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Ocean Park

SANTA MONICA, CA 90405

Real Estate Market Report  ·  Los Angeles County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
48
⇧ 14.3% vs 42 last year
Pending
9
19% pending ratio
Median Price
$1,740,000
⇩ 12.3% vs $1,985,000 last year
Average Price
$2,393,422
⇧ 1% vs $2,370,412 last year
Days on Market
47
⇧ 95.8% vs 24 days last year

Market Context

Population: 26,981  ·  Density: 3,744.7/mi²  ·  Median household income: $101,713

Typical home value: $1,711,000  ·  Homeownership: 31.2%

Market Analysis

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

The SANTA MONICA, CA real estate market (90405) currently shows 48 active listings, with 9 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 47 days on market compared to 24 days last year.

The median listing price has fallen 12.3% year-over-year, from $1,985,000 to $1,740,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 42 last year
  • Days on market: 47 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $1,740,000 (-12.3% YoY)
  • Average: $2,393,422 (+1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.5 miles — 1,030 listings ($5,475,622,312 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
90405Santa Monica, CA 904050.0 mi48$114,884,256$1,740,000$2,393,422
90291Venice, CA 902911.2 mi92$293,040,792$2,862,498$3,185,226
90403Santa Monica, CA 904031.8 mi54$159,965,766$1,564,000$2,962,329
90292Marina Del Rey, CA 902922.6 mi112$193,213,664$1,369,500$1,725,122
90402Santa Monica, CA 904022.6 mi52$412,284,964$3,960,000$7,928,557
90094Playa Vista, CA 900943.8 mi24$33,312,000$1,335,000$1,388,000
90024Los Angeles, CA 900244.1 mi168$627,945,696$1,450,000$3,737,772
90067Los Angeles, CA 900674.4 mi57$201,680,421$1,750,000$3,538,253
90293Playa Del Rey, CA 902934.6 mi49$71,980,902$898,000$1,468,998
90049Los Angeles, CA 900495.4 mi192$1,580,351,232$3,595,000$8,230,996
90045Los Angeles, CA 900455.6 mi55$121,562,045$1,900,000$2,210,219
90211Beverly Hills, CA 902116.1 mi22$47,623,994$1,950,000$2,164,727
90077Los Angeles, CA 900776.5 mi105$1,617,776,580$7,947,000$15,407,396

Frequently Asked Questions

How many homes are for sale in SANTA MONICA, CA 90405?

As of January 2026, there are 48 active listings in SANTA MONICA, CA (zip code 90405), compared to 42 the prior year.

What is the median home price in SANTA MONICA, CA 90405?

The median listing price in SANTA MONICA, CA 90405 is $1,740,000 as of January 2026, a 12.3% decrease from $1,985,000 the prior year.

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

Homes in SANTA MONICA, CA 90405 spend an average of 47 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in SANTA MONICA, CA 90405?

Based on current inventory and days-on-market data as of January 2026, SANTA MONICA, CA 90405 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 47 days on market compared to 24 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 90405 save an estimated $34,800 compared to a typical 5% commission on the median listing price of $1,740,000. 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.