If you need assistance, please call 805-450-3336

Santa Barbara Market Report

$3,917,201

AVERAGE PRICE OF 231 HOMES

$4,438,792

AVERAGE PRICE OF 199 MULTI-MILLION DOLLAR HOMES

$7,204,400

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$2,406,455

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $3,917,201
Avg Bedrooms 3.46 beds
Avg Bathrooms 3.06 baths

Average Price by Bedrooms

1 bedroom $1,289,714
2 bedrooms $1,399,510
3 bedrooms $2,930,867
4 bedrooms $5,316,844
5 bedrooms $5,525,061
Santa Barbara Home Price Trends
  9/2023 8/2023 7/2023 6/2023 5/2023
Total Listings 226 212 204 188 174
Average Price $4,095,264 $4,097,235 $3,758,215 $3,646,052 $3,829,972
Avg Price Change -0.05% +9.02% +3.08% -5.04% -0.78%
Median Price $2,493,100 $2,530,052 $2,471,482 $2,509,621 $2,620,017
Med Price Change -1.48% +2.37% -1.54% -4.40% +0.90%
Avg Bedrooms 3.48 beds 3.49 beds 3.5 beds 3.43 beds 3.49 beds
Avg Bathrooms 3.11 baths 3.09 baths 3.05 baths 3.06 baths 3.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carp. Sr. 5 $6,308,000 43 days
Dos Pueblos 7 $7,316,100 31 days
Other 5 $5,686,400 100 days
S.B. Sr. 126 $3,378,341 70 days
San Marcos 82 $4,388,865 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 231 $3,917,201 73 days
Multi-Million Dollar Homes 199 $4,438,792 77 days
Newly Built Homes 5 $7,204,400 63 days
Reduced Price Homes 11 $2,406,455 58 days
Sotheby's International Realty Inc
Tyler Mearce
1106 Coast Village Rd Suite C
Santa Barbara, CA 93101
805-450-3336
DRE# CalBRE# 01969409

Based on information from the Santa Barbara MLS as of October 2, 2023. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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