Santa Monica housing inventory tracker: September 2026

Santa Monica sellers listed into a looser market in September 2026. Active inventory stood at 224, up 56 listings from the same month last year, and the count is at its highest point of the 24-month window. Here is the monthly history and the neighborhood breakdown.

TurboHome Market Analysis · Santa Monica, California · Data through September 2026

Key findings

• Santa Monica had 224 active listings in September 2026, +33.3% versus 168 in September 2025 and +15.5% versus 194 in August 2026.
• Single family homes: 73 active in September 2026 versus 59 a year earlier (+23.7%). Condos: 142 versus 92 (+54.3%).
• Townhouses: 8 active versus 15 a year earlier (-46.7%).
• Condos made up 63% of active inventory and single family homes 33%.
• September 2026 is the highest monthly count in the 24-month window. The low was 100 in Dec 2025.
• North of Montana had the most active listings of any tracked neighborhood (51 in September 2026, versus 32 in August).

Chart 1: Santa Monica active listings by property type, Oct 2024 to September 2026

• All active listings
• Single family
• Condo
• Townhouse

Chart 2: Santa Monica active listings by neighborhood, September 2026 vs August 2026

• Sep 2026
• Aug 2026

1. North of Montana5132
2. Wilshire / Montana4844
3. Ocean Park3234
4. Pico2014
5. Downtown Santa Monica1110
6. Northeast1111

0204060

Market context

The Westside condo market is where price pressure is showing first. The Santa Monica Observer, citing Realtor.com and C.A.R. data, reported Los Angeles County active listings near 15,400 in September 2026, about 4% higher than a year earlier, a 3.9-month unsold inventory index, and roughly 37% of condo listings with a price reduction in early October, a record in some datasets (source). Zillow data cited by first tuesday shows Los Angeles metro inventory essentially flat at about 26,000 listings, up 0.5% year over year (source).

Nationally, the backdrop is weak demand and slowly building supply. Freddie Mac's survey put the average 30-year fixed rate at 7.32% on October 22, 2026, down from 7.40% the week before but well above 6.19% a year earlier (source). Redfin counted 281,749 pending sales in the four weeks ending October 18, down 14.4% from a year ago and the lowest level in its records, while active listings nationwide were up 2.1% (source).

What it means for buyers in Santa Monica

Buyers in Santa Monica have more to choose from than a year ago. With 224 active listings, +33.3% above September 2025, you can afford to be selective, ask for repairs or credits, and walk away from a home that is priced for last year's market. Condo shoppers have the most leverage: 142 condos were listed versus 92 a year earlier. Start with North of Montana, which had the deepest pool of listings in the city.

What it means for sellers in Santa Monica

Sellers face more competition. Every listing in Santa Monica is up against 223 others, and the count has been climbing since Dec 2025. Price to the most recent comparable sales rather than to spring asking prices, make the home show-ready before the first weekend, and expect buyers to negotiate on inspection items. Listings in North of Montana saw the sharpest one month increase in nearby competition.

How TurboHome helps

TurboHome is a flat fee brokerage licensed in California and Texas. Our in-house, licensed local agents handle touring, analysis, offers, negotiation, and closing, and we split the buyer side commission with you. You can take your TurboHome Rebate as cash at closing, use it to strengthen your offer, or use it to buy down your mortgage rate, which matters when rates sit above 7%. In a looser Santa Monica market, that rebate is money you keep rather than money that goes to a traditional commission. Talk to a TurboHome agent about buying in Santa Monica or read how the buyer rebate works in California.

Methodology

TurboHome analysis of MLS data via Snowflake. Active listing counts are month-end snapshots of listings with an active status inside Santa Monica city limits, from Oct 2024 through September 2026, the latest complete month. Deleted or withdrawn records are excluded. Property types shown are single family residences, condominiums, and townhouses; the all listings total also includes other residential types such as duplexes and manufactured homes, so the three columns do not sum to the total. Neighborhood counts cover neighborhoods with at least 5 active listings in September 2026 and are limited to the 8 largest by current count. Neighborhood figures are compared month over month only, because the share of listings assigned to a named neighborhood has grown over the past year and a year over year neighborhood comparison would overstate the change. All figures are aggregates; no individual listing data is published. Counts come from the MLS feeds TurboHome tracks and can differ from county or metro figures published by local Realtor associations, which use different boundaries and definitions.

FAQ

Related pages

• Los Angeles housing inventory tracker: September 2026
• TurboHome buyer rebate in California
• San Francisco housing market
• TurboHome vs Redfin

About the Author

Vinura Abeysundara

Vinura Abeysundara is a real estate and growth professional with experience scaling homebuying platforms across Canada and the United States. Formerly Head of Growth at Zown, he now works with TurboHome and writes about homebuyer savings, flat-fee real estate, commissions, and technology in real estate.

View Vinura on LinkedIn

About Kevin Kretzmer

Head Agent, California

Kevin Kretzmer leads TurboHome's California agent team and reviews California and national buyer guidance for practical brokerage accuracy.

View Kevin's profile