The Santa Barbara, CA housing market is a buyer's market, scoring 32 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 329 homes for sale and 3.6 months of supply. Homes in Santa Barbara, CA sold for a median of $1,744,500, up 2.6% from the prior month, or $1,069 per square foot. The typical home goes under contract in 59 days, sales close at 98.9% of asking price and 16.1% of homes sell above list. 26.7% of active Santa Barbara, CA listings have cut their price at least once, a rough gauge of seller flexibility. Figures cover the 30 days through 2026-08-25 and are based on 92 recorded sales and 329 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 920 Canon Rd, Santa Barbara | 4/3,852 | $4,600,000 | 2026-08-25 |
| 102 N Milpas St, Santa Barbara | 3/1,468 | $1,300,000 | 2026-08-25 |
| 850 Via Granada, Santa Barbara | 2/1,877 | $1,695,000 | 2026-08-25 |
| 2645 State St Apt 2, Santa Barbara | 3/1,652 | $1,070,000 | 2026-08-25 |
| 1042 Via Los Padres, Santa Barbara | 3/3,587 | $4,200,000 | 2026-08-25 |
| 840 Toro Canyon Rd, Santa Barbara | 4/3,726 | $6,300,000 | 2026-08-25 |
| 4972 Yaple Ave, Santa Barbara | 3/1,878 | $1,749,000 | 2026-08-24 |
| 2731 El Prado Rd, Santa Barbara | 2/1,617 | $1,900,000 | 2026-08-24 |
Santa Barbara, CA is currently a buyer's market, at 32 out of 100 on our buyer-to-seller scale, which blends months of supply, sale-to-list price, days on market and the share of listings with price cuts. There are 3.6 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Santa Barbara, CA sold for $1,744,500 over the last 30 days. That is up 2.6% from the month before.
Homes in Santa Barbara, CA take a median of 59 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 59 days is worth a second look on price.
Homes in Santa Barbara, CA close at a median of 98.9% of their asking price, and 16.1% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 329 homes actively for sale in Santa Barbara, CA, about 3.6 months of supply at the current sales pace.