This is the October 2026 market update for North of Montana, Santa Monica: what sold, for how much and how quickly, how the month compares with a year earlier, and what it takes in income to buy here at today’s rates. The figures are closed sales recorded in CRMLS.
North of Montana Home Sales in October 2026
10
Homes Sold
14 in Oct 2025
$7.91M
Median Price
▲ 59.5% vs Oct 2025
$1,727
Median $/Sq Ft
▲ 15.2% vs Oct 2025
17
Median Days on Market
55 in Oct 2025
97.0%
Sale-to-List
99.2% in Oct 2025
$74.3M
Sales Volume
▲ 12.8% vs Oct 2025
In October 2026, 10 homes sold in North of Montana at a median price of $7,912,500, up 59.5% from October 2025. That was fewer sales than the 14 of October 2025.
In October, the typical home sold in 17 days at 97.0% of its final asking price, compared with 55 days a year earlier. Buyers had real room to negotiate below asking.
Sales totaled $74.3M in October, against $65.8M in October 2025. October’s median was the highest of any month in the past year. Over the last three months the median was $4,290,000 across 41 sales, a steadier figure than any single month.
What It Means
For buyers. You have leverage. Homes are taking longer to sell and closing below asking, so there is room to negotiate on price, credits and terms, especially on homes that have sat.
For sellers. Price from the recent sales, not the hoped-for number. Homes that start too high tend to sit and sell for less after price cuts.
The Year in North of Montana
Month by month over the past year, from CRMLS closed sales. A dash means fewer than three sales behind the figure.
| Month | Sold | Median Price | $/Sq Ft | Days |
|---|---|---|---|---|
| October 2026 | 10 | $7.91M | $1,727 | 17 |
| September 2026 | 15 | $3.57M | $1,764 | 29 |
| August 2026 | 16 | $4.08M | $1,407 | 21 |
| July 2026 | 12 | $6.96M | $1,658 | 66 |
| June 2026 | 14 | $5.03M | $1,417 | 13 |
| May 2026 | 19 | $4.65M | $1,651 | 20 |
| April 2026 | 14 | $3.99M | $1,877 | 20 |
| March 2026 | 12 | $2.7M | $1,662 | 27 |
| February 2026 | 9 | $4.47M | $1,672 | 114 |
| January 2026 | 7 | $3.9M | $1,417 | 20 |
| December 2025 | 13 | $6.7M | $2,052 | 60 |
| November 2025 | 9 | $3.9M | $1,497 | 12 |
| October 2025 | 14 | $4.96M | $1,499 | 55 |
How Much Income Do You Need to Buy a Home in North of Montana?
At North of Montana’s October 2026 median of $7,912,500, a buyer putting 20% down would need a household income of about $187,036 a month, or $2,244,432 a year, to keep housing costs near 28% of gross income, the traditional lending guideline.
| Purchase price | $7,912,500 |
|---|---|
| Down payment (20%) | $1,582,500 |
| Loan amount | $6,330,000 |
| Principal and interest (7.24%, 30-year fixed) | $43,139 |
| Property tax (about 1.1% a year) | $7,253 |
| Homeowners insurance (estimate) | $1,978 |
| Monthly housing cost | $52,370 |
| Income needed, monthly | $187,036 |
| Income needed, yearly | $2,244,432 |
An illustration only, not an offer of credit or a loan estimate. It assumes the 7.24% average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey for October 29, 2026; jumbo loans, points, credit and down payment change the actual rate and APR. Property tax and insurance are estimates, and HOA dues and Mello-Roos taxes are not included. Many lenders allow a higher share of income for housing, and a larger down payment lowers the income needed.
Closed sales of single-family homes, condos and townhomes recorded in CRMLS, as of 2026-11-13. Sale-to-list compares each sale price with the final asking price. Figures are deemed reliable but not guaranteed.
See the North of Montana guide for homes for sale and the market right now.
