Santa Barbara Real Estate Statistical Update. The Santa Barbara real estate market has very strong buyer demand, and very little inventory of homes for sale in Santa Barbara. The number of homes sold in Santa Barbara is up 12.5% over this same time last year while the number of Santa Barbara homes listed for sale is down 3.7% over this same period. Santa Barbara home buyers are very eager for new inventory of homes for sale. The median home price of homes sold in Santa Barbara is $750,000. compared with $651,248 at this time last year. A whopping 15.2% increase in median home price in Santa Barbara. To search homes for sale in Santa Barbara, click SEARCH SANTA BARBARA HOMES FOR SALE For personalized attention, contact Wendy Gragg at 805.453.3371.