The Santa Barbara South County real estate market shows trends and recent sales data for the Santa Barbara & surrounding areas. According to the 27-Year Price Trend shown below, the overall average price range has stayed very consistent with very little movement since the steep climb between 2012 and 2015.  There has been a slight climb since last year.  The median price level shows a linear increase from 2013 to 2016, with increases of about $50,000 per year. Over the last year, there has been an almost a 10% drop in median price levels, or about $100,000. The average price in SB South County is approximately 1.43 million, while the median price is about $840,000.

The total number of  sales has slightly increased for the month of November by about to 2% from 143 to 146 total sales. Based on the models from previous years, we should expect a slight to gradual decline in transactions over the next month as the winter months approach. Last year we saw the number of home sales drop in December, January, & February – with sales increasing in March.

The below graphic shows the specific homes and condos sold in and around the Santa Barbara area, with the cost of each home, and which properties were all cash sales.