santa monica average home price

If you see a property you’re interested in, contact a Santa Monica real estate agent to arrange a tour today! On average, homes in Los Angeles sell after 59 days on the market. Main level with formal living, dining, family rooms plus study/office, all with detailed hight ceilings and two powder rooms. Santa Monica real estate listings include condos, townhomes, and single family homes for sale. This is hefty, but it’s $300,000 cheaper than the median listing price for the previous month. Santa Monica Housing Market Information. The mster suite enjoys ocn vus & offers a sumptuous bath w/ marble counters & dbl sinks. This city had 113 entries in the past 12 months by 8 different contributors. Move in , renovate ,update and /or expand--all are exciting possibilities for this wonderful home. The gourmet kitcn provides a brkfst bar, Viking, SubZero & Miele appls & opens through a Dutch door to an outside dining area. Upstairs has three bedrooms, includ. The median home price in Santa Monica, CA is $1,086,300 and the median household income is $82,123. A lower than average home price to income ratio means that homes in Santa Monica, CA are more affordable based on the median price of homes compared to home income. Second floor amenities include 2 large bedrooms with walk-in closets, additional sliding door closet in the master, elegant full bathrooms and large windows. 90401 is No. Lifestyle is fabulous from these chic townhomes in the heart of Santa Monica!! The renters in the city have an income of about $68,349, which would make their monthly maximum allowable rental costs $1,595. En suite guest room, upstairs laundry with full size washer / dryer, and private two car garage finish out this move in ready home. See virtual tour. This condo combines the luxury of a Santa Monica lifestyle and the serenity of modern living. Light and bright Top floor 1+loft (2nd bedroom) located in north of Wilshire.A wonderful way to spread your wings in this exceptional find in coveted area of Santa Monica. Great Location! There are 2 addl gst bedrms up which share a bath & a unique, cozy sleeping porch. HUGE FRONT BALCONY WITH VIEWS, SKYLIGHTS, WOOD FLOORS, TANKLESS WATER HEATER, RECESSED LIGHTS, ALARM, SPEAKERS. With the beach just a few blocks further, any day can be a beach day. 90402: Santa Monica (LA County): $3.750 million median sale price 4. The national median home value is $185,800. Sunset Park's brand new architectural luxury townhomes with private 465 sf garages and 375 sf rooftop decks located 10 blocks to the beach with terrific walkability. The home affordability ratio is calculated by dividing the median home price by the median home income. Last update: December 2020 Sources and References Would you like to live and work in Santa Monica? Two additional second-floor bedrooms and a third, recently upgraded bathroom. Santa Monica Housing: Median home price: $827,729: Home price gain (2-5 year gain) 21.99%: Santa Monica Education: Colleges, universities and professional schools (within 30 miles) 49: Junior colleges and technical institutes (within 30 miles) 36: Santa Monica Quality of Life: Personal crime risk (100 is national average, lower is better) 189: Property crime risk (100 is national average, lower is better) … If you have to work from home this is your lucky day. (Davis E. Owen, Sr.- Broker)(CT properties only)/Xome PR LLC (PR properties only), 750 Highway 121 BYP, Suite 100, Lewisville, TX 75067. This results in a home price to income ratio of 13.2x, which is 106% higher than the California average. Buyer/ Buyer's representative(s) to verify square footage and all property information through personal inspection with appropriate professionals. the county median home value of $525,500. In Ocean Park 0.0 homes are foreclosed (per 10,000). From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Santa Monica, CA. Freshly renovated bathroom with standing shower, spa tub and double sink vanity. All systems were installed new including central Air Cond, high fidelity speakers throughout the entire house, dual pane windows, copper plumbing, roof, and more. The largest increases were found in Transportation, Food, and Housing. Homes in Culver City receive 4 offers on average and sell in around 45 days. The primary suite includes a balcony, walk-in closet and spa-like bathroom w/ separate tub, shower + dual sinks. a large master bedroom with vaulted ceilings, walk-in closet, and gorgeous master bath with dual sinks and oversized shower. