Homes, condos and land for sale and rent in Santa Monica, CA
We believe factual information is key. In our industry we are fortunate to be able to cull statistics on sold properties. Our team publishes Market Report for Santa Monica: closed sales, active listings, minimum, maximum and median price.
Our Reports are the most in depth, as well as several price categories and Number of Homes Sales, Total Home Sales Volume, and Median Home Sale Price. Thereby giving you rich insight – hyper local information about specific area of interest.
Opinions, frankly, are of little value when you need the hard facts. And hard facts are what our Market Reports provide.
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Santa Monica geography
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Brief information about Santa Monica
Due in part to an agreeable climate, Santa Monica became a famed resort town by the early 20th century. The city has experienced a boom since the late 1980s through the revitalization of its downtown core, significant job growth and increased tourism. The Santa Monica Pier remains a popular and iconic destination.
The Census reported that 87,610 people (97.6% of the population) lived in households, 1,299 (1.4%) lived in non-institutionalized group quarters, and 827 (0.9%) were institutionalized.
There were 46,917 households, out of which 7,835 (16.7%) had children under the age of 18 living in them, 13,092 (27.9%) were opposite-sex married couples living together, 3,510 (7.5%) had a female householder with no husband present, 1,327 (2.8%) had a male householder with no wife present. There were 2,867 (6.1%) unmarried opposite-sex partnerships, and 416 (0.9%) same-sex married couples or partnerships. 22,716 households (48.4%) were made up of individuals and 5,551 (11.8%) had someone living alone who was 65 years of age or older. The average household size was 1.87. There were 17,929 families (38.2% of all households); the average family size was 2.79.
The population was spread out with 12,580 people (14.0%) under the age of 18, 6,442 people (7.2%) aged 18 to 24, 32,552 people (36.3%) aged 25 to 44, 24,746 people (27.6%) aged 45 to 64, and 13,416 people (15.0%) who were 65 years of age or older. The median age was 40.4 years. For every 100 females there were 93.2 males. For every 100 females age 18 and over, there were 91.2 males.
There were 50,912 housing units at an average density of 6,049.5 per square mile (2,335.7/km²), of which 13,315 (28.4%) were owner-occupied, and 33,602 (71.6%) were occupied by renters. The homeowner vacancy rate was 1.1%; the rental vacancy rate was 5.1%. 30,067 people (33.5% of the population) lived in owner-occupied housing units and 57,543 people (64.1%) lived in rental housing units.
According to the 2010 United States Census, Santa Monica had a median household income of $73,649, with 11.2% of the population living below the federal poverty line.