Is Santa Monica, CA 90408 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Santa Monica is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list99.9%Share of sales, last 3 months

Median sale-to-list119.9%Sold price ÷ list price

Median days on market16Listing to accepted offer

Median price per sq ft$950

The Santa Monica housing market right now

In the three months ending August 31, 2026, 100% of homes in Santa Monica, CA 90408 sold above their list price and the typical home went under contract in 16 days. With only 1 sale, these figures can swing a lot from month to month.

Run the numbers for 90408

Prefilled for 90408Can I win this house?Multiple-offer likelihood for a listing Prefilled for 90408Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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Questions about Santa Monica real estate

How fast do homes sell in Santa Monica?

The typical home went under contract in 16 days in the latest three months.

Do homes in Santa Monica sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 119.9% of the list price.

What is the median home price in Santa Monica?

The median sale price was $1,324,427 in the three months ending August 31, 2026, about $950 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology