New - 1 hour on Rocket
$10,000 Closing Credit¹
Bartron Real Estate Group, Beth Goodman, Listing Office: Berkshire Hathaway HomeServices California Properties
Santa Barbara Housing Market Report December 2024•Santa Barbara County, California
Housing Prices in Santa Barbara, CA
How much do homes in Santa Barbara, CA cost?
Housing Market Conditions
Is Santa Barbara, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Santa Barbara is a Seller's Market
Difference Since December 2023
Since last year, Santa Barbara has remained a Seller's Market.
Insight
Santa Barbara is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$2,100,318$1,233/SqFt
-$36,765
-1.7%
Based on all homes sold in the last 12 months
Insight
Homes in Santa Barbara have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Santa Barbara was $2,100,318 in December 2024, down 1.7% from last year, and the median price per square foot was $1,233.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Goleta | $1.2M | $1.3M | +6.8% |
| Santa Barbara | $2.1M | $2.1M | -1.7% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 55+ Bedrooms | $4.8M | $4.2M | -11.9% |
| 11 Bedroom | $787K | $884.2K | +12.4% |
| 22 Bedrooms | $1.4M | $1.3M | -6.7% |
| 33 Bedrooms | $2.0M | $2.0M | -0.7% |
| 44 Bedrooms | $2.9M | $2.6M | -7.2% |
Summary: Santa Barbara housing price by bedroom type for December 2024, compared to the previous year. The home price for 5 bedroom homes decreased by -11.9%. The home price for 1 bedroom homes increased by +12.4%. The home price for 2 bedroom homes decreased by -6.7%. The home price for 3 bedroom homes decreased by -0.7%. The home price for 4 bedroom homes decreased by -7.2%.
Housing supply in Santa Barbara, CA
How many homes are available in Santa Barbara, CA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 284Last MonthDec 2024 | ||
| 3322 months agoNov 2024 | -14.5 % Change MoMNov – Dec |
Summary: The Santa Barbara real estate market had 284 homes for sale in Dec 2024, a 14.5 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 67Last MonthDec 2024 | ||
| 762 months agoNov 2024 | -11.8 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 55+ Bedrooms | 51 | 55 | +7.8% |
| 11 Bedroom | 11 | 8 | -27.3% |
| 22 Bedrooms | 63 | 55 | -12.7% |
| 33 Bedrooms | 112 | 88 | -21.4% |
| 44 Bedrooms | 95 | 78 | -17.9% |
Summary: Santa Barbara housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 5 bedroom homes increased by +7.8%. The inventory for 1 bedroom homes decreased by -27.3%. The inventory for 2 bedroom homes decreased by -12.7%. The inventory for 3 bedroom homes decreased by -21.4%. The inventory for 4 bedroom homes decreased by -17.9%.
Asking Price vs. Sold Price
How much do homes in Santa Barbara, CA cost?
Over Asking Price19 Homes
At Asking Price10 Homes
Under Asking Price38 Homes
Insight
If you're buying a home in Santa Barbara, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Santa Barbara in December 2024, down by 11.8% month-over-month. Of the 67 sold homes, 57% were sold under asking, 15% were sold at asking, and and 28% were sold over asking.
Days on Market for Santa Barbara, CA
How long does it take to sell a home in Santa Barbara, CA?
Breakdown of Home Sale Times
Under 30 Days34 Homes
30 – 90 Days22 Homes
Over 90 Days11 Homes
Insight
Many homes in Santa Barbara are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 67 homes were sold in Santa Barbara; 51% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 44 DaysThis YearDec 2024 | ||
| 36 Days1 year agoDec 2023 | +22.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Santa Barbara had an average listing age of 44 days in Dec 2024, up by 22.9% compared to the previous year.
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Newest Listings in Santa Barbara, CA
What homes are available in Santa Barbara, CA?
New - 9 hours on Rocket
Ricardo Munoz, Listing Office: Berkshire Hathaway HomeServices California Properties
New - 18 hours on Rocket
Joy Denton, Listing Office: Sotheby's International Realty
New - 19 hours on Rocket
$8,490 Closing Credit¹
RANDY ANDERSON, Listing Office: RICHMOND AMERICAN HOMES
New - 20 hours on Rocket
Susan Jordano, Simone Eurich, Listing Office: Village Properties
New - 21 hours on Rocket
Joy Bean, Listing Office: Sotheby's International Realty
New - 22 hours on Rocket
Tiffany Dore, Listing Office: Village Properties
New - 22 hours on Rocket
Cristal Clarke, Listing Office: Berkshire Hathaway HomeServices California Properties
New - 1 day on Rocket
Caitlin Racich Pearson, Dusty Baker Group, Listing Office: Sotheby's International Realty
New - 1 day on Rocket
Scott McCosker, Listing Office: Sotheby's International Realty
New - 1 day on Rocket
Gary Goldberg, Listing Office: Coastal Properties
New - 1 day on Rocket
$10,000 Closing Credit¹
David Kim, Listing Office: Village Properties
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Nearby markets aren't available for Santa Barbara, CA
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MLS Disclaimers and Copyright
Based on information from Santa Barbara MLS, California Regional MLS, and Golden Empire MLS for the period 01/01/2023 - 01/01/2025
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from Golden Empire MLS, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 Bakersfield Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.