Santa Barbara Housing Market Report – March 2026
Here's a look at how the Santa Barbara, CA real estate market performed in March 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 89
- Median Sale Price: $2,035,000
- Average Sale Price: $2,813,397
- Average Price Per Sq Ft: $1,215
- Average Days on Market: 84
- Sale-to-List Price Ratio: 97.8%
Month-Over-Month Trends
Compared to February, the median sale price in Santa Barbara moved 10.0% up (from $1,850,000 to $2,035,000). The number of homes sold was 30.9% up compared to the prior month (68 vs. 89). Average days on market shifted 25.4% up (67 days to 84 days).
Year-Over-Year Comparison
Compared to March 2025, the median sale price is 10.7% up (from $1,838,500 to $2,035,000). Sales volume is 6.0% up year-over-year.
What This Means
Santa Barbara's housing market is firing on multiple cylinders this March. Sales volume jumped nearly 31 percent from February and prices climbed another 10 percent month-over-month, signaling strong spring momentum. The median price of $2.035 million reflects the region's enduring appeal and scarcity value, while the 97.8 percent sale-to-list ratio tells us sellers still have meaningful leverage. This is classic seasonal strength—we typically see Santa Barbara warm up as weather improves and buyers gear up for spring moves.
However, there's a slight tension worth noting. Days on market stretched from 67 to 84 days, a meaningful 25 percent increase, suggesting homes aren't moving quite as quickly despite the price appreciation. Meanwhile, 305 active listings with a median asking price of $2.825 million indicates inventory is gradually accumulating. This hints that the market may be gradually rebalancing after years of extreme scarcity. For buyers, this is encouraging news; for sellers, the window for pricing aggressively may be narrowing.
Overall, Santa Barbara remains a seller's market, but the sharp year-over-year comparisons—10.7 percent price growth coupled with just 6 percent sales volume growth—suggest we're past the frenzied pandemic era. This is a market finding its equilibrium.
Santa Barbara Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 93105 | 26 | $1,995,000 | $1,102 | 73 |
| 93110 | 18 | $2,825,000 | $1,131 | 102 |
| 93101 | 11 | $1,795,000 | $986 | 65 |
| 93109 | 10 | $2,235,000 | $1,760 | 71 |
| 93108 | 9 | $5,800,000 | $1,803 | 98 |
| 93111 | 9 | $1,480,960 | $818 | 113 |
| 93103 | 6 | $1,392,500 | $1,187 | 67 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 66 | $2,435,000 | $1,308 |
| CONDOS | 16 | $1,367,500 | $1,028 |
| MOBILE | 3 | $480,000 | $396 |
| MULTI_FAMILY | 3 | $1,995,000 | $892 |
| TOWNHOMES | 1 | $1,795,000 | $1,015 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 2 |
| $400K - $499K | 2 |
| $500K - $749K | 3 |
| $750K+ | 82 |
Current Active Listings
As of this report, there are 305 active listings in Santa Barbara with a median asking price of $2,825,000 and an average of 102 days on market.
Thinking About Selling Your Santa Barbara Home?
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