Barry Brown

Santa Maria, CA

Single-Family Homes

Barry Brown Real Estate - Broker/Owner



Santa Maria, CA

Sun Mar 03 2024
This week the median list price for Santa Maria, CA is $749,900 with the market action index hovering around 57. This is an increase over last month's market action index of 55. Inventory has decreased to 59. Click here to stay informed with the Santa Maria market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Santa Maria, CA

Sun Mar 03 2024
This week the median list price for Santa Maria, CA is $749,900 with the market action index hovering around 57. This is an increase over last month's market action index of 55. Inventory has decreased to 59. Click here to stay informed with the Santa Maria market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Santa Maria market.
Median List Price $749,900
Median Price of New Listings $664,499
Per Square Foot $419
Average Days on Market 52
Median Days on Market 14
Price Decreased 14%
Price Increased 5%
Relisted 7%
Inventory 59
Median Rent
Market Action 57
Strong Seller's Market

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
$1,417,500 2,980 0.25 - 0.5 acre 4 4 0 2 0 7
$885,000 2,120 8,000 - 10,000 sqft 3 2.5 3 1 4 42
$682,500 1,584 6,500 - 8,000 sqft 4 1.5 46 4 5 7
$549,900 1,496 4,500 - 6,500 sqft 3 1.5 62 5 5 7