The typical home value in
Santa Monica
is projected to be
$1,330,500
for the month of
February.
January’s
finalized data reported the typical value of a home in the
city
to be
$1,504,000—down
27.5%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$880,000
in
Los Angeles County
for the most recent reporting period.
That number is expected to float around
$875,000
in
February.
Santa Monica
had
81
new listings and
37
listings that went under contract in
January,
increasing
the area’s total available inventory to
182—up
13.04%
from the previous month. Inventory is projected to have further
increased
in
February.
Of those
182
active listings,
13.74%
reduced their price in the month of
January.
The median listing price for homes in
Santa Monica
fell
11.02%
from
December
to
January,
bringing the current median listing price to
$1,599,000.
Based on projected data for
February,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
has been fairly steady
year-over-year. In
January 2026,
the median time for a listed property to go pending was
88
days, compared to
89
days in
January 2025.
However, in recent months the median number of days from listed to pending appears to be
rising.
That trend is predicted to have carried through to this
February.
