Santa Monica Real Estate Market
Santa Monica, CA, is known as a place of beauty, featured in music and videos as an ideal destination for those who want to escape reality for a little while. With approximately four miles of beaches worth exploring, it comes as no surprise that it’s a hot destination for those looking to relocate to Los Angeles County.
With average housing costs falling at 46 percent higher than the national average, the Santa Monica area is considered a luxury housing market with prices to match. However, as of March 2021, the average price for a home on the market was down by about 6.1 percent compared to last year, with an average selling point of $1.7 million.
Santa Monica Highlights
Santa Monica is more than a trendy California town to visit when you’re in the area. It’s also home to some of the most highly rated schools in the Los Angeles County area, making it an outstanding option for those looking to send their children to the best preschools through high school.
If you’re looking for family-friendly entertainment opportunities, the options truly are endless. The Santa Monica Pier is one of the top attractions in the area, thanks to its stunning views and variety of shops, rides, and even the Santa Monica Pier Aquarium. There are plenty of waterfront attractions to explore, including the Annenberg Community Beach House, which features several child-friendly water features.
Of course, if you’re looking for options to hit the town after dark, there is something for everyone. Santa Monica has a bustling nightlife, and both residents and tourists can check out a variety of bars, lounges, clubs, and breweries. No matter what your tastes, there is something fitting for everyone! Of course, don’t be afraid to try something new, as your next new favorite may be just around the corner.
Properties for sale in Santa Monica
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