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

Santa Barbara Market Report

$4,203,705

AVERAGE PRICE OF 153 HOMES

$5,107,599

AVERAGE PRICE OF 122 MULTI-MILLION DOLLAR HOMES

$6,565,667

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$2,318,667

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $4,203,705
Avg Bedrooms 3.5 beds
Avg Bathrooms 3.3 baths

Average Price by Bedrooms

1 bedroom $1,075,318
2 bedrooms $1,478,352
3 bedrooms $2,868,621
4 bedrooms $4,515,383
5 bedrooms $6,208,167
Santa Barbara Home Price Trends
  3/2023 2/2023 1/2023 12/2022 11/2022
Total Listings 158 147 132 170 197
Average Price $3,873,247 $3,633,430 $4,324,125 $4,621,091 $4,727,241
Avg Price Change +6.60% -19.01% -6.87% -2.30% +4.05%
Median Price $2,296,207 $2,251,574 $2,338,833 $2,461,379 $2,414,914
Med Price Change +1.98% -3.88% -5.24% +1.92% -4.50%
Avg Bedrooms 3.45 beds 3.37 beds 3.38 beds 3.46 beds 3.48 beds
Avg Bathrooms 3.14 baths 3.02 baths 3.19 baths 3.35 baths 3.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Dos Pueblos 10 $1,746,500 30 days
Other 6 $5,223,000 74 days
S.B. Sr. 87 $3,900,339 67 days
San Marcos 45 $5,604,187 85 days
See Remarks 3 $624,333 21 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 153 $4,203,705 69 days
Multi-Million Dollar Homes 122 $5,107,599 72 days
Newly Built Homes 3 $6,565,667 76 days
Reduced Price Homes 6 $2,318,667 57 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 April 1, 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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