$14.8M  
The Santa Barbara market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Santa Barbara usually averages 5.0 sales per month.
Comments:

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. Its three largest zip codes are 93101, 93103, and 93108. The Santa Barbara market primarily consists of detached houses, accounting for 85% of the current homes in the area. Heading the list of top schools in the city is Washington Elementary School.
Comments:

$579K  
There were zero homes sold in the Santa Barbara market over the last 30 days, prolonging a six-week trend. With a record seven contracts executed, the highest amount since November, that trend should rebound. In comparison, Oxnard led all other nearby municipalities with 112 contracts executed.
Comments:

$4.1M  
Fewer sellers put their homes up for sale in the Santa Barbara market over the last 30 days and the number of new listings tumbled this week to 11. Home sales remained unchanged from the prior period and once again three homes were sold. Months of inventory hit 13 this period, extending an upward trend to four weeks. Santa Barbara is a definite buyer's market, due to the large amount of inventory left and aided by the dip in sales.
Comments:

$39M  
A three-week rough patch for the overall sales trend continues in the Santa Barbara market, with number of sales staying even at three over the last 30 days. While sales numbers dropped, prices were able to climb. This week's reported median sales price of $1,500,000 continued a four-week upswing. Santa Barbara is still a definite buyer's market, even with the rising prices, due to the downward trend in sales numbers and a large 12 months of inventory available.
Comments:

$2.8M  
Over the last 30 days, the Santa Barbara market improved with three homes sold. At the same time, close-by Oxnard reported 98 home sales, the highest number from all the surrounding cities. Prices are rising in Santa Barbara, and the median sales price this period increased from $1,305,500 to $1,500,000. Santa Barbara is still a definite buyer's market, due to the availability of 13 months of remaining inventory, even after the uptick in sales.
Comments:

$1.8M  
Santa Barbara is a larger than average city in California with a population of 88,410 residents, and it has a higher than average density compared to the rest of the state, 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. The best school in the city is Washington Elementary School.
Comments:

$7.5M  
Home sales in the Santa Barbara market remained soft in this week's report as they slid 33.3% to two homes sold over the last 30 days. Meanwhile, close-by Oxnard reported 101 homes sales, the highest number from all the surrounding cities. Prices are rising in Santa Barbara, and the median sales price this period increased from $1,240,000 to $1,305,500. With decreasing sales and the availability of 16 months of inventory, Santa Barbara is a definite buyer's market.
Comments:

$7.5M  
Home sales in the Santa Barbara market remained cold in this week's report as they dropped 25.0% to three homes sold over the last 30 days. In comparison, nearby Oxnard had 87 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $1,240,000 over the latest reporting period for Santa Barbara, down from $1,517,500. Along with the slip in sales, a relatively high 11 months of inventory indicates that Santa Barbara is a definite buyer's market.
Comments:

$7.5M  
In this week's report, the number of homes sold in the Santa Barbara market slid to four over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average. Within the same time frame, Oxnard had 85 sales, the most of all cities in the area. Prices are rising in Santa Barbara, and the median sales price this period increased from $1,142,500 to $1,517,500. 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:
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