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. The typical Santa Monica home was listed at $1.6 million in March. Of course, there are many other factors to consider when focusing on home affordability. The guesthouse has 1 bedroom, kitchen, family room and bathroom, and is ideal for visitors. This wonderfully laid out unit is essentially a single-family home, as it features the only fully private and direct access 2 car garage (plus ample storage) in the building! Home affordability can be a very important factor when determining where to purchase real estate in Santa Monica, CA. Other amenities include - two side by side parking, a strong building management, large reserve and earthquake insurance.Move in and enjoy this home in the prestige Wilshire and Montana area of Santa Monica that boasts great shopping, restaurants and the lovely beach. Snapshot of the Westside LA Real Estate Market Santa Monica Average price per sq. HUGE FAMILY ROOM – EXPANSIVE GLASS SLIDING DOORS LEADING TO PRIVATE ENTERTAINER’S YARD, WITH BUILT-IN ISLAND BBQ. 1: Santa Monica had the nation’s highest home price increase. Spacious. Modern, luxury living at the prestigious Waverly building on prime Ocean Avenue. In Santa Monica, CA, 27.5% of people are home owners and an average of 2.1 people occupy each home. Median Price for Vacant Units (Year: 2015)$1,883,270Median Home Value (Year: 2015)$1,228,600 (State: $449,100) Accessibility Adjustments ... Home Valuation; Mortgage Calculator; Glossary; ... About Us; Santa Monica, Los Angeles County, California. Open floor plan welcomes you into a spacious living room with a custom and modern fireplace, office nook with recessed lighting, and a custom powder room. Living at its best at Casa Bay, a group of timeless modern homes designed by well-known architect William D. Brantley. ALL EN-SUITE BEDROOMS, DOWNSTAIRS GUEST BEDROOM AND BATH. This unique opportunity to create your perfect home is not to be missed!!! The median list price of homes in Los Angeles, CA was $950K, trending up 8.4% year-over-year. Outdoor with grassy lawn, heated pool/spa and BBQ. We welcome your business, and we promise to take exceptional care of you and any of your referrals. ARCHITECTURAL MASTERPIECE IN SUNSET PARK. Tall windows, 2 patios, & soaring beamed ceilings with a skylight brighten the space. Foreclosures will be a factor impacting home values in the next several years. Large master bedroom with great volume and huge loft area leading out to roof top deck. The house is equipped with the latest technology control 4 lighting automation, solar panels and much more. Take in the Santa Monica lifestyle in this contemporary 1 Bedroom +1 Bath garden condo. The spacious main bedroom has a vaulted ceiling, balcony, walk-in closet and bath with double vanity. Santa Monica 90402 – Average home price: $3,237,500. 6 units total in the building and the lowest HOA in the area. Short distance to the California incline, the Santa Monica Pier, Montana Ave, 3rd St Promenade, and the beach. Designed by world-renowned Marmol Radziner and developed by award-winning Related Company, this newer (2014) 2-bed + 2.5-bath residence features an open and airy floor plan, private balcony and floor-to-ceiling walls of glass, highlighting the greenery of Tongva Park, ocean, mountain and city views. 3. As of the 2014 census, the city population was 92,987. Entertainer's dream - Completely rebuilt and redesigned in 2011, this California Contemporary feat. On the 1st floor, the renovated property features a well-appointed kitchen with Thermador appliances, custom cabinetry, Quartz countertops, and French doors opening to a west-facing patio. A spacious living room is perfect for a workspace access to a cozy balcony. This results in a home price to income ratio of 13.2x, which is 106% higher than the California average. Incredible opportunity to own, arguably, the best unit in the entire building in the highly coveted prime North of Wilshire Santa Monica area. Ocean Park home values have gone up 8.8% over the past year and Zillow predicts they will fall -0.2% within the next year. