Santa Barbara County, CA

Market Update with 805title

Santa Barbara County, CA

Single-Family Homes

Presented by Sergio Gonzalez

Tue Dec 24 2024
This week the median list price for Santa Barbara County, CA is $2,298,700 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 399. Click here to stay informed with the Santa Barbara County market!

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

Slight Seller's Advantage

Median List Price		$2,298,700
Median Price of New Listings		$742,450
Per Square Foot		$933
Average Days on Market		132
Median Days on Market		84
Price Decreased		33%
Price Increased		2%
Relisted		9%
Inventory		399
Median Rent
Market Action		42
Slight Seller's Advantage

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$8,497,500	5,034	1 - 2.5 acres	4	5	40	1	13	161
$3,445,000	2,582	1 - 2.5 acres	4	3	49	3	14	108
$1,539,500	2,292	8,000 - 10,000 sqft	3	2.5	45	6	10	63
$639,000	1,612	6,500 - 8,000 sqft	3	2	48	12	26	42

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$8,497,500	5,034	1 - 2.5 acres	4	5	40	1	13	161
$3,445,000	2,582	1 - 2.5 acres	4	3	49	3	14	108
$1,539,500	2,292	8,000 - 10,000 sqft	3	2.5	45	6	10	63
$639,000	1,612	6,500 - 8,000 sqft	3	2	48	12	26	42

Median Price	Top $8,497,500	Upper $3,445,000	Lower $1,539,500	Bottom $639,000
Sq. Ft.	5,034	2,582	2,292	1,612
Lot Size	1 - 2.5 acres	1 - 2.5 acres	8,000 - 10,000 sqft	6,500 - 8,000 sqft
Beds	4	4	3	3
Baths	5	3	2.5	2
Age	40	49	45	48
New	1	3	6	12
Absorbed	13	14	10	26
DOM	161	108	63	42

Market Update with 805title