The real estate market here in southern Santa Barbara continues to remain strong for sellers and fairly competitive for buyers even as we head into the Holidays. Interesting times…

Homes and Estates October 2021

• The average price for 108 properties sold in October: $3,123,950
• Highest price sale: $19,500,000 for 2709 Vista Oceano Lane
• Median Price: $1,910,000
• Lowest price sale: $795,000  for 315 Canada Street A
• Average market time: 23 days  Continuous: 28

Condominiums, Townhomes, and PUDs

• The average price for the 49 homes sold: $1,161,742
• Highest price sale: $3,212,000  421 E Figueroa Street
• Median Price: $865,000
• Lowest price sale: $500,000  5512 Armitos 44
• Average market time: 27 days  Continuous: 27

Source: Santa Barbara Association of Realtors and the Santa Barbara Multiple Listing Service

Source for Santa Barbara Real Estate Market Trends above and the following charts and graphs for southern Santa Barbara provided by Fidelity Title Company of Santa Barbara