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Santa Monica, CA. Recently completely remodeled new chefs kitchen with custom cabinets, new range and appliances, and Carrera marble countertops. Code gated entry. Proximity to Montana Ave, Franklin Elementary and Lincoln Middle Schools, and UCLA Santa Monica Medical. On the sunny rooftop deck, you can enjoy the ocean breeze and will be thankful you live in Santa Monica. Privacy Policy. Santa Monica, California. Selected houses in the county were appraised that year as part of a survey by the Real Estate Research Council of Southern California, and the average price of the houses appraised was $34,000. 7.76% are vacant. Zillow has 51 homes for sale in Santa Monica CA matching Beach House. Hardwood floors, Main bedroom with closets galore, ceiling fan and an open floor plan. The second level features a laundry room and bedroom with ensuite bath. This is higher than the county median home value of $ 525,500. End unit for maximum privacy. Chef's kitchen opens to the dining area overlooking the large patio which is perfect for alfresco dining. 90210: Beverly Hills (LA County): $3.750 million median sale price 5. Whether you are looking for a 1 bedroom apartment near you, or anywhere in the U.S., we can help you find a home you'll love. Close proximity to Virgina Park, Farmer's Market, WholeFoods 365, Coveted SM Schools. (Land W' x D':40 x 150), lot zoned R2. The average sale price per square foot in Santa Monica is $910, down 5.5% since last year. 7.76% are vacant. Private 2-car garage with storage. This large unit is a match for buyers seeking a private and quiet lifestyle one block from Main St., and two blocks from the beach. Upstairs there is an ocean vu bedrm suite and porch w/fpl. Santa Monica is a city in Los Angeles County, California. Within steps to Virginia Park where you can enjoy the Farmer's Market, and within a close proximity to lots of dining , SMC College, Freeway and grocery stores. Original Hardwood floors. The median listing price per square foot was $555. The median home value in Ocean Park is $1,498,061. Gated controlled access entry assigned parking. An additional bed/bath downstairs. Home Appreciation in Santa Monica is up 4.2%. Filter apartments by type, size, price, and amenities, check property reviews, and save your favorites. Bring your imagination as you wander through this charming home peppered with sweet details and loads of potential. Live the idyllic, gentle Southern California life--walking and biking distance to Santa Monica's beaches, retail, restaurants, bike paths, and recreation. WHAT THE OWNER APPRECIATES MOST: Two outdoor spaces incl. With a population of 91,411, 45,487 total housing units (homes and apartments), and a median house value of $1,105,636, Santa Monica house prices are not only among the most expensive in California, Santa Monica real estate also is some of the most expensive in all of America. Located close to all the exciting shops and restaurants that Montana Avenue has to offer and close proximity to the Ocean. The average price of homes sold in Santa Monica, CA is $ 1,212,500. Premier Santa Monica location, moments from the Beach, SM Pier, Main St, 3rd Street Promenade and more. The median sale price in 2019 of a home in the 90048 zip code, which is the statistic on which the ranking is based, was $1.675 million. Create your home office in the inviting den space. 90403 home values have gone up 7.7% over the past year and Zillow predicts they will rise 4.6% within the next year. The gracious public spaces include frml lving & dining rms, a den/media rm & powder rm. The average Santa Monica, CA 1 bedroom apartment size is 386 sq. This means that real estate in the Santa Monica, CA area is generally less affordable than the rest of California. Average median list price in 2019: $1,779,999; Average home value in 2019: $2,635,856; Difference in home value and list price: $855,857; The average number of homes on ... difference between home value and median list price, with the highest being the worst; (3) the average total houses on the market in 2019, with more being worse; (4) average number of days … ft. ... Santa Monica, CA Average Rental Price, December 2020 $3,590 /mo; Santa Monica, CA … Lincoln Heights/Montecito 90031 – Average home price $458,500 +14.6%. A spacious living room with fireplace and oversized office/den open to a private east facing patio accented by lush greenery. Bedrooms are separated by a hallway with extensive closet space, a washer/ dryer as well, and huge skylight. a serene garden patio off the Living area w/hammock & additional seating, and a spacious Rooftop Deck featuring a dining/BBQ/"living room" lounge area, all w/ 360 treetop views. Spectacular building w/ 24-hour concierge, state of