Your Local Market Report

Santa Barbara, CA

Condos/Townhomes



Santa Barbara, CA

Tue Jul 14 2020
This week the median list price for Santa Barbara, CA is $1,195,000 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has held steady at or around 61. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Santa Barbara, CA

Tue Jul 14 2020
This week the median list price for Santa Barbara, CA is $1,195,000 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has held steady at or around 61. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Santa Barbara market.
Median List Price $1,195,000
Per Square Foot $792
Days on Market 142
Price Decreased 33%
Price Increased 0%
Relisted 21%
Inventory 61
Median Rent $3,700
Most Expensive $5,500,000
Least Expensive $525,000
Market Action 33
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
$2,650,000 2,049 0 - 4,500 sqft 2 2 42 2 2 138
$1,348,000 1,641 0 - 4,500 sqft 2 2 22 1 0 209
$926,000 1,209 0 - 4,500 sqft 2 2 21 0 1 144
$639,450 1,111 0 - 4,500 sqft 2 1 47 5 2 80