Homes in SANTA MONICA, CA 90404 spend an average of 35 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 90404?

Based on current inventory and days-on-market data as of March 2026, SANTA MONICA, CA 90404 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 35 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 90404 save an estimated $23,225 compared to a typical 5% commission on the median listing price of $1,161,250. 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.