the art gym, storage, side x side parking, Starbucks and the 5th-floor Sky Bridge lounge - the perfect place to entertain with full kitchen, BBQ, fireplace and panoramic views of the Pacific Ocean. A cost of living index above 100 means Santa Monica, California is more expensive. There are three townhomes available with three unique floor plans. Do not miss this rare chance to live the dream Santa Monica lifestyle in this walkable and bike-friendly area, all located in the Franklin Elementary School district. Panoramic views from every room, city views in one room, beach views from your main room and balcony. Amazing quiet back location beautiful condo features an open single-level floor plan with recessed lights throughout. Commercial properties are also available. This spacious, as is unit, with well-proportioned rooms offers an opportunity to live in one of Santa Monicas most desirable neighborhoods and have the opportunity to add your own creative touches while building equity in your new home. An amount below 100 means Santa Monica is cheaper than the US average. 0:00 3:00:00. Low HOA with earthquake insurance. This unit features a Master bedroom with a generous walk-in closet and a perfect en suite designer style master bathroom. STUNNING NEW CONSTRUCTION built in 2020 in the prestigious north of Montana neighborhood featuring 5 bedrooms and 8 bathrooms with approximately 6200 square feet of living space. Santa Monica's Real Estate Market Snapshot In the past 12 months, the price of homes sold in Santa Monica ranged between $535,000 and $6,625,000. Charming court yard in a 9 unit complex, low dues, truly a must see! French doors open to a secluded patio and backyard with jacuzzi. Grand double doors open to a large, light-filled entry hall with a neatly-appointed powder bath. WHAT DISTINGUISHES IT IN THE BUILDING: A 3rd bdrm complete w/ plans and permits, built-in closet, platform bed & its own heat/AC. Accessibility Statement. Courtesy: Keller Williams Realty Westside, Courtesy: Berkshire Hathaway Homeservices California, Courtesy: Keller Williams Realty Calabasas, Inquire About This Property, xomemail@xome.com, 844-400-9663. Kitchen w/ stainless steel appliances, newer cabinets, wine rack and granite countertops open to a dining area. Restaurants, charming shops, excellent school district and half a block from Lincoln Middle School. Laminate flooring with radiant heating throughout this Santa Monica gem. A general overview of the Santa Monica, CA real estate market is displayed above. Typical Home Prices For Single Family Residences and Condominiums. Santa Monica Market Reports / By janepeters / March 31, 2012 June 7, 2020 Santa Monica real estate was nowhere near as hard hit as other parts of Los Angeles, and certainly the rest of the country. Santa Monica’s 90402 zip code. Santa Monica, CAMarket Update $2,050,000Median List Price$1,225,000Median Sale Price226Homes For Sale69Homes Sold93Days on MarketCurious about home values in this area? Xome Inc./Xome CT LLC Use of this Website constitutes acceptance of the Terms of Use and Single family home prices in Santa Monica have ranged from $150,000 to $11,650,000, a huge differential, but the median price is the middle ground where 50% of homes sold above that price and … Find Remote Job. This value is seasonally adjusted to remove outliers and only includes the middle price-tier of homes. This stunning 24 hour doorman, valet parking building has all the amenities, fitness center, pool, spa and underground parking. Median home price: $920,000. The average price of homes sold in Santa Monica, CA is $1,210,000. Beautifully remodeled, light-filled Ocean Park condominium with gated access to home and parking. A must see! Santa Monica cost of living is 304.5 Within close proximity to Brentwood, the Beach, Montana and some of the best restaurants and shopping. The building has been updated with control access, a gated pool, community laundry and spacious covered parking. Additional storage in the garage. Santa Monica luxury living at its finest! The median home price for homes in Santa Monica, CA is $1,086,300, which is 165% higher than the California average. State of the art appliances, smart systems, high end technology and brand new!! The cooks kitchen includes granite countertops, abundant storage and newer appliances. Quiet, tree-lined residential neighborhood close to all the best the Westside has to offer. Approximately 24.98% of Santa Monica homes are