Santa Barbara Housing Market Report – April 2026
Here's a look at how the Santa Barbara, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 82
- Median Sale Price: $1,785,000
- Average Sale Price: $2,458,335
- Average Price Per Sq Ft: $1,270
- Average Days on Market: 73
- Sale-to-List Price Ratio: 99.2%
Month-Over-Month Trends
Compared to March, the median sale price in Santa Barbara moved 12.3% down (from $2,035,000 to $1,785,000). The number of homes sold was 7.9% down compared to the prior month (89 vs. 82). Average days on market shifted 13.1% down (84 days to 73 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 8.1% down (from $1,942,500 to $1,785,000). Sales volume is 19.6% down year-over-year.
What This Means
Santa Barbara's housing market is cooling noticeably as spring unfolds. With 82 homes sold in April, sales volume has dropped nearly 8% from March and almost 20% compared to last year, signaling a meaningful slowdown. The median price fell 12.3% month-over-month to $1.785 million, though it's still holding relatively steady year-over-year at just an 8.1% decline. This suggests the market may be stabilizing after sharper drops, but momentum is clearly waning.
What's telling is how quickly homes are moving off the market. Average days on market dropped to 73 from 84 days, and sellers are capturing 99.2% of their asking prices—both healthy indicators. However, this isn't reflecting a surge in buyer demand. Instead, it likely reflects a shift in inventory composition and more realistic pricing from sellers who've adjusted expectations. The gap between median and average sale prices remains wide at nearly $673,000, indicating that while typical homes are moderating, luxury properties continue pulling the average upward.
The real concern for sellers is in active inventory: 332 homes listed with a median asking price of $2.82 million and an average of 100 days on market. Buyers now have genuine selection and negotiating power. Unless interest rates drop significantly or coastal demand rebounds, expect further price moderation in the months ahead.
Santa Barbara Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93105 | 19 | $1,710,000 | $1,453 | 67 |
| 93110 | 13 | $1,800,000 | $1,030 | 48 |
| 93103 | 12 | $1,812,500 | $1,320 | 72 |
| 93111 | 12 | $1,457,500 | $866 | 78 |
| 93108 | 10 | $3,225,000 | $1,717 | 76 |
| 93101 | 9 | $1,661,000 | $1,095 | 111 |
| 93109 | 7 | $1,945,000 | $1,347 | 40 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 57 | $1,895,000 | $1,371 |
| CONDOS | 14 | $980,000 | $1,113 |
| MULTI_FAMILY | 6 | $1,852,937 | $1,106 |
| MOBILE | 5 | $699,000 | $535 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 1 |
| $500K - $749K | 5 |
| $750K+ | 76 |
Current Active Listings
As of this report, there are 332 active listings in Santa Barbara with a median asking price of $2,820,000 and an average of 100 days on market.
Thinking About Selling Your Santa Barbara Home?
If you're a homeowner in Santa Barbara considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Santa Barbara and throughout Santa Barbara County — get a no-obligation cash offer today.
