Santa Barbara Real Estate Statistical Update
January 2026
January Is Off to a Slow Start
Single Family Homes Sold -9% ~ 64 in Jan 2026 vs. 70 in Jan 2025
Single Family Median Sales Price -20% ~ $2,300,716. in Jan 2026 vs. $2,875,000. in Jan 2025
Single Family Average Sales Price -36% ~ $3,078,168. in Jan 2026 vs. $4,822,622. in Jan 2025
Condos Sold -7% ~ 26 in Jan 2026 vs. 28 in Jan 2025
Condo Median Sales Price -14% ~ $862,500. in Jan 2026 vs. $1,000,000. in Jan 2025
Condo Average Sales Price -29% ~ $1,118,481. in Jan 2026 vs. $1,575,549. in Jan 2025
Inventory ~ There was 3.04 months of supply in January. There was 2.59 months in December.
Pending Sales ~ There were 99 pending sales in January. There were 76 in December.
Price Reductions ~ There were 71 price reductions in January. There were 37 in December.
Sales Price % to Original List Price ~ January homes and condos sold at 94.4% of original list price. Of the 108 sales sold in January, 77.7% were above $1,000,000.
CASH SALES
39% of all sales in January were cash
DAYS ON MARKET
100 days for single family homes
72 days for condos
YEAR OVER YEAR PRICE REPORT FOR JANUARY
Santa Barbara Median Sales Price +2% ~ $2,450,000. in Jan 2026 vs. $2,500,000. in Jan 2025
Santa Barbara Average Sales Price +8% ~ $2,850,000. in Jan 2026 vs. $2,638,772. in Jan 2025
Montecito Median Sales Price -32.5% ~ $5,525,000. in Jan 2026 vs. $8,187,500. in Jan 2025
Montecito Average Sales Price -33.9% ~ $6,877,724. in Jan 2026 vs. $10,408,630. in Jan 2025
Hope Ranch Median Sales Price N/A ~ no sales in Jan 2026 vs. $3,370,000. in Jan 2025
Hope Ranch Average Sales Price N/A ~ no sales in Jan 2026 vs. $3,370,000. in Jan 2025
Summerland Median Sales Price +222% ~ $7,500,000. in Jan 2026 vs. $2,328,500. in Jan 2025
Summerland Average Sales Price +222% ~ $7,500,000. in Jan 2026 vs. $2,328,500. in Jan 2025
Carpinteria Median Sales Price -29% ~ $1,550,000. in Jan 2026 vs. $2,000,000. in Jan 2025
Carpinteria Average Sales Price -54.67% ~ $1,850,000. in Jan 2026 vs. $4,075,000. in Jan 2025
Goleta Median Sales Price +3.3% ~ $1,550,000. in Jan 2026 vs. $1,500,000. in Jan 2025
Goleta Average Sales Price +23.6% ~ $1,835,342. in Jan 2026 vs. $1,484,959. in Jan 2025
Source: CORT INDATA as of February 13, 2025. This includes both off market and MLS data combined.
