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Santa Monica Real Estate
Navigate the Competitive Market with Confidence
Santa Monica isn’t just a postcard; it’s a complex, highly sought-after market. Whether you’re seeking that perfect blend of urban energy and coastal serenity, or aiming to maximize your property’s unique value, the Shilian Group offers the strategic insight you need. We help you look beyond the iconic Pier to find your niche in this world-class city.
- Get Market Assessment (310) 299-7655
Santa Monica Real Estate
Navigate the Competitive Market with Confidence
Santa Monica isn’t just a postcard; it’s a complex, highly sought-after market. Whether you’re seeking that perfect blend of urban energy and coastal serenity, or aiming to maximize your property’s unique value, the Shilian Group offers the strategic insight you need. We help you look beyond the iconic Pier to find your niche in this world-class city.
- Get Market Assessment (310) 299-7655
Find Your Santa Monica
A Neighborhood for Every Dream
Beyond the allure of the coast, Santa Monica unfolds into distinct enclaves, each with a unique pulse. Which one resonates with your vision?
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North of Montana
Discover premier luxury homes in Santa Monica: legacy estates and tree-lined tranquility.
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Ocean Park
Drawn to eclectic, artistic vibe near waves? Explore Ocean Park properties buzzing with creative energy.
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Downtown Santa Monica
Crave urban lifestyle steps from shore? Consider modern condos for sale in Downtown Santa Monica.
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Mid-City Santa Monica
Crave convenience and a central hub? Explore diverse homes and condos in Santa Monica's vibrant heart.
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Sunset Park
Presents charming family homes, a highly desirable pocket of Santa Monica real estate.
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Santa Monica Canyon
Reveals secluded charm with unique homes near the coast, an exclusive Santa Monica enclave.
Santa Monica Real Estate: Lifestyle Dreams & Investment Realities
Explore Los Angeles’s Premier Neighborhoods with the Expertise of Shilian Group.
Lifestyle:
Santa Monica real estate pairs a vibrant, active coastal lifestyle near iconic attractions like the Pier and Third Street Promenade, pristine beaches, and picturesque oceanfront paths, with calmer residential enclaves offering ample access to lush parks such as Palisades and Tongva, creating a truly unique blend of urban excitement and serene natural beauty.
Investment:
As an investment, Santa Monica property offers strong long-term value and high demand, requiring a substantial financial commitment. Be prepared for premium prices and ongoing costs like significant property taxes and local tax impacts (e.g., Measure ULA). Careful navigation of these factors is crucial for a future in this sought-after city.
Santa Monica real estate
2025 Market Insights & Your Opportunity
The 2025 Santa Monica real estate market remains strong, showing consistent property value retention and desirability driving demand. Updated homes and condos are attracting steady buyer interest and selling efficiently when priced correctly. The chart below compares May 2024 to May 2025, highlighting key trends in sales, median prices, and market pace for homes and condos—helping you make informed decisions about your Santa Monica property.
Metric
August 2024
August 2025
Closed Sales
48
49
Average List Price
$2,010,602
$2,696,074
Average Close Price
$1,960,958
$2,545,441
Average $/SqFt
$1,219.62
$1,237.39
Average Days on Market
57
61
Sales Price / List Price %
98.4%
98.1%
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Closed Sales: Increased by 2.1% (from 48 to 49), indicating a relatively stable number of transactions.
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Average Prices: List price jumped 34.1% and close price rose 29.8%, showing a strong upward trend in home values.
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Average $/SqFt: Rose by 1.5%, which is a modest increase and suggests the price gains are not solely driven by larger homes selling.
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Days on Market: Climbed by 7.0% (from 57 to 61 days), pointing to a slightly slower market pace.
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Sales Price to List Price Ratio: Dipped by 0.3 percentage points to 98.1%, indicating a very small shift in negotiation leverage toward buyers.
Beyond the Transaction
In a market as dynamic as Santa Monica, standard service isn’t enough. What’s our difference?
Hyper-Local Mastery
12+ years focused specifically Santa Monica's micro-markets (Pico's evolving landscape to the prestige of North of Montana), we've navigated over 170 successful transactions, understanding unique drivers of value in each pocket.
Data-Driven Seller Strategy
For sellers, our 'Market-Match AI' (for example) doesn't just list your home; it analyzes real-time buyer behavior and comparable property performance to position your Santa Monica home for optimal exposure and price.
Buyer Advocacy with Precision
For buyers, we go beyond listings, uncovering off-market opportunities and crafting offers that win in competitive scenarios. Our negotiation isn't just masterful, it's strategic, informed by deep market intelligence.
Navigating the vibrant Santa Monica real estate market requires true insider knowledge. The Shilian Group offers just that, combining 12+ years of proven success and 170+ transactions with a deep understanding of Santa Monica’s unique neighborhoods. We leverage cutting-edge AI for sellers and provide tailored guidance for buyers, ensuring masterful negotiation and a seamless, stress-free journey to achieve your property goals. Experience the Shilian Group difference.
Ready to Define Your Santa Monica Success?
Embarking on your Santa Monica real estate journey, whether buying or selling, starts with a practical conversation. The Shilian Group offers a complimentary, no-obligation consultation designed to provide tangible value. Here’s what you can expect:
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A preliminary snapshot of current market conditions relevant to your specific property type or area of interest.
