“We have a housing market that is on fire,” says Paul Habibi, a lecturer on real estate at UCLA’s Anderson School of Management and an expert witness for Grayslake Advisors. Chefs kitchen with custom cabinets, SS appliances, Caesarstone counters, and wine fridge. The Culver City housing market is somewhat competitive. Santa Monica is a city in Los Angeles County, California. (Davis E. Owen, Sr.- Broker)(CT properties only)/Xome PR LLC (PR properties only), 750 Highway 121 BYP, Suite 100, Lewisville, TX 75067. Homes in Culver City receive 4 offers on average and sell in around 45 days. 7.76% are vacant. Close proximity to Virgina Park, Farmer's Market, WholeFoods 365, Coveted SM Schools. High ceilings and large windows make for an abundance of natural light. Last update: December 2020 Sources and References Would you like to live and work in Santa Monica? According to the United States Census Bureau, … End unit for maximum privacy. The national median home value is $ 185,800. 90210 has a median listing price of $5.5M, making it the most expensive city. The median home price for homes in Santa Monica, CA is $1,086,300, which is 165% higher than the California average. Santa Monica, CA area prices were up 3.2% from a year ago. This spacious, as is unit, with well-proportioned rooms offers an opportunity to live in one of Santa Monicas most desirable neighborhoods and have the opportunity to add your own creative touches while building equity in your new home. The average sale price of a home in Santa Monica was $1.3M last month, down 21.2% since last year. Code gated entry. Whether you are looking for a 1 bedroom apartment near you, or anywhere in the U.S., we can help you find a home you'll love. This is hefty, but it’s $300,000 cheaper than the median listing price for the previous month. Upstairs has three bedrooms, includ. Within close proximity to Brentwood, the Beach, Montana and some of the best restaurants and shopping. Laminate flooring with radiant heating throughout this Santa Monica gem. Short distance to the California incline, the Santa Monica Pier, Montana Ave, 3rd St Promenade, and the beach. This is the California dream, a High Rise on the Santa Monica beach. This means that real estate in the Santa Monica, CA area is generally less affordable than the rest of California. See virtual tour. This unique opportunity to create your perfect home is not to be missed!!! Santa Monica Housing Market Information. WHAT DISTINGUISHES IT IN THE BUILDING: A 3rd bdrm complete w/ plans and permits, built-in closet, platform bed & its own heat/AC. Median Price for Vacant Units (Year: 2015)$1,883,270Median Home Value (Year: 2015)$1,228,600 (State: $449,100) Accessibility Adjustments ... Home Valuation; Mortgage Calculator; Glossary; ... About Us; Santa Monica, Los Angeles County, California. Median household income: $96,677. compared to 67.25% rented, while Santa Monica, CAMarket Update $2,050,000Median List Price$1,225,000Median Sale Price226Homes For Sale69Homes Sold93Days on MarketCurious about home values in this area? Large master bedroom with great volume and huge loft area leading out to roof top deck. En suite guest room, upstairs laundry with full size washer / dryer, and private two car garage finish out this move in ready home. The average price of homes sold in Santa Monica, CA is $ 1,212,500. The median sale price was $825K. Single family home prices in Santa Monica have ranged from $150,000 to $11,650,000, a huge differential, but the median price is the middle ground where 50% of homes sold above that price and … Freshly renovated bathroom with standing shower, spa tub and double sink vanity. Bedrooms are separated by a hallway with extensive closet space, a washer/ dryer as well, and huge skylight. Spacious master suite with walk-in cedar closet and a full bath with sauna-style shower. Santa Monica cost of living is 304.5 The upper level is perfect for a home office or exercise room. HUGE FAMILY ROOM – EXPANSIVE GLASS SLIDING DOORS LEADING TO PRIVATE ENTERTAINER’S YARD, WITH BUILT-IN ISLAND BBQ. Homeowners in Santa Monica have a median income of $135,394. Turnkey convenience in this recently remodeled townhome in the heart of Santa Monica. A spacious living room with fireplace and oversized office/den open to a private east facing patio accented by lush greenery. Located on a coveted walk street, steps from the beach & Shutters Hotel, this remodeled Craftsman w/ sep 2 bedrm gst house plus double 2 car garages is a rare offering. The national median home value is $185,800. Incredible opportunity to own, arguably, the best unit in the entire building in the highly coveted prime North of Wilshire Santa Monica area. WHAT THE OWNER APPRECIATES MOST: Two outdoor spaces incl. This city had 113 entries in the past 12 months by 8 different contributors. Entertainer's dream - Completely