Single-Family Homes
Sat Mar 28 2026
This week the median list price for Santa Barbara, CA 93108 is $6,995,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has increased to 65.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
| Median List Price | $6,995,000 | |
| Median Price of New Listings | $7,475,000 | |
| Per Square Foot | $2,028 | |
| Average Days on Market | 191 | |
| Median Days on Market | 168 | |
| Price Decreased | 25% | |
| Price Increased | 0% | |
| Relisted | 23% | |
| Inventory | 65 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
We continue to see prices in this zip code hover around their high point. Look for a persistent shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $19,995,000 | 8,211 | 1 - 2.5 acres | 5 | 7 | 25 | 3 | 1 | 189 |
| $8,272,500 | 4,140 | 1 - 2.5 acres | 4 | 4.5 | 43 | 2 | 1 | 45 |
| $5,974,000 | 3,169 | 1 - 2.5 acres | 3 | 3.5 | 50 | 0 | 3 | 217 |
| $3,645,000 | 2,452 | 0.5 - 1 acre | 3 | 3.8 | 48 | 3 | 2 | 178 |