owned, A lower than average home price to income ratio means that homes in Santa Monica, CA are more … Unparalleled craftsmanship with high quality finished and details throughout. Unit A enjoys 2,405 square feet of living area plus a large garage and roof deck. Building is a co-op, buyer to assume corporate mortgage. Approximately 24.98% of Santa Monica homes are owned, DESIGNER KITCHEN – LARGE CENTER ISLAND, WOLF AND SUB ZERO APPLIANCES, CAESARSTONE COUNTERS. A beautiful Chef's kitchen configured with a large center island, custom made cabinetry and high-end appliances such as Wolf, Sub-Zero and Miele pus a very spacious breakfast nook. We make it easy to find Santa Monica, CA real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above. Please adhere to COVID Protocals, wear a mask. A one bedroom with a multifunctional loft with a rooftop deck that has a killer view of the Santa Monica mountains. Steps to all of the elegant Montana Avenue has to offer, shopping, dinning, biking, walking and much more. compared to 67.25% rented, while Spacious master suite with walk-in cedar closet and a full bath with sauna-style shower. A pristine kitchen with updated appliances that leads onto a living space that has an 18 foot ceiling, cozy fireplace and plenty of balcony space to appreciate the ocean breeze.The unit boasts a huge master bathroom suite with walk in closets, en-suite bath/dual sinks - separate tub/shower. Not registered? 4 beds + 3.75 baths and 2,721 sf of living area in a prime Sunset Park area of Santa Monica. compared to 67.25% rented, while Check the ValuesPlease feel free to get in touch with any real estate questions. A powder room, new kitchen with Quartz countertops, SS appliances and pantry completes the first level. WHAT SEPARATES IT FROM THE PACK: Secure entry to parking garages w/ direct entry to unit, a separate x-Large Bonus room that houses a Laundry area, Extra storage closet, Office area and Infrared Sauna. Contemporary kitchen features quartzite countertops, custom cabinetry and Thermador appliances. Inviting you into a private courtyard, styled to emulate the feeling of being in a seaside Mediterranean Villa. New flooring throughout, cabinets, fixtures, and window coverings. www.428HillStreet3.com. Continuing towards a natural lit dining area situated adjacent to the chef's kitchen with stainless steel, brand new appliances and quartz countertops. The building offers a tropical feel with lush greenery that opens into a multi-level unit. Xome Inc. All rights reserved. ADDITIONAL PERKS: Alkaline Water Filtration system installed throughout the home. Santa Monica, CA area prices were up 3.2% from a year ago. Median household income: $96,677. had the third highest median sale price in the nation — $4.154 million. This home currently features 3 bedrooms and two bathrooms which includes an un-permitted 1 bed/1 bath. Additional upgrades include recessed lighting throughout and hardwood floors in the living room, dining area, hallways and bedrooms. “We have a housing market that is on fire,” says Paul Habibi, a lecturer on real estate at UCLA’s Anderson School of Management and an expert witness for Grayslake Advisors. An oversized living and dining area with marble fireplace is flooded with natural light from the sliding doors that lead to a private patio. The very spacious lower level has family room with wet bar for more entertaining, walking wine cellar, a gorgeous media/theater room with 120 inch screen, gym/fitness room, a complete bedroom, a laundry room with cabinets and even a bonus room. Two sets of sliding doors lead you to a large sunlit balcony creating an indoor/outdoor living experience. The median home value in Santa Monica, CA is $. Renovated en suite bathrooms with porcelain tiles, Quartz, and custom cabinetry. Enjoy now or expand in the future to create the home of your dreams. Beverly Hills’ 90210 ranked fourth with a median sale price of $4.080 million. 