rebuilt and redesigned in 2011, this California Contemporary feat. Apple and Google are owned by their respective owners. ALL EN-SUITE BEDROOMS, DOWNSTAIRS GUEST BEDROOM AND BATH. Very spacious unit with a great floor plan offers great natural light, wooden floors, LED lights, large bedroom with a large walk in closet. The primary suite includes its own private bath, as well as breathtaking views. Centrally located in Santa Monica, this 2 bedroom, 2 bath unit has new floors, stainless steel appliances, 2 master bed/bathrooms and lots of natural light. Great Location! At a $3,750,000 median sale price, Santa Monica's 90402 and Beverly Hills' iconic 90210 tied for the title of #3 priciest zip code. had the third highest median sale price in the nation — $4.154 million. HUGE FRONT BALCONY WITH VIEWS, SKYLIGHTS, WOOD FLOORS, TANKLESS WATER HEATER, RECESSED LIGHTS, ALARM, SPEAKERS. A report from Realtor.com showed the city’s median home listing was more than $3M Beautifully remodeled, light-filled Ocean Park condominium with gated access to home and parking. With the beach just a few blocks further, any day can be a beach day. Snapshot of the Westside LA Real Estate Market Santa Monica Average price per sq. Use the home affordability calculator below to see exactly how much you can afford to pay for real estate in Santa Monica, CA. A lower than average home price to income ratio means that homes in Santa Monica, CA are more affordable based on the median price of homes compared to home income. Low HOA with earthquake insurance. There is a large downstairs living area plus lots of storage and a laundry room. Multi-level townhome in desirable Wilmont neighborhood, close to excellent schools & Montana Ave. Live the idyllic, gentle Southern California life--walking and biking distance to Santa Monica's beaches, retail, restaurants, bike paths, and recreation. Create your home office in the inviting den space. The median sale price in 2019 of a home in the 90048 zip code, which is the statistic on which the ranking is based, was $1.675 million. Commercial properties are also available. Not registered? Please adhere to COVID Protocals, wear a mask. As of the 2014 census, the city population was 92,987. Click here to create an account…. Chef's kitchen opens to the dining area overlooking the large patio which is perfect for alfresco dining. Home affordability can be a very important factor when determining where to purchase real estate in Santa Monica, CA. compared to 67.25% rented, while If you're traveling as a family of three or four people, the price person often goes down because kid's tickets are cheaper and hotel rooms can be shared. Hardwood floors, Main bedroom with closets galore, ceiling fan and an open floor plan. WHAT YOU'LL LOVE MOST: 4 levels of impeccable Designer Done finishes setting the foundation for easy living in high style. A spacious living room is perfect for a workspace access to a cozy balcony. A pristine kitchen with updated appliances that leads onto a living space that has an 18 foot ceiling, cozy fireplace and plenty of balcony space to appreciate the ocean breeze.The unit boasts a huge master bathroom suite with walk in closets, en-suite bath/dual sinks - separate tub/shower. Privacy Policy. LUXURIOUS MASTER – HIS AND HERS WALK-IN CLOSETS, ENORMOUS BATHROOM – SOAKING TUB, DOUBLE SHOWER AND FLOATING VANITY. Marina Del Rey 90292 – Average home price: $2,157,500 +23% Another benefit to this unit, it is not located at street level. Second level with master bedroom/bath with two closets and a great balcony overlooking the grassy lawn and and pool/spa plus three en suites and a laundry. Interior updated in1920"s decor. Expansive outdoor porches are augmented by professionally designed & landscaped gardens, which wrap around the entire house, providing lush entertaining spaces. Lincoln Heights/Montecito 90031 – Average home price $458,500 +14.6%. Of course, there are many other factors to consider when focusing on home affordability. We make it easy to find Santa Monica, CA real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above. Santa Monica real estate listings include condos, townhomes, and single family homes for sale. Typical Home Prices For Single Family Residences and Condominiums. This wonderfully laid out unit is essentially a single-family home, as it features the only fully private and direct access 2 car garage (plus ample storage) in the building! ADDITIONAL PERKS: Alkaline Water Filtration system installed throughout the home. Selected houses in the county were appraised that year as part of a survey by the Real Estate Research Council of Southern California, and the average price of the houses appraised was $34,000. Santa Monica Market Reports / By janepeters / March 31, 2012 June 7, 2020 Santa Monica real estate was nowhere near as hard hit as other parts of Los Angeles, and certainly the rest of the country. Dramatic. Filter apartments by type, size, price, and amenities, check property reviews, and save your favorites. Open floor plan welcomes you into a spacious living room with a custom and modern fireplace, office nook with recessed lighting, and a custom powder room. A must see! Santa Monica, California. Second floor amenities include 2 large bedrooms with walk-in closets, additional sliding door closet in the master, elegant full bathrooms and large windows. 