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Santa Barbara Market Report

$3,964,831

AVERAGE PRICE OF 245 HOMES

$2,200,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$4,630,947

AVERAGE PRICE OF 205 MULTI-MILLION DOLLAR HOMES

$6,066,000

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$6,480,218

AVERAGE PRICE OF 23 HOMES WITH A POOL

$3,517,800

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $3,964,831
Avg Bedrooms 3.23 beds
Avg Bathrooms 3.08 baths

Average Price by Bedrooms

1 bedroom $1,051,714
2 bedrooms $1,316,307
3 bedrooms $3,921,196
4 bedrooms $4,402,612
5 bedrooms $3,508,600
Santa Barbara Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 230 210 207 192 176
Average Price $4,114,549 $4,027,532 $3,943,160 $3,771,348 $4,409,937
Avg Price Change +2.16% +2.14% +4.56% -16.93% -7.81%
Median Price $2,643,561 $2,598,082 $2,312,164 $2,286,779 $2,425,433
Med Price Change +1.75% +12.37% +1.11% -6.06% -5.59%
Avg Bedrooms 3.17 beds 3.01 beds 2.95 beds 2.99 beds 3.14 beds
Avg Bathrooms 2.99 baths 2.8 baths 2.77 baths 2.8 baths 3.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Dos Pueblos 9 $1,966,222 45 days
Other 6 $2,918,400 103 days
S.B. Sr. 104 $3,755,349 52 days
San Marcos 58 $3,261,489 49 days
See Remarks 5 $1,754,500 40 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 245 $3,964,831 85 days
Distressed Homes 1 $2,200,000 156 days
Multi-Million Dollar Homes 205 $4,630,947 82 days
Newly Built Homes 3 $6,066,000 50 days
Homes with a Pool 23 $6,480,218 80 days
Reduced Price Homes 5 $3,517,800 105 days
Santa Barbara and Montecito Real Estate
Kendrick Guehr
1511 Chapala Street
Santa Barbara, CA 93101
805-448-4185
DRE# 1964065

Based on information from California Regional Multiple Listing Service, Inc. as of June 9, 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 June 9, 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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