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Santa Barbara Market Report

$4,236,677

AVERAGE PRICE OF 197 HOMES

$2,463,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$5,261,188

AVERAGE PRICE OF 154 MULTI-MILLION DOLLAR HOMES

$4,919,200

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$6,734,550

AVERAGE PRICE OF 10 HOMES WITH A POOL

$2,179,571

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $4,236,677
Avg Bedrooms 3.02 beds
Avg Bathrooms 2.84 baths

Average Price by Bedrooms

1 bedroom $928,975
2 bedrooms $1,313,753
3 bedrooms $3,242,918
4 bedrooms $3,741,910
5 bedrooms $6,299,818
Santa Barbara Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 192 176 220 197 263
Average Price $3,771,348 $4,409,937 $4,754,353 $4,727,241 $4,446,860
Avg Price Change -16.93% -7.81% +0.57% +6.31% +7.74%
Median Price $2,286,779 $2,425,433 $2,560,970 $2,414,914 $2,487,048
Med Price Change -6.06% -5.59% +6.05% -2.99% +2.11%
Avg Bedrooms 2.99 beds 3.14 beds 3.18 beds 3.48 beds 3.22 beds
Avg Bathrooms 2.8 baths 3.07 baths 3.23 baths 3.38 baths 3.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Dos Pueblos 9 $1,676,667 37 days
Other 7 $2,681,000 71 days
S.B. Sr. 85 $3,885,124 69 days
San Marcos 45 $5,498,092 86 days
See Remarks 3 $624,333 19 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 197 $4,236,677 103 days
Distressed Homes 2 $2,463,500 140 days
Multi-Million Dollar Homes 154 $5,261,188 102 days
Newly Built Homes 5 $4,919,200 96 days
Homes with a Pool 10 $6,734,550 160 days
Reduced Price Homes 7 $2,179,571 40 days
RE/MAX Gold Coast
Eric Evarts Real Estate Group
5720 Ralston Street, Suite 100
Ventura, CA 93003
805-796-3138
DRE# 01253434

Based on information from the Golden Empire MLS, Inc./Association of REALTORS® as of March 30, 2023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021.
Based on information from California Regional Multiple Listing Service, Inc. as of March 30, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. 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.
Based on information from the Santa Barbara MLS as of March 30, 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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