Santa Barbara
Looking back at the last six months the south coast of Santa Barbara, spanning from Goleta to Carpinteria, we’ve not seen inventory this high since October of 2020 when the market was extremely active due to 3% interest rates, work/culture shifts due to the pandemic, and an influx of new buyers to our area. The increased inventory is welcome news to homebuyers.
The median price remains high at $2,250,000 while the average sales price year to date is $3,500,000. The average days on the market is 34 days. Slightly higher than last year’s 28 days. Source: Montecito Journal. The numbers below tell the story.
SANTA BARBARA REAL ESTATE MARKET TRENDS 2018 TO JUNE 2024
SINGLE FAMILY AND CONDOMINIUM 9 YEAR PRICE TRENDS
FORECAST FOR THIS FALL NATIONALLY SOURCE: ALTOS RESEARCH
For decades, State Street has been the rhythmic pulse of Santa Barbara—a historic boulevard connecting…
The legendary Rincon Classic is back for 2026, bringing together the best local talent and…
The 41st Santa Barbara International Film Festival (SBIFF) is set to transform the "American Riviera" into a…
The poster for the 41st Santa Barbara International Film Festival (SBIFF), created by local artist Baret Boisson,…
As we close the books on 2025, the South Santa Barbara County real estate market…
You may be wondering why a real estate blog would post something about Martin Luther King.…