Chartwell Escrow
Santa Barbara, CA 93108
Single-Family Homes
Active Market Report | Weekly Update
Santa Barbara, CA 93108
Tue May 26 2026
This week the median list price for Santa Barbara, CA 93108 is $7,872,500 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has decreased to 64.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $7,872,500 | |
| Median Price of New Listings | $18,190,000 | |
| Per Square Foot | $2,264 | |
| Average Days on Market | 173 | |
| Median Days on Market | 70 | |
| Price Decreased | 33% | |
| Price Increased | 0% | |
| Relisted | 14% | |
| Inventory | 64 | |
| Median Rent | ||
| Market Action | 31 | |
| Slight Seller's Advantage | ||
While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark and have had an upward price trend over the last few weeks. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $21,947,500 | 8,352 | 1 - 2.5 acres | 6 | 8 | 26 | 1 | 0 | 66 |
| $10,250,000 | 4,110 | 1 - 2.5 acres | 4 | 5.5 | 42 | 0 | 3 | 66 |
| $6,122,500 | 2,820 | 1 - 2.5 acres | 3 | 4 | 49 | 1 | 2 | 70 |
| $3,962,000 | 2,802 | 0.5 - 1 acre | 3 | 3 | 46 | 0 | 1 | 199 |