Home prices in Santa Barbara continue to fluctuate, presenting a mixed picture for buyers and sellers. While the median listing home price currently averages around $2.6 million, data from Zillow indicates that home values have increased overall by 7.2% over the past year. This rise, however, comes with neighborhood variations in values. Prime neighborhoods with homes in excellent condition, priced realistically, are moving. Homebuyers taking part in this market should brace themselves for possible bidding wars, particularly in the better neighborhoods. August sales in 2024 were up from the same time in 2023.

SOUTH SANTA BARBARA REAL ESTATE MARKET TRENDS AUGUST 2024

SINGLE-FAMILY DETACHED HOME SALES AUGUST 2024

CONDOMINIUMS, TOWNHOMES, AND PUDs (Planned Urban Development Homes)

Share this:
Mark Danforth Lomas

Recent Posts

First Quarter 2025 Statistics

Santa Barbara's real estate market in early 2025 has shown resilience, but signs of softening…

1 week ago

How Tariffs Will Impact Real Estate

President Trump's new tariffs are expected to significantly affect the real estate market. Here's a…

1 week ago

Curious California Real Estate Factoids for 2025

 March 19, 2025: Home sales are down in California, and prices are rising, with a…

3 weeks ago

Southern Santa Barbara Real Estate March Overview

Southern Santa Barbara, stretching from Carpinteria to Gaviota, offers a unique blend of coastal charm…

3 weeks ago

“Live” Santa Barbara Real Estate Statistics

The southern Santa Barbara's real estate market offers a fascinating glimpse into the dynamic interplay…

1 month ago

Southern Santa Barbara Real Estate Insights

In 2024 the southern Santa Barbara real estate market saw a 16% increase in inventory.…

2 months ago