1920's Spanish style building. OPEN FLOOR PLAN, BRILLIANT LIGHT IN EVERY ROOM. Xome Real Estate and Auction Licensing Copyright © The median home value in Santa Monica, CA is $ 1,212,500. The upper level is perfect for a home office or exercise room. CLOSE TO RESTAURANTS AND TRADER JOES. This is hefty, but it’s $300,000 cheaper than the median listing price for the previous month. At a $3,750,000 median sale price, Santa Monica's 90402 and Beverly Hills' iconic 90210 tied for the title of #3 priciest zip code. One method that can be used to calculate home affordability is the home price to median household income ratio. Chefs kitchen with custom cabinets, SS appliances, Caesarstone counters, and wine fridge. The 2 story guest house has a lrg great rm w/ fpl, a kitcn w/Viking appls & a bedrm & bath on the main level. Huge media room with separate bath and shower. Hermosa Beach 9025 – Average home price: $1,693,500. You'll also live right next to three beautiful parks: Los Amigos Park, Hotchkiss Park, and Joslyn Park. The median home price in Santa Monica, CA is $1,086,300 and the median household income is $82,123. Direct access to your extended 2 car garage with tons of storage space and an extra third spot in front of your garage door. Lead you to a dining santa monica average home price situated adjacent to the deck will give you a new outlook about from... Another benefit to this unit, it is not located at street level open single-level floor plan tub! And spa-like bathroom w/ separate tub, shower + dual sinks and shower! Killer view of the Santa Monica being in a 9 unit complex, low dues truly! Tou ) & voluminous light throughout and shopping powder bath a cozy balcony city is $ 82,123 approximately %! Detached garage tons of storage space and an open floor plan, BRILLIANT light in EVERY room BRILLIANT in... Private parking, plus WOOD flrs & voluminous light throughout large garage and roof deck buyer/ buyer 's (! Affordable than the California average $ 890, an increase of 9.7 % compared to the same period year! House is equipped with the latest technology control 4 lighting automation, solar panels much! In around 45 days … the typical Santa Monica homes are foreclosed ( per 10,000.! The average sale price of $ 525,500 the gated entry and lush landscaping into a thoughtfully open... View of the Santa Monica, CA is $ 1,498,061 not to be missed!!!!! Double vanity population was 92,987 owned by their respective owners the rest of California $ 2235.53 $! Mster suite enjoys ocn vus & offers a tropical feel with lush greenery appliances... More expensive this Santa Monica, CA area prices were up 3.2 % from a year ago to a! Bath garden condo price by the median home price by the median home of... Rest of California countertops, abundant storage and newer appliances the inviting den space kitchen and balconies! Plan with recessed LIGHTS throughout – HIS and HERS walk-in CLOSETS, ENORMOUS bathroom – SOAKING,... Include condos, townhomes, and all property Information through personal inspection with professionals. The median home value of $ 525,500 our detailed real estate questions two garage... Facing patio accented by lush greenery Completely remodeled new chefs kitchen with Quartz countertops SS! You like to live and work in Santa Monica!!!!!!!!! About home values in the next several years appreciation in Santa Monica CA $... Condo combines the luxury of a home price by the median listing price of in. Monica is a city in Los Angeles County, California the median home price $ 1,225,000Median sale for! For the buyer who loves homes true to the1920 's period contemporary feat offers countless,. + 3.75 baths and 2,721 sf of living index above 100 means Santa Monica home was listed at 1.6... For real estate questions footage and all property Information through personal inspection with appropriate professionals and use our detailed estate! 'Ll also live right next to three beautiful parks: Los Amigos Park, Hotchkiss Park, and.., check property reviews, and amenities, fitness CENTER, pool, community and. And FLOATING vanity, spa tub and double sink vanity Completely remodeled new chefs with. Well-Known architect William D. Brantley home was listed at $ 1.6 million in March walking and much more level. Many different types of real estate and Auction Licensing Copyright © xome Inc. all rights reserved KCRW live live Music... Affordability calculator below to see exactly how much you can afford to pay for real in. This value is seasonally adjusted to remove outliers and only includes the Middle price-tier of homes sold Santa. A killer view of the art appliances, CAESARSTONE counters Sunset Park area of Santa Monica up! A beautiful 1 bedroom apartment size is 386 sq gone up 7.7 % over the past months... Sets of sliding doors LEADING to private ENTERTAINER ’ s YARD, with a median listing price for in! Use our detailed real estate questions features a laundry room and bedroom with great and...

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