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Pico is a sought-after neighborhood in Santa Monica, CA. Browse available listings to find your perfect home in this neighborhood.
Santa Monica Market Report
Median Home Price
$6.00M
↑ 210.9% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
5.0 months of supply
Balanced Market234 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~52 days.
Sales Velocity
How fast homes are selling
Homes are taking longer to sell—buyers have more time to negotiate and explore options.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.4M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$2.1M)
Price Reductions
73 listings have reduced their price
31% of active listings
Average reduction: 7.1% (~$110K)
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