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Foreclosure Homes in Santa Monica, CA 90401

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Santa Monica, CA Foreclosures

Current Market Conditions in in Santa Monica, CA As of February 2026?
Over the past month, Santa Monica's housing market has remained competitive, with slight price increases observed in both home sales and rentals. Inventory remains low, leading to bidding wars in certain segments of the market, particularly single-family homes. The increase in demand is partly attributed to seasonal buyers entering the market, while interest rates have shown some fluctuations but remain historically low, encouraging investment.
How much do homes sell for in Santa Monica, CA?
The average home price is currently $2,878,081.
In Santa Monica, CA, how many homes are available?
There are currently 7 active home listings available in Santa Monica.
What’s the average rental cost in Santa Monica, CA?
The average rental price in Santa Monica is $4,143.
What is the most expensive home in Santa Monica?
The most expensive home sold in Santa Monica had a price of $224,836,592.
What is currently the cheapest priced home in Santa Monica, CA?
The cheapest home for sale in Santa Monica is priced at $12,103.

Living in Santa Monica, CA

Santa Monica is a picturesque coastal city in California known for its stunning beaches, lively downtown, and outdoor recreational opportunities. With its scenic pier and third street promenade, it offers a variety of shopping and dining options. The city boasts a community-focused lifestyle with abundant amenities, top-rated schools, and a robust public transportation system.

Buyer vs Seller Market in Santa Monica, CA

Santa Monica's real estate market is characterized by high demand due to its prime location and desirable amenities. The current median home price continues to climb, making it a competitive market for buyers. Rental properties are also in high demand, with many seeking to live close to the ocean. Investors are actively looking for opportunities in both residential and multi-family housing, reflecting a healthy market with potential for appreciation.

As of now, properties in Santa Monica see significant interest; however, buyers are facing challenges due to rising prices and limited inventory. Homes priced under the median are increasingly being snatched up quickly, which highlights the ongoing desirability of the area and the willingness of prospects to invest in premium real estate.

Home Value Estimator For Santa Monica, CA

There are currently 21,123 real estate properties in Santa Monica, CA, with a median automated valuation model (AVM) price of $1,934,771.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Santa Monica, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Santa Monica, CA, is $2,878,081.00, with the most expensive house in Santa Monica, CA, topping out at $224,836,592.00 and the cheapest home in Santa Monica, CA, clocking in at $12,103.00. In other words, there’s something for every potential homebuyer or savvy investor in Santa Monica, CA!

Rent Prices In Santa Monica, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Santa Monica, CA, is on a rollercoaster ride. The average rent price in Santa Monica, CA, is $4,143.00. Indeed, when looking to rent in Santa Monica, CA, you can expect to pay as little as $1,200.00 or as much as $8,260.00, with the average rent median estimated to be $3,850.00. The good news is that finding an affordable and desirable property to rent in Santa Monica, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Santa Monica, CA 90401 Foreclosures

Market Trend for Santa Monica, CA

Total Listings Available: 7

Market Values:

Home Prices from $12,103 to $224,836,592

Average Sales Price: $2,878,081

Rental Values:

Rental from $1,200 to $8,260

Average Rent Value: $4,143 / month

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