$4.5M  
Sales in the Santa Barbara market fell to four homes sold over the past 30 days. In addition, the number of sellers reducing their listing price is still in the midst of a downward trend with four price reductions in the same time frame. Potential buyers should note that prices went up in Santa Barbara, with the median for this period rising from $1,199,000 to $1,272,000. With decreasing sales and the availability of seven months of inventory, Santa Barbara is a definite buyer's market.
Comments:

$432K  
The Santa Barbara market may be experiencing a prolonged pullback but sales stood their ground this week at four homes sold over the last 30 days. The median sales price in Santa Barbara stayed put this week at $1,043,100. Santa Barbara is a strong buyer's market with seven months of inventory to choose from, aided by the downturn in sales.
Comments:

$1.9M  
Home sales in the Santa Barbara market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 40.0% to three homes sold over the last 30 days. In comparison, nearby Oxnard had 94 sales in the same time frame, the most of all neighboring cities. The median sales price of all transactions in Santa Barbara did not budge this week, remaining at $1,199,000. Along with the slip in sales, a relatively high 12 months of inventory indicates that Santa Barbara is a definite buyer's market.
Comments:

$1.9M  
Santa Barbara has an older population than other areas in California with a median age of 36 years. It is also affluent with a median income of $56,884 per household. 93101, 93103, and 93108 are the three largest zip codes in terms of population. The Santa Barbara market is primarily made up of detached houses, which currently account for 78% of the homes for sale in the area. Topping the list of best schools in the city is Washington Elementary School.
Comments:

$16.8M  
This week in the Santa Barbara market, sales rose to four homes sold over the last 30 days, even with a new downward trend in price reductions, with two in the same time frame. The median sales price jumped to $813,577, up from last week's $428,155. Despite the uptick in sales, there are still 10 months of inventory left to work through, meaning Santa Barbara is still a definite buyer's market.
Comments:

$39M  
Sales fell to two homes sold in the Santa Barbara market over the last 30 days. Furthermore, an identifiable downturn in the number of pending transactions continued, with one completed in the same period. The median sales price dropped dramatically to $418,738, down from last week's $921,577. A downturn in contracts, coupled with the availability of 22 months of inventory, prove that Santa Barbara is a definite buyer's market.
Comments:

$39M  
In this week's report, the number of homes sold in the Santa Barbara market tumbled to one over the past 30 days. It marked a decrease of 80.0% from last week's report and a fall below the monthly average. In comparison, nearby San Buenaventura (Ventura) had 97 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Santa Barbara, with the median for this period rising from $1,199,000 to $1,415,000. Along with the slip in sales, a relatively high 43 months of inventory indicates that Santa Barbara is a solid buyer's market.
Comments:

$1.9M  
While home sales in the Santa Barbara market have been above average, in this week's report they tumbled 28.6% to five homes sold over the last 30 days. Meanwhile, close-by San Buenaventura (Ventura) reported 95 homes sales, the highest number from all the surrounding cities. Pricing in Santa Barbara remains consistent from last week to this week, with the median sales price at $1,199,000 again. Santa Barbara is a definite buyer's market, due to a big eight months of inventory left and aided by the dip in sales.
Comments:

$16.8M  
Sales stayed firm at seven homes sold over the last 30 days in the Santa Barbara market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to eight for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price of all transactions in Santa Barbara did not budge this week, remaining at $1,199,000.
Comments:

$1.9M  
Santa Barbara is a larger than average city in California with 88,410 residents. Also, it has a higher than average density with 4,541.3 people per square mile. 93101, 93103, and 93108 are the three largest zip codes in terms of population. With a ratio of 57.3%, most homes in Santa Barbara are being rented. Topping the list of best schools in the city is Washington Elementary School.
Comments:
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