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An open discussion about your unique goals and the potential challenges we foresee in the current market.
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Identification of key questions you should be asking during the selling or buying process
We’re here to help you clarify your path in the Santa Monica property market. Let’s connect to understand your goals and explore how we can equip you to navigate your next steps with confidence.
Premier Neighborhood Experts
Explore Los Angeles’s Premier Neighborhoods with the Expertise of Shilian Group.
BROWSE OUR CURRENT LISTINGS
Our Featured Listings
Specializing in Westside LA’s luxury real estate market, The Shilian Group offers unparalleled expertise to sophisticated homeowners navigating the purchase or sale of exceptional homes, condominiums, townhomes, and income properties in premier neighborhoods like Westwood, Beverly Hills, West LA, Santa Monica, and Pacific Palisades.
5 BD Luxury Westwood Home for Lease
- 5 bed
- 5.5 bath
- 7333 sqft
- $40,000/mo
This exquisite Cape Cod-inspired home boasts 5 bedrooms and 5.5 baths, seamlessly blending classic warmth with contemporary design and exceptional indoor-outdoor living, all within moments of LA’s most coveted destinations.
4 BD Westwood Home for Lease
- 4 bed
- 3 bath
- 2138 sqft
- $9000/mo.
Recently renovated 4-bedroom West LA home on a large, elevated lot offers a rare peaceful retreat with treetop and peekaboo city views, generously sized rooms, and a smart, flowing layout minutes from Century City.
2 BD Santa Monica Townhome for Lease
- 2 bed
- 3 bath
- 1844 sqft
- $7000/mo.
This Santa Monica townhome blends modern comfort with an unbeatable location, offering a private 2-car garage and 3 distinct outdoor spaces. Enjoy the coastal lifestyle with a suite and access to shopping, dining, and the beach.
Coastal Living & Expert Advice
Click any question below to reveal our expert insights into buying, selling, and living in one of the world’s most famous beach cities.
Is Santa Monica walkable, and what are the public transit options?
Santa Monica offers excellent walkability. Popular corridors like Main, Montana, and Ocean Park are pedestrian-friendly, plus the Expo Line, Big Blue Bus, and protected bike lanes make commuting easy.
What are parking rules and permit requirements in Santa Monica?
Street parking varies: some areas are restricted, others require permits. Always check posted signs. Permits and guest passes are available via the city’s online parking portal for compliance and convenience.
What parks and outdoor spaces are available in Santa Monica?
Enjoy Palisades Park, Tongva Park, Virginia Avenue Park, and the beach path. These spots offer playgrounds, green lawns, fitness classes, and oceanfront paths perfect for walking, biking, or relaxing.
Which public schools serve the Santa Monica area?
Santa Monica–Malibu Unified schools include Franklin Elementary, Roosevelt Elementary, Lincoln Middle School, and Santa Monica High. Verify school boundaries using SMMUSD’s tool for accuracy.
What are property tax rates and assessments in Santa Monica?
Santa Monica’s effective property tax averages about 1.23% of assessed value, including voter-approved local levies.
What are typical HOA fees for condos in Santa Monica?
HOA dues generally start around $400 per month, increasing to $2,000+ in full-service buildings. Fees depend on amenities like security, maintenance, and shared facilities.
What hidden costs should condo buyers expect?
Buyers should budget for move-in/move-out fees, insurance, reserve contributions, document processing fees, and special assessments. Always review HOA docs before purchasing.
How much are closing costs on a $1.2M Santa Monica home?
Closing costs run about 1–3% of the purchase price, cash buyers pay closer to 1%, while financed purchases can hit 2–3%. Transfer tax is typically handled by the seller.
What’s the entry price for condos in Santa Monica?
Entry-level condos in Santa Monica generally start around $400,000, but this low tier is rare and highly competitive due to limited inventory and premium location.
How long do homes stay on the market in Santa Monica?
As of Q4 2025, homes average 41 days on market. Homes near the beach or Montana Ave, when priced and presented well, often sell faster than average.
What renovations deliver the highest ROI in Santa Monica?
Invest in fresh paint, refinished floors, modern lighting, kitchen/bath updates, and staging. Energy-efficient upgrades and enhancing outdoor features also significantly boost appeal.
What do today’s Santa Monica buyers want?
Buyers prioritize turnkey condition, in-unit laundry, open layouts, modern kitchens, EV charging, and outdoor spaces. Walkability to shops, dining, and the beach remains a key plus.
Is staging a worthwhile investment for Santa Monica properties?
Yes. Staged homes, especially condos, sell faster and often fetch 5–10% more. Staging highlights lifestyle appeal, helping buyers envision living in the space.
Is Santa Monica currently a buyer’s or seller’s market?
The market is balanced but competitive. Well-priced, turnkey homes attract quick action. Inventory remains tight, especially near coastal and premium neighborhoods.
When is the best time to list a home in Santa Monica?
Spring brings peak activity, though good marketing and pricing can lead to successful sales any time of the year. Inventory trends and presentation often have the biggest impact.
Is investing in Santa Monica real estate a smart long-term move?
Yes. With limited supply, prestige, walkability, and stable rental demand, Santa Monica real estate, especially near the beach, tends to hold or grow value steadily.