Your Local Market Report

Santa Barbara, CA

Single-Family Homes

WFG National Title Company | www.wfgtitleco.com



Santa Barbara, CA

Mon Nov 11 2019
This week the median list price for Santa Barbara, CA is $2,750,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 379. 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.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Santa Barbara, CA

Mon Nov 11 2019
This week the median list price for Santa Barbara, CA is $2,750,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 379. 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.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Santa Barbara market.
Median List Price $2,750,000
Per Square Foot $924
Days on Market 154
Price Decreased 41%
Price Increased 2%
Relisted 16%
Inventory 379
Median House Rent $5,025
Most Expensive $75,000,000
Least Expensive $249,000
Market Action Index
Slight Buyer's Advantage
29

The market is hovering around this plateau. Look for a persistent change 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
$8,295,000 6,035 1 - 2.5 acres 5 5 35 3 4 212
$3,790,000 3,792 1 - 2.5 acres 4 4 36 7 4 165
$2,100,000 2,584 0.5 - 1 acre 3 3 59 3 2 142
$1,195,000 1,582 8,000 - 10,000 sqft 3 2 57 13 18 95