Santa Barbara - Housing Market Summary
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Take a look at these annual side-by-side comparisons to see how your county sales and affordability hold up next to the state and country as a whole. Indicators provided are sales, median prices, supply, and affordability.
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Santa Barbara - Housing Market Summary
- 1. Housing Market Summary Housing Affordability Housing Affordability Housing Affordability USA California Santa Barbara 2,903 2020 Home Sales +7.2% Change from 2019 $860,000 2020 Median Home Price +24.6% Change from 2019 1.6 months Supply Dec. 2020 -38.5% Change from 2019 $177,600 Minimum Income required to buy a home 16% Housing Affordability Index (Q42020) $75,985 Median Household Income Sources: CALIFORNIA ASSOCIATION OF REALTORS®, Claritas, National Association REALTORS® 411,870 2020 Home Sales +3.5% Change from 2019 $659,380 2020 Median Home Price +11.3% Change from 2019 1.3 months Supply Dec. 2020 -48.0% Change from 2019 128,800 Minimum Income required to buy a home 27% Housing Affordability Index (Q42020) $75,670 Median Household Income 5,066,000 2020 Home Sales +5.6% Change from 2019 $299,900 2020 Median Home Price +9.2% Change from 2019 1.9 months Supply Dec. 2020 -36.7% Change from 2019 $56,800 Minimum Income required to buy a home 55% Housing Affordability Index (Q42020) $62,280 Median Household Income