Is Santa Monica, CA 90402 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Santa Monica is a seller’s market. With about 3.5 months of supply and 21% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.5Under 4 months = seller’s market

Sold above original list20.9%Share of sales, last 3 months

Median sale-to-list95.8%Sold price ÷ list price

Median days on market65Listing to accepted offer

Median price per sq ft$1,463▼ −16.1% vs. last year

Run the numbers for 90402

Prefilled for 90402Can I win this house?Multiple-offer likelihood for a listing Prefilled for 90402Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Acton 93510Buyer’s market $366 /sq ft Agoura Hills 91301Balanced $584 /sq ft Alhambra 91801Seller’s market $576 /sq ft Alhambra 91803Seller’s market $620 /sq ft Browse all markets →

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