As someone deeply involved in the Santa Monica real estate scene, I’m always tracking how our local market fits into the bigger picture. Even with higher mortgage rates, LA’s home prices continue to climb. Newport Beach is seeing a remarkable 10.8% year-over-year jump, now averaging $3.72M, while Hidden Hills stands out with a 6.8% increase to $5.31M. These numbers underscore the resilience and ongoing demand we’re witnessing across the metro area—a trend I keep top of mind when advising my clients here in Santa Monica. Staying accessible and informed helps me guide you through these shifts with confidence.
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