ANDERSON | HURST | ASSOCIATES // Berkshire Hathaway HomeServices CA Properties
Santa Barbara, CA 93111
Single-Family Homes
ASHLEY ANDERSON: 805.618.8747 | PAUL HURST: 805.680.8216 | Both@AndersonHurst.com | www.AndersonHurst.com
Santa Barbara, CA 93111
Mon Sep 14 2026
This week the median list price for Santa Barbara, CA 93111 is $2,294,500 with the market action index hovering around 52. This is less than last month's market action index of 55. Inventory has increased to 22.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $2,294,500 | |
| Median Price of New Listings | $1,097,500 | |
| Per Square Foot | $1,049 | |
| Average Days on Market | 69 | |
| Median Days on Market | 42 | |
| Price Decreased | 32% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 22 | |
| Median Rent | ||
| Market Action | 52 | |
| Strong Seller's Market | ||
Despite this week’s down tick, the price trend in this zip code remains upward for the last few weeks. We’re within sight of the market peak, and we’ll assume this week’s change is just randomness unless we see a persistent downward push of the Market Action Index into the Buyer’s zone.
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 |
|---|---|---|---|---|---|---|---|---|
| $3,772,500 | 2,934 | 0.5 - 1 acre | 4 | 3.5 | 54 | 0 | 1 | 52 |
| $3,075,000 | 2,712 | 0.25 - 0.5 acre | 5 | 3 | 63 | 0 | 0 | 21 |
| $2,185,000 | 1,548 | 8,000 - 10,000 sqft | 3 | 2.5 | 63 | 0 | 0 | 49 |
| $1,165,000 | 1,566 | 0 - 4,500 sqft | 3 | 2 | 53 | 2 | 2 | 7 |