The Santa Barbara housing market is very competitive. Homes in Santa Barbara receive 4 offers on average and sell in around 31 days. The median sale price of a home in Santa Barbara was $1.5M last month, down 17.0% since last year. The median sale price per square foot in Santa Barbara is $1.24K, up 5.3% since last year.

Santa Barbara Real Estate Market Trends 2013 to May 2023

From the Santa Barbara Association of Realtors

SOLD HOUSES MAY 2023

SOLD CONDOMINIUMS, TOWNHOMES, AND PUDs MAY 2023

Chart Below from RPR Residential Property Reports