LA Condo Market Report July 2026: Santa Monica, the Westside, South Bay & West Hollywood

The Condo Experts track condo and townhome activity across more than 40 Los Angeles micro-markets — from Ocean Park in Santa Monica to North Redondo Beach to Spaulding Square in West Hollywood. This is our [MONTH/QTR] report, built on our own transaction data. Below, we answer the questions we hear most — with real numbers, not generalities.

IS NOW A GOOD TIME TO SELL A CONDO IN LOS ANGELES?

Short answer: yes, if the condo is prepared and priced correctly. Southern California condo sales recently hit their slowest pace in over two decades, but prices are holding — analysts describe it as a pricing plateau, not a correction. Demand has cooled, not disappeared. Over this same period, The Condo Experts closed 57% more transactions and 71% more sales volume than the year prior. The takeaway: deals are still very much happening for well-prepared condos. The slowdown is about transaction difficulty, not a lack of buyers.

WHAT IS THE AVERAGE CONDO PRICE PER SQUARE FOOT IN SANTA MONICA RIGHT NOW?

Santa Monica is not one market. It's several. Price per square foot varies widely between Ocean Avenue, North of Montana, Wilshire-Montana, Wilshire-Olympic, Sunset Park, Ocean Park, and the 26th-to-Bundy corridor. The full sub-market breakdown is in the data table below.

HOW IS THE WESTSIDE LA CONDO MARKET PERFORMING?

Across Brentwood, West LA, Venice, Marina del Rey, Playa Vista, and Playa del Rey, well-prepared condos are trading while unprepared ones sit. Marina del Rey alone splits into the Peninsula, the Loft District, and the areas east and west of Lincoln, each with its own pricing. The full sub-market breakdown is in the data table below.

HOW IS THE SOUTH BAY CONDO MARKET PERFORMING?

From El Segundo down through Hermosa Beach, North and South Redondo Beach, the Torrance sub-markets, and the Palos Verdes peninsula, South Bay condo activity remains healthy for well-positioned condos. North and South Redondo behave quite differently — South Redondo commands a walkability premium near Riviera Village, while North Redondo offers value-oriented townhome inventory. The full sub-market breakdown is in the data table below.

WHAT ABOUT THE WEST HOLLYWOOD CONDO MARKET?

West Hollywood condos span Norma Triangle, the Mid-Rise Belt, Tri-West, the La Brea Corridor, and Spaulding Square — each carrying a distinct price point and buyer profile. The full sub-market breakdown is in the data table below.

WHY DID THE MARKET SLOW BUT PRICES HOLD?

Because the slowdown is a transaction-friction problem, not a demand problem. Rising HOA dues, pricier insurance, stricter financing, and new Fannie Mae and Freddie Mac condo rules make deals harder to close — but they don't reduce what buyers are willing to pay for the right condo. Prepared buildings still finance cleanly and sell. Unprepared ones stall. That gap is the whole story of this market.

Want to know where your building stands? Let's talk.

HOW DO I KNOW WHAT MY CONDO WOULD ACTUALLY SELL FOR — AND WHAT I'D NET?

The neighborhood average isn't your number, and neither is a single list price. Condition, floor, view, and building health move a unit far off the average. So instead of one guess, we sit down with you and build three pricing strategies — premier, appraisal, and aggressive — each with a full estimated closing statement showing exactly what you'd walk away with. That's how a "number" becomes a real decision. It's work we do together, not a form you fill out — and we've done nothing but condos and townhomes for 25 years.

Curious what you'd actually walk away with? Let's build it out together.

Or call us to get started: (310) 494-2979

The Condo Experts Market Report is published by Brian Maser and The Condo Experts — 25 years, $1B+ sold, condos and townhomes only. condosalesexperts.com