Santa Monica 90402 Home Prices Reach All-time High

The median sales prices for single family homes in Santa Monica (90402) has reached an all time high in February 2018, coming in at $3,995,000.  Prices are up a whopping 83% since the low reached in February 2010, when the median home price was $2,187,500. 

Check out the graphs below for pricing trends in Santa Monica 90402.

(Top graph) SANTA MONICA 90402 | 10-Year Median Sale Prices – Single Family Residences

(Bottom graph) SANTA MONICA 90402 | 10-Year Average Price Per Square Foot – Single Family Residences

The record sale for Santa Monica 90402 was located at 1525 San Vicente Blvd and closed in March of 2014 for $24,500,000.

Riviera Country Club Trophy Estate on 1.3 Acres
Original List Price: $34,995,000
Closed Sale Price: $24,500,000

Listing Agent: Drew Fenton, Hilton & Hyland

 

“The price of anything is the amount of life you exchange for it.” — Henry David Thoreau

All property data taken from CRMLS for select West Los Angeles areas for the time period January 1 through March 14, 2018.  Single Family Residences only. Information is deemed accurate but not guaranteed.

Share This Post
Written by DIGS
DIGS – the largest and most influential real estate lifestyle media platform in Southern California serving the affluent coastal neighborhoods of Manhattan Beach, Hermosa Beach, Redondo Beach, Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills Estates, Rolling Hills, El Segundo, Playa Vista, Playa del Rey, Marina del Rey, Venice, Santa Monica, Malibu, Pacific Palisades, Brentwood and Beverly Hills. Our hyper-local and innovative multi-channel media platform leverages today’s most relevant communication channels to deliver the highest engagement with your target audience. Our luxury portfolio of print magazines combined with our robust digital media platform provides unsurpassed 360˙ marketing velocity for your business.
Dig this article? Give it a like!
0 0