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Ocean Park Sunset Park

SANTA MONICA, CA 90405

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 90405

Ocean Park · Sunset Park

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SANTA MONICA, CA real estate market (90405) currently shows 59 active listings, with 13 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 39 days on market compared to 23 days last year.

The median listing price has risen 6.5% year-over-year, from $1,924,500 to $2,049,500.

Whether you are buying or selling in SANTA MONICA, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 26,981  ·  Density: 3,744.7/mi²  ·  Median household income: $101,713

Typical home value: $1,711,000  ·  Homeownership: 31.2%

Market Overview

Active Listings
59
⇩ 1.7% vs 60 last year
Pending
13
22% pending ratio
Median Price
$2,049,500
⇧ 6.5% vs $1,924,500 last year
Average Price
$2,371,397
⇧ 8.3% vs $2,190,168 last year
Days on Market
39
⇧ 69.6% vs 23 days last year

Price Per Square Foot

Median $/sqft
$1,158
⇩ 7.4% vs $1,250/sqft last year
Median Home Size
1,729 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 59 this year vs 60 last year
  • Days on market: 39 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $2,049,500 (+6.5% YoY)
  • Average: $2,371,397 (+8.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.5 miles — 1,030 listings ($5,475,622,312 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
90405Santa Monica, CA 904050.0 mi48$114,884,256$1,740,000$2,393,422
90291Venice, CA 902911.2 mi92$293,040,792$2,862,498$3,185,226
90403Santa Monica, CA 904031.8 mi54$159,965,766$1,564,000$2,962,329
90292Marina Del Rey, CA 902922.6 mi112$193,213,664$1,369,500$1,725,122
90402Santa Monica, CA 904022.6 mi52$412,284,964$3,960,000$7,928,557
90094Playa Vista, CA 900943.8 mi24$33,312,000$1,335,000$1,388,000
90024Los Angeles, CA 900244.1 mi168$627,945,696$1,450,000$3,737,772
90067Los Angeles, CA 900674.4 mi57$201,680,421$1,750,000$3,538,253
90293Playa Del Rey, CA 902934.6 mi49$71,980,902$898,000$1,468,998
90049Los Angeles, CA 900495.4 mi192$1,580,351,232$3,595,000$8,230,996
90045Los Angeles, CA 900455.6 mi55$121,562,045$1,900,000$2,210,219
90211Beverly Hills, CA 902116.1 mi22$47,623,994$1,950,000$2,164,727
90077Los Angeles, CA 900776.5 mi105$1,617,776,580$7,947,000$15,407,396

Frequently Asked Questions

How many homes are for sale in SANTA MONICA, CA 90405?

As of February 2026, there are 59 active listings in SANTA MONICA, CA (zip code 90405), compared to 60 the prior year.

What is the median home price in SANTA MONICA, CA 90405?

The median listing price in SANTA MONICA, CA 90405 is $2,049,500 as of February 2026, a 6.5% increase from $1,924,500 the prior year.

How long do homes stay on the market in SANTA MONICA, CA?

Homes in SANTA MONICA, CA 90405 spend an average of 39 days on the market before going under contract, compared to 23 days the prior year.

Is it a seller's or buyer's market in SANTA MONICA, CA 90405?

Based on current inventory and days-on-market data as of February 2026, SANTA MONICA, CA 90405 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 39 days on market compared to 23 days last year.

How much can I save on real estate commission in SANTA MONICA, CA?

With SELL123.com's maximum 3% commission, sellers in SANTA MONICA, CA 90405 save an estimated $40,990 compared to a typical 5% commission on the median listing price of $2,049,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.