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Foreclosures in Santa Monica, CA

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Santa Monica, CA Foreclosures

How much do homes sell for in Santa Monica, CA?
The average home price is currently $2,904,742.
In Santa Monica, CA, how many homes are available?
There are currently 1 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 $226,029,512.
What is currently the cheapest priced home in Santa Monica, CA?
The cheapest home for sale in Santa Monica is priced at $12,167.

Living in Santa Monica, CA

Santa Monica, CA, is an idyllic coastal city known for its beautiful beaches, vibrant culture, and a plethora of recreational activities. It offers a mix of urban and beach lifestyles, drawing both visitors and new residents. You can enjoy fantastic dining options, shopping, art galleries, and picturesque parks along the waterfront.

Current Market Conditions in Santa Monica, CA

The Santa Monica real estate market continues to be competitive, with high demand for homes due to the desirable location and exceptional amenities. As of recent trends, median home prices have remained steady despite fluctuations in nearby areas, reflecting the city’s strong market resilience.

Real estate investment in Santa Monica remains attractive due to its coastal location and the ongoing demand for rental properties, driven by a combination of tourists and long-term residents. Rent prices have also seen a consistent rise, making it an excellent time for investment.

Home Value Estimator For Santa Monica, CA

There are currently 21,120 real estate properties in Santa Monica, CA, with a median automated valuation model (AVM) price of $1,946,668.00. 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 $2,904,742.00, with the most expensive house in Santa Monica, CA, topping out at $226,029,512.00 and the cheapest home in Santa Monica, CA, clocking in at $12,167.00. 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 Foreclosures

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