ANDERSON | HURST | ASSOCIATES // Berkshire Hathaway HomeServices CA Properties
Santa Barbara, CA 93103
Single-Family Homes
ASHLEY ANDERSON: 805.618.8747 | PAUL HURST: 805.680.8216 | Both@AndersonHurst.com | www.AndersonHurst.com
Santa Barbara, CA 93103
Sat May 16 2026
This week the median list price for Santa Barbara, CA 93103 is $2,675,000 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has increased to 23.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $2,675,000 | |
| Median Price of New Listings | $2,674,500 | |
| Per Square Foot | $1,143 | |
| Average Days on Market | 68 | |
| Median Days on Market | 28 | |
| Price Decreased | 39% | |
| Price Increased | 0% | |
| Relisted | 13% | |
| Inventory | 23 | |
| Median Rent | ||
| Market Action | 46 | |
| Strong Seller's Market | ||
While this week the median price in this zip code didn't fluctuate much, we continue to sit at all time high prices. Watch for persistent downward shift in the Market Action Index into the Buyer's zone as a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $4,346,000 | 2,971 | 0.5 - 1 acre | 3 | 3.5 | 46 | 0 | 1 | 21 |
| $2,889,500 | 2,181 | 0.25 - 0.5 acre | 3 | 2 | 61 | 1 | 1 | 21 |
| $2,042,000 | 2,128 | 8,000 - 10,000 sqft | 3 | 2.5 | 88 | 1 | 1 | 87 |
| $999,000 | 1,388 | 6,500 - 8,000 sqft | 3 | 3 | 67 | 0 | 1 | 84 |