Your Local Market Report

Santa Barbara, CA

Single-Family Homes



Santa Barbara, CA

Tue Jul 14 2020
This week the median list price for Santa Barbara, CA is $2,695,000 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 267. 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 Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Santa Barbara, CA

Tue Jul 14 2020
This week the median list price for Santa Barbara, CA is $2,695,000 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has held steady at or around 267. 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 Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Santa Barbara market.
Median List Price $2,695,000
Per Square Foot $926
Days on Market 161
Price Decreased 30%
Price Increased 2%
Relisted 12%
Inventory 267
Median Rent $6,900
Most Expensive $75,000,000
Least Expensive $95,000
Market Action 32
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$7,972,500 6,538 2.5 - 5 acres 5 5 26 1 2 226
$3,875,000 3,729 1 - 2.5 acres 4 3 33 3 4 161
$2,250,000 2,674 0.25 - 0.5 acre 4 3 54 6 14 140
$1,099,000 1,674 6,500 - 8,000 sqft 3 2 56 15 14 116