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. 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

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.

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. 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

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

Never miss important changes in the Santa Barbara market.
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