
Market update
Santa Monica Monthly – May 2026
REGINA VANNICOLA
310.625.2061

Home Prices Surge Again, Despite Affordability Strain
Home values climbed in most metro areas during the first quarter, adding to homeowner equity even as affordability pressures continue to weigh on buyers.
According to the National Association of REALTORS®, 71% of the 235 metro markets tracked experienced price increases, with more than a dozen posting double-digit gains.
The national median price for existing single-family homes reached $404,300 in Q1, reflecting a modest 0.5% increase year over year.
Although annual growth has slowed, the broader trend remains intact. As NAR Chief Economist Lawrence Yun noted, home prices are still rising across many markets, continuing to build housing wealth for a majority of homeowners.
Source: nar.realtor
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Food Obsession of the Month

Cobb Egg Salad
Egg salad is a classic potluck side that really shines during the summer months. While the traditional version is always a favourite, this Cobb-inspired twist takes it up a notch. With bacon, blue cheese, avocado, and tomatoes, it combines all the best elements of a Cobb salad into a fresh, flavour-packed egg salad that’s perfect for BBQs and warm-weather gatherings.
Source: Delish
Local Happenings

MAIN STREET FARMERS MARKET
MAY 24, 2026 | 8:30 AM - 1:30 PM | SANTA MONICA, 90405
The Sunday Main Street Farmers Market features a wide selection of fresh California produce, local restaurant offerings, and artisanal foods made with regionally sourced ingredients. Enjoy live music, rotating entertainment, and family-friendly activities including face painting, and more!

11TH ANNUAL MAINOPOLY: TASTE OF MAIN STREET RETURNS!
MAY 24, 2026 | 1:00 PM - 5:00 PM | ALONG MAIN STREET, SANTA MONICA, CA 90405
An interactive, all-ages food walk inspired by the classic board game, featuring tastings from Main Street restaurants. Explore, sample signature dishes, and enjoy one of Santa Monica’s most popular annual culinary events.

regina Vannicola
REALTOR®
310.625.2061
REGINA@REGINAVANNICOLA.COM
DRE 01389034
COMPASS · DRE 01991628
1333 Montana Avenue
Santa Monica, CA 90403
