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Santa Monica

Current Population93,076

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Santa Monica

Santa Monica is its own city, not a Los Angeles neighborhood, and that changes the math on a purchase: its own school district, its own Rent Control Board and its own transfer tax. Gary Jacobs walks buyers through those three before they fall for a particular street.

Gary can pull recent sales block by block, from North of Montana down to Ocean Park and Sunset Park, so a buyer can see what a 1920s Spanish house actually trades for next to a new build.

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Market Snapshot

Live MLS numbers for Santa Monica, refreshed every night. The Free Market Report box lower on the page uses the same figures.

Santa Monica market at a glance

Homes, townhomes and condos (no rentals) from the MLS. These numbers refresh every night as listings go active, pending or sold. Last updated Nov 2, 2026 at 10:38 am.

$1,799,500Median sold price
81Avg. days on market
98.8%Sold-to-list price
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Absorption rate shows how fast homes are selling. It takes the homes for sale today and divides them by the number of homes that sold per month over the last 12 months.

The answer is how many months it would take to sell every home on the market if no new listings came up. Under about 3 months usually means a seller’s market, 3 to 6 months is balanced, and over 6 months favors buyers.

Right now about 21% of the homes for sale in Santa Monica are selling each month.

4.8 monthsAbsorption rateBalanced market
235For sale now
58Pending / in escrow
592Sold, last 12 months
49.3Sales per month

See the full Santa Monica market report →

Median sold price and homes sold, by quarter

Santa Monica median sold price and number of sales by quarter$2.13M168$1.93M112$1.73M56$1.53M0Q4 '24 · Homes sold: 88Q4 '24Q1 '25 · Homes sold: 160Q1 '25Q2 '25 · Homes sold: 166Q2 '25Q3 '25 · Homes sold: 146Q3 '25Q4 '25 · Homes sold: 141Q4 '25Q1 '26 · Homes sold: 123Q1 '26Q2 '26 · Homes sold: 166Q2 '26Q3 '26 · Homes sold: 168Q3 '26Q4 '24 · Median sold price: $1.61MQ1 '25 · Median sold price: $2.05MQ2 '25 · Median sold price: $1.77MQ3 '25 · Median sold price: $1.76MQ4 '25 · Median sold price: $1.82MQ1 '26 · Median sold price: $1.7MQ2 '26 · Median sold price: $1.79MQ3 '26 · Median sold price: $1.92M
Homes soldMedian sold price

Days on market and sold-to-list price, by quarter

Santa Monica days on market and sold-to-list price by quarter100.3%9399.6%6298.8%3198.1%0Q4 '24 · Avg. days on market: 69Q4 '24Q1 '25 · Avg. days on market: 76Q1 '25Q2 '25 · Avg. days on market: 67Q2 '25Q3 '25 · Avg. days on market: 73Q3 '25Q4 '25 · Avg. days on market: 93Q4 '25Q1 '26 · Avg. days on market: 87Q1 '26Q2 '26 · Avg. days on market: 69Q2 '26Q3 '26 · Avg. days on market: 83Q3 '26Q4 '24 · Sold-to-list price: 99.1%Q1 '25 · Sold-to-list price: 100.0%Q2 '25 · Sold-to-list price: 98.9%Q3 '25 · Sold-to-list price: 99.0%Q4 '25 · Sold-to-list price: 98.4%Q1 '26 · Sold-to-list price: 98.7%Q2 '26 · Sold-to-list price: 98.8%Q3 '26 · Sold-to-list price: 99.5%
Avg. days on marketSold-to-list price

Based on 592 sales in the last 12 months. Charts cover the last 8 full quarters. Source: CSMAR MLS and its data-share MLSs. Information deemed reliable but not guaranteed.

Santa Monica FAQs

Is Santa Monica part of the City of Los Angeles?

No. Santa Monica incorporated in 1886 and runs its own police, fire, building permits and planning. That matters at closing: the City of Los Angeles' Measure ULA transfer tax does not apply here, but Santa Monica has its own tiered transfer tax. Brentwood, Venice and Mar Vista all border the city, and some addresses near the line can look alike, so it is worth confirming the jurisdiction on the tax bill before comparing prices.

Which school district serves Santa Monica?

