Santa Barbara Real Estate Market Sees Home Sales Increase

Over the last 30 days, the Santa Barbara market was healthy with four homes sold, a 33.3% increase from last week's report. Within the same time frame, Oxnard had 91 sales, the most of all cities in the area. Months of inventory is on a four-week downward trend, this week hitting 12 months. Santa Barbara is still a definite buyer's market due to the availability of such a large amount of remaining inventory, even after the uptick in sales.

If you're looking for a more established home, then be sure to see these listings in Santa Barbara that were built before most others in the market:

$39M   $16.8M   $1.5M  

Get started right now by checking out Santa Barbara homes for sale or reviewing Santa Barbara real estate trends.

Demographic facts for Santa Barbara:

  • The affordability rating here is 19. (Scale: 1 = Worst, 100 = Best)
  • This area usually gets 17.6 inches of rain each year. (U.S. average: 36.5)
  • The income per capita in this area is $32,784.
  • The school rating in this area is 61. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016

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GP Real Estate Company
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Dwell Real Estate Group
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