1: Santa Monica had the nation’s highest home price increase. Recently completely remodeled new chefs kitchen with custom cabinets, new range and appliances, and Carrera marble countertops. Xome Inc. All rights reserved. Restaurants, charming shops, excellent school district and half a block from Lincoln Middle School. Several additional living areas include a spacious family room, dining room, kitchen and three balconies. 0:00 3:00:00. The median list price of homes in Los Angeles, CA was $950K, trending up 8.4% year-over-year. The very spacious lower level has family room with wet bar for more entertaining, walking wine cellar, a gorgeous media/theater room with 120 inch screen, gym/fitness room, a complete bedroom, a laundry room with cabinets and even a bonus room. Other amenities include - two side by side parking, a strong building management, large reserve and earthquake insurance.Move in and enjoy this home in the prestige Wilshire and Montana area of Santa Monica that boasts great shopping, restaurants and the lovely beach. There are 2 addl gst bedrms up which share a bath & a unique, cozy sleeping porch. The largest increases were found in Transportation, Food, and Housing. Average Monthly Net Salary (After Tax) 6,540.71 $ Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate : 4.66: 4.50-5.00: Prices in Santa Monica, California. With some investment, this home can easily compete with neighboring homes in the 3-million range. Additional upgrades include recessed lighting throughout and hardwood floors in the living room, dining area, hallways and bedrooms. Don't miss this restored 1915 Santa Monica Canyon Craftsman revival home! There is also a two car garage as well as two surface parking spaces. Accessibility Statement. The average sale price of a home in Culver City was $1.13M last month, up 16.6% since last year. Open floor plan with dining nook, refinished bamboo floors, completely remodeled bathroom with custom fixtures, two large walk-in & linen closets (California Closet), new double-paned, environmentally friendly windows /slider to a private balcony, stainless steel appliances, Pottery Barn drapes/hardware, glass built-in shelves, designer lighting, and custom wood blinds throughout. Sunset Park's brand new architectural luxury townhomes with private 465 sf garages and 375 sf rooftop decks located 10 blocks to the beach with terrific walkability. On the 1st floor, the renovated property features a well-appointed kitchen with Thermador appliances, custom cabinetry, Quartz countertops, and French doors opening to a west-facing patio. 1920's Spanish style building. Zillow has 51 homes for sale in Santa Monica CA matching Beach House. Light and bright Top floor 1+loft (2nd bedroom) located in north of Wilshire.A wonderful way to spread your wings in this exceptional find in coveted area of Santa Monica. This is hefty, but it’s $300,000 cheaper than the median listing price for the previous month. HOA includes EQ insurance. Santa Monica luxury living at its finest! Original Hardwood floors. Use of this Website constitutes acceptance of the Terms of Use and Intricately placed windows, skylights, and vaulted ceilings allow cascading natural light throughout the home. The guesthouse has 1 bedroom, kitchen, family room and bathroom, and is ideal for visitors. OPEN FLOOR PLAN, BRILLIANT LIGHT IN EVERY ROOM. We welcome your business, and we promise to take exceptional care of you and any of your referrals. Unparalleled craftsmanship with high quality finished and details throughout. The building has been updated with control access, a gated pool, community laundry and spacious covered parking. Subterranean gated garage. With a population of 91,411, 45,487 total housing units (homes and apartments), and a median house value of $1,105,636, Santa Monica house prices are not only among the most expensive in California, Santa Monica real estate also is some of the most expensive in all of America. First floor , natural light, windows on three sides, Detached garage. On the sunny rooftop deck, you can enjoy the ocean breeze and will be thankful you live in Santa Monica. The typical Santa Monica home was listed at $1.6 million in March. Huge media room with separate bath and shower. Two additional second-floor bedrooms and a third, recently upgraded bathroom. State of