ANDERSON | HURST | ASSOCIATES // Berkshire Hathaway HomeServices CA Properties

Santa Barbara, CA 93101

Single-Family Homes

ASHLEY ANDERSON: 805.618.8747 | PAUL HURST: 805.680.8216 | Both@AndersonHurst.com | AndersonHurst.com



Santa Barbara, CA 93101

Sat Feb 27 2021
This week the median list price for Santa Barbara, CA 93101 is $1,697,000 with the market action index hovering around 63. This is less than last month's market action index of 66. Inventory has held steady at or around 8. Click here to stay informed with the Santa Barbara market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Santa Barbara, CA 93101

Sat Feb 27 2021
This week the median list price for Santa Barbara, CA 93101 is $1,697,000 with the market action index hovering around 63. This is less than last month's market action index of 66. Inventory has held steady at or around 8. Click here to stay informed with the Santa Barbara market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Santa Barbara market.
Median List Price $1,697,000
Per Square Foot $1,031
Days on Market 28
Price Decreased 25%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent $4,250
Most Expensive $4,295,000
Least Expensive $785,000
Market Action 63
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$3,895,000 3,380 0 - 4,500 sqft 3 3 13 0 1 24
$2,074,000 2,166 0 - 4,500 sqft 3 3 101 0 0 539
$1,520,000 2,178 6,500 - 8,000 sqft 6 3 103 1 0 14
$990,000 736 0 - 4,500 sqft 3 1 94 0 1 73