1. States
  2. /California
  3. /Los Angeles County
  4. /Santa Monica
CSALos Angeles-Long BeachMSALos Angeles-Long Beach-Anaheim#14/122 Home Value

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Showing latest year with year-over-year changes. Full permit history available with a paid plan. View plans →

Year

Insightsi

Construction activity in 2024 was down 36.5% from the prior year, with 418 housing units permitted.

  • •318% more units than the average Los Angeles County town (100), suggesting faster-than-typical growth.
  • •Average unit valued at $115K — 45% below the Los Angeles County average of $210K, indicating more affordable construction.
  • •74.9% of new units were multi-family (apartments, condos, duplexes).

Total Unitsi

418 ▼ 36.5%

2024

Total Valuei

$48.2M ▼ 44.9%

2024

Single-Familyi

25.1%

105 units

Multi-Familyi

74.9%

313 units

Santa Monica vs. Avg. Los Angeles Co. Town (2024)i

Santa MonicaAvg.Diff
Total Unitsi418100+318%
Total Valuei$48.2M$21.0M+129%
Single-Familyi10551+106%
Multi-Familyi31349+539%
Buildingsi14055+155%
Value / Uniti$115K$210K-45%

Housing Units Permittedi

Solid line is Santa Monica; dashed line is Los Angeles County average.

Construction Valuei

Solid line is Santa Monica; dashed line is Los Angeles County average.

Census BPS