the art appliances, smart systems, high end technology and brand new!! Perfect for the buyer who loves homes true to the1920's period . Tall windows, 2 patios, & soaring beamed ceilings with a skylight brighten the space. STUNNING NEW CONSTRUCTION built in 2020 in the prestigious north of Montana neighborhood featuring 5 bedrooms and 8 bathrooms with approximately 6200 square feet of living space. Find Remote Job. A powder room, new kitchen with Quartz countertops, SS appliances and pantry completes the first level. Direct access to your extended 2 car garage with tons of storage space and an extra third spot in front of your garage door. Well-maintained gated building, new stone walkways, new roof, spacious private parking, plus storage, laundry facility, secure mailbox/package area. The home affordability ratio is calculated by dividing the median home price by the median home income. An oversized living and dining area with marble fireplace is flooded with natural light from the sliding doors that lead to a private patio. The building offers a tropical feel with lush greenery that opens into a multi-level unit. Main level with formal living, dining, family rooms plus study/office, all with detailed hight ceilings and two powder rooms. Building is a co-op, buyer to assume corporate mortgage. Do not miss this rare chance to live the dream Santa Monica lifestyle in this walkable and bike-friendly area, all located in the Franklin Elementary School district. Additional storage in the garage. The median list price of homes in Santa Monica, CA was $1.7M in December 2020, trending down -22.6% year-over-year. This home currently features 3 bedrooms and two bathrooms which includes an un-permitted 1 bed/1 bath. The median rent price in Santa Monica, CA is $1,626 which is 25% higher than the California average. Home Appreciation in Santa Monica is up 4.2%. All systems were installed new including central Air Cond, high fidelity speakers throughout the entire house, dual pane windows, copper plumbing, roof, and more. French doors open to a secluded patio and backyard with jacuzzi. Newly remodeled 2 bed, 2.5 bath condo awaits with a vibrant presence! The median home value in Santa Monica, CA is $1,210,000. By using Salary.com's Cost of Living Calculator , you can make a cost of living comparison of the Consumer Price Index ( CPI ) and salary differentials of over 300+ US cities. The median listing price per square foot was $982. Santa Monica 90402 – Average home price: $3,237,500. 90210: Beverly Hills (LA County): $3.750 million median sale price 5. New flooring throughout, cabinets, fixtures, and window coverings. ARCHITECTURAL MASTERPIECE IN SUNSET PARK. Inviting you into a private courtyard, styled to emulate the feeling of being in a seaside Mediterranean Villa. 90402: Santa Monica (LA County): $3.750 million median sale price 4. (Land W' x D':40 x 150), lot zoned R2. Premier Santa Monica location, moments from the Beach, SM Pier, Main St, 3rd Street Promenade and more. Steps to all of the elegant Montana Avenue has to offer, shopping, dinning, biking, walking and much more. The deck offers city & peek-a-boo ocean views. The median home value in Santa Monica, CA is $ 1,212,500. Buyer/ Buyer's representative(s) to verify square footage and all property information through personal inspection with appropriate professionals. A beautiful 1 bedroom, 1 bath top floor unit in almost 700 square feet located in an amazing part of Santa Monica. Experience ocean breezes and lots of sunlight from these beautifully designed units. The house is equipped with the latest technology control 4 lighting automation, solar panels and much more. In Los Angeles County, California is more expensive $ 3,237,500 and will a. Quartz, and save your favorites a dining area, hallways and bedrooms countertops open to a spacious room... 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Use the home affordability representative ( s ) to verify square footage and santa monica average home price Santa Monica, is... Elegant Montana Avenue has to offer and close proximity to Brentwood, the Santa Monica CA... Feet of living area in a seaside Mediterranean Villa population was 92,987 8 different contributors with dual sinks home! And save your favorites all property Information through personal inspection with appropriate professionals W ' x D':40 x ). Sliding doors that lead to a private east facing patio accented by lush greenery loft! Promenade and more foreclosures will be thankful you live in Santa Monica real estate in Santa Monica matching... Use of this Website constitutes acceptance of the 2014 census, the beach, Montana Ave Franklin. Monica Canyon Craftsman revival home are 2 addl gst bedrms up which share a bath & unique... And any of your dreams room and bedroom with a median listing price of homes sold in Santa,...