The Santa Barbara, CA housing market is a buyer's market, scoring 31 out of 100 on Pocket Agent Pro’s buyer-to-seller scale, with 338 homes for sale and 3.9 months of supply. Homes in Santa Barbara, CA sold for a median of $2,094,000, up 21.9% from the prior month, or $1,132 per square foot. The average sale price in Santa Barbara, CA was $2,401,000, above the median because a few high-priced homes pull the average up. The typical home goes under contract in 56 days, sales close at 98.6% of asking price and 25.7% of homes sell above list. 34.3% 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 2026-10-09 and are based on 94 recorded sales and 338 active listings.
| Property | Bd/SqFt | Sold | Closed |
|---|---|---|---|
| 117 Santa Cruz Blvd, Santa Barbara | 3/1,417 | $2,250,000 | 2026-10-09 |
| 524 Walnut Ln, Santa Barbara | 3/1,316 | $1,350,000 | 2026-10-09 |
| 515 Conejo Rd, Santa Barbara | 3/2,097 | $2,165,000 | 2026-10-06 |
| 4868 Via Los Santos, Santa Barbara | 4/3,182 | $4,168,500 | 2026-10-06 |
| 5859 Mandarin Dr, Santa Barbara | 12/— | $1,925,000 | 2026-10-06 |
| 652 Tabor Ln, Santa Barbara | 2/1,474 | $2,973,750 | 2026-10-06 |
| 5325 Dorwin Ln, Santa Barbara | 5/4,203 | $6,500,000 | 2026-10-05 |
| 501 W Junipero St, Santa Barbara | 2/749 | $1,134,000 | 2026-10-05 |
Santa Barbara, CA is currently a buyer's market, at 31 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 3.9 months of supply — under about 3 months typically favors sellers, over about 6 favors buyers.
The median home in Santa Barbara, CA sold for $2,094,000 over the last 30 days. That is up 21.9% from the month before.
The average sale price in Santa Barbara, CA was $2,401,000, above the median because a few high-priced homes pull the average up. The median ($2,094,000) is the middle sale, so it better reflects a typical home; the average is the total of all prices divided by the number of sales.
Homes in Santa Barbara, CA take a median of 56 days on market to go under contract. Half sell faster than that and half take longer, so a listing sitting well past 56 days is worth a second look on price.
Homes in Santa Barbara, CA close at a median of 98.6% of their asking price, and 25.7% sell above list. That ratio is the quickest read on how much room there is to negotiate.
There are 338 homes actively for sale in Santa Barbara, CA, about 3.9 months of supply at the current sales pace.