If you need assistance, please call 805-444-7926

Santa Barbara Market Report

$3,781,114

AVERAGE PRICE OF 168 HOMES

$4,517,669

AVERAGE PRICE OF 136 MULTI-MILLION DOLLAR HOMES

$6,565,667

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$1,642,000

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $3,781,114
Avg Bedrooms 3.42 beds
Avg Bathrooms 3.1 baths

Average Price by Bedrooms

1 bedroom $1,154,900
2 bedrooms $1,376,313
3 bedrooms $2,710,488
4 bedrooms $4,186,447
5 bedrooms $5,865,667
Santa Barbara Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 147 132 170 197 207
Average Price $3,633,430 $4,324,125 $4,621,091 $4,727,241 $4,543,299
Avg Price Change -19.01% -6.87% -2.30% +4.05% +9.28%
Median Price $2,251,574 $2,338,833 $2,461,379 $2,414,914 $2,523,600
Med Price Change -3.88% -5.24% +1.92% -4.50% +1.95%
Avg Bedrooms 3.37 beds 3.38 beds 3.46 beds 3.48 beds 3.53 beds
Avg Bathrooms 3.02 baths 3.19 baths 3.35 baths 3.38 baths 3.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cla 3 $440,666 57 days
Dos Pueblos 13 $1,644,154 27 days
Other 7 $4,890,429 69 days
S.B. Sr. 90 $3,468,711 66 days
San Marcos 52 $5,028,886 83 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 168 $3,781,114 68 days
Multi-Million Dollar Homes 136 $4,517,669 70 days
Newly Built Homes 3 $6,565,667 64 days
Reduced Price Homes 11 $1,642,000 40 days
Santa Barbara Brokers
735 State St #613
Santa Barbara, CA 93101
805-444-7926
DRE# 01867047

Based on information from the Santa Barbara MLS as of March 20, 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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