A costal community which borders the Pacific ocean on the west, Pacific Palisades and Brentwood on the north, West Los Angeles and Mar Vista on the east, and Venice on the south. As of the 2000 census, the city had a population of 84,084, but an early 2006 estimate has the population at 103,255.
Because of its agreeable weather, Santa Monica had become 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 Third Street Promenade is a major outdoor pedestrian oriented shopping district that stretches for three blocks between Wilshire Blvd. and Broadway Blvd. Montana Avenue north of Wilshire is also a quaint commercial street for local residents.
Q3 2019 for the period ending September 30, 2019 per the Multiple Listing Service and Equity Title:
The average single family home sale was $3,398,727 for a 2,817 square foot home on a 7,733 square foot lot. A total of 52 homes sold in an average of 55 days on market.