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: