Santa Barbara, CA Housing Market & Real Estate

Balanced market-16.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Santa Barbara, CA is $1.85M, down 16.9% year-over-year. Homes sell in an average of 53 days with 128 active listings. The market is currently a balanced market.

$1.85Mmedian sale price

Homes sold

51

Last 12 weeks

Days on market

53

Average pace

Active listings

128

2.5 months supply

Sale-to-list

98.0%

Below asking

Santa Barbara, CA market data

Current housing market statistics for Santa Barbara, CA
MetricValue
Median sale price$1.85M
Median list price$2.00M
Year-over-year price change-16.9%
Average days on market53 days
Active inventory128 listings
Months of supply2.5 months
Sale-to-list price ratio98.0%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Santa Barbara housing market is currently classified as a balanced market with a median sale price of $1.85M. Prices have fallen 16.9% compared to last year, with homes spending an average of 53 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Santa Barbara

There are currently 128 homes listed for sale in Santa Barbara, California. The median listing price is $2.0M.

Active listings

128

Homes on market

Median list price

$2.0M

Avg. days on market

53

Days until sale

New this week

60

Newly listed

Price drops:14.1%of listings
Sale-to-list:98.0%

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Frequently asked questions

What is the average home price in Santa Barbara?

The median home sale price in Santa Barbara is $1.85M, down 16.9% from last year.

How long do homes stay on market in Santa Barbara?

Homes typically spend 53 days on market before going under contract.

Is Santa Barbara a buyer's or seller's market?

With 2.5 months of supply, Santa Barbara is currently a balanced market.

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