Santa Monica-Malibu Unified (SMMUSD). Most students go on to Santa Monica High (Samohi), with Lincoln, John Adams and SMASH among the middle-grade options. In December 2025 the district board approved the agreements to split into separate Santa Monica and Malibu districts, so expect the name and some district-level details to change over the next few years. Elementary assignment is set by address, so check the district's boundary lookup for the specific house.

How does Santa Monica rent control affect a buyer?

The city has had rent control since a 1979 charter amendment, administered by an elected Rent Control Board. For a buyer, the key points are:

  • Many properties built after April 10, 1979 can qualify for a new-construction exemption, but the Board has to grant it.
  • Single-family houses and separately sold condos may qualify for exemptions, for example after two years of owner occupancy.
  • Owner-occupied duplexes and triplexes can get a temporary exemption that ends if the owner moves out or sells.

Check the Board's record for the unit before writing an offer on anything with a tenant.

What is the transfer tax on a Santa Monica sale?

Santa Monica's city tax is tiered on the full price: $3 per $1,000 under $5 million, $6 per $1,000 from $5 million to just under $8 million, and $56 per $1,000 at $8 million and up, the top tier added by Measure GS in 2023. Los Angeles County adds $1.10 per $1,000. Who pays which piece is negotiable, and it is worth settling early on any sale near one of the thresholds.

Are there coastal, flood or tsunami issues near the beach?

The western part of the city is in the California coastal zone, so some projects there need coastal review on top of a regular building permit. State tsunami hazard maps show the beach, the pier and parts of Ocean Park inside the potential inundation area in a worst-case event. Most of the city sits well above that, but buyers near the sand should read the Natural Hazard Disclosure carefully and price insurance before removing contingencies.

What happens when the Santa Monica Airport closes?

Under a 2017 consent decree with the FAA, the city can close the airport after December 31, 2028. Until then, jet and propeller noise is part of life in parts of Sunset Park and nearby Mar Vista. The city has been planning a large park for the site, and the details are still being worked out, so a buyer near the airport is partly buying into a future that has not been fully decided.

How do people commute from Santa Monica?

The 10 Freeway starts here and runs east toward downtown, and the 405 is a few minutes inland. The E Line has stations at Downtown Santa Monica, 17th Street/SMC and 26th Street/Bergamot, which helps for trips to Culver City and downtown. Pacific Coast Highway heads north to the Palisades and Malibu. Many residents also work in Santa Monica itself, which is a big part of the appeal.

Can Gary help compare specific Santa Monica blocks?

Yes. Gary Jacobs can pull recent sales for any Santa Monica street, separate the rebuilds from the original houses, and check the rent control status of a duplex or fourplex before you write an offer. He can also run the transfer tax at your price point so there are no surprises at closing.

Free Market Report

Want The Full Market Report For Santa Monica?

Everything in the snapshot above, in far more detail: month-by-month prices, what sells at each price point, neighborhood-by-neighborhood numbers and who lives here. Homeowners also see recent sales of homes like theirs.

$1,525,000Median list price
235Homes for sale
90Avg. days on market (current listings)
$1,799,500Median sold price (12 mo)
592Homes sold (12 mo)
98.8%Sale-to-list price

Homes for sale and closed sales (no rentals) from the MLS — CSMAR and its data-share MLSs. Updated Nov 2, 2026.

Santa Monica

Full market report

  • Prices, $/sq ft and days on market, month by month
  • What sells at each price point, and how fast
  • Neighborhood-by-neighborhood sales
  • Sales of homes like yours, if you own here
Open the full report

Free, and it opens right away. No sign-in needed to read it.

Schools In The Area

Public and private schools that serve Santa Monica. Assignments go by exact address, so confirm with the district before you buy.

School assignments follow the street address, and districts adjust boundaries and offer transfers, so confirm the schools for a specific home with the district before you rely on them. Ratings and test scores open on GreatSchools.

Around The Area

Top-rated local spots in and around Santa Monica. Tap a category.

Ratings and details from Google. Refreshed monthly.

News And Advice

Read helpful resources and articles related to the area.

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Whether you are thinking about buying, selling, or just exploring your options, Gary Jacobs and his team are here to provide clear guidance and trusted local expertise across Los Angeles and Ventura County.

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