Westside / Coastal Los Angeles · updated hourly
Are sellers negotiable in Santa Monica?
29% of active listings here have already cut their asking price, and the typical one has been on the market 18 days. Here's the full read.
Based on 34 active listings in Santa Monica.
What this means if you're buying
About 29.4% of Santa Monica listings have been reduced — meaningful, but not a fire sale. Well-priced homes still move quickly here, so the negotiating room is in the listings that have sat, not the fresh ones.
What this means if you're selling
Your competition is largely holding price, and the typical listing is finding its buyer in about 18 days. Price to the comps and you should not need a reduction.
How we calculate it
We read every active listing in Santa Monica from our MLS feed and measure three things: what share have already reduced their asking price, how long the typical one has been listed, and how deep those reductions run. Price cuts carry the most weight because a cut is an action a seller took, not a condition they're enduring. We don't publish a score for a market with fewer than 25 active listings — too few homes to read honestly.
This describes the market, not any single home. A well-priced listing in a motivated market can still sell fast and at full price, and an overpriced one will sit in any market. Figures update hourly.
Go deeper on Santa Monica
- The Santa Monica neighborhood guide — what homes cost, where to eat, what's changing.
- Net proceeds calculator — what you'd walk away with selling here.
- Loan comparison — two mortgage offers side by side.
- California buyer's guide · seller's guide