This Week's Market Overview
Santa Monica 90405 has a current median list price of $3,775,000 and inventory of 79 homes. The Market Action Index is 36, compared with 37 last month, placing the market at Slight Seller’s Advantage.
Market Action Index
The current Market Action Index is 36, down from 37 last month. The market is getting cooler, with more supply relative to sales demand. The current market-position label is Slight Seller’s Advantage.
Market Narrative
Santa Monica is cooling modestly as available supply grows relative to sales demand. The Market Action Index eased from 37 last month to 36 this week, while the market continues to show a slight seller’s advantage. Well-positioned listings can still attract attention, but buyers have more opportunity to compare available choices.
Real-Time Market Profile
Median List Price: $3,775,000
Inventory: 79
Market Action Index: 36
Previous Month Market Action Index: 37
Market Position: Slight Seller’s Advantage
Market Segments
The current weekly indicators describe Santa Monica 90405 as a whole. Individual price tiers and property types can move differently, so each home should be evaluated against directly comparable active and recently absorbed listings.
Lifestyle Demand
Location, condition, views, lot utility, design, and presentation continue to shape buyer response within Santa Monica. These property-level considerations should be evaluated alongside the current weekly supply-and-demand indicators.
Conclusion
Santa Monica 90405 currently holds a Slight Seller’s Advantage, with a Market Action Index of 36 and 79 homes in inventory. The decline from last month’s index of 37 points to a cooler market with more supply relative to demand. Property-specific pricing and positioning remain essential.
Contact Information
Andrew Spitz (818) 370-6121 | [email protected]
Fran Chavez (818) 517-1411 | [email protected]
