Real Estate Market Update for Santa Barbara, CA
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 83% from one year earlier, and up 10% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was 2.1-million dollars. Compared to last year, the average number of days units spent on the market before being sold was up 800%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 670-thousand dollars. The number of units sold increased 50% year-over-year, and increased 200% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Santa Barbara, CA
Area Information for Santa Barbara, CA
  • Population: 90,605
  • Median Age: 35.84 yr
  • Median Commute Time: 13.79 mins
  • Educational Climate*: 4
  • Sales Tax: 8%
  • Population Density: 4,654/sq mi
  • Population Change Since 2000: .61%
  • Closest Airport: Santa Barbara Municipal
  • Closest College: Brooks Institute-santa Barbara
  • Closest Jr. College: Santa Barbara City College
  • Median Household Income: $62,190
  • Annual Residential Turnover: 21.94%
  • Median Years in Residence: 2.88 yr
  • Median Home Sales Price: $631,000
  • Closest Major Sports Team: Los Angeles Kings
  • Change Avg. Household Income Since 2000: 30%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Santa Barbara, CA
Median Age: 35.84 Married: 25% Number of Households: 35,305 Households with Children: 8,604
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Santa Barbara, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Coastline Christian Academy 0.8 mi Private K-8 0 5
      Mountain View Elementary 1.0 mi Public K-6 5 4
      Goleta Valley Junior High School 1.0 mi Public 7-8 4 4
      Santa Barbara Charter 1.0 mi Public K-6 3-5 5
      St John Of Damascus Academy 1.1 mi Private 1-7 0 5
      Waldorf School Of Santa Barbara, The 1.2 mi Private PRESCHOOL-8 0 5
      Montessori Center School 1.2 mi Private PRESCHOOL-6 0 5
      Learning Tree Preschool 1.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      Kellogg Elementary 1.2 mi Public K-6 4-5 5
      La Patera Elementary 1.5 mi Public K-6 2-5 4
      Foothill Elementary 1.9 mi Public K-6 4-5 4
      Goleta Family School 1.9 mi Public - 0 0
      St Raphael Elementary 2.1 mi Catholic PRESCHOOL-8 0 5
      El Camino Elementary 2.5 mi Public PRESCHOOL-6 3 3
      Hollister Elementary 3.0 mi Public K-6 4 5
      San Marcos Senior High School 3.1 mi Public 9-12 2-5 4
      San Marcos Bridge Continuation High School 3.1 mi Public 9-12 0 0
      Dos Pueblos Charger Academy 3.4 mi Public 9-12 0 0
      Dos Pueblos Senior High School 3.4 mi Public 9-12 3-5 4
      Santa Barbara Adventist School 3.5 mi Private 1-12 0 0
      Santa Barbara County Rop South 3.6 mi Public 9-12 0 0
      Special Education 3.6 mi Public K-12 0 0
      Santa Barbara Montessori School 3.6 mi Private PRESCHOOL-9 0 4
      Vieja Valley Elementary 3.9 mi Public K-6 4 5
      Isla Vista Elementary 3.9 mi Public K-6 3-5 4
      Brandon Elementary 4.0 mi Public K-6 3-5 4
      La Colina Junior High School 4.2 mi Public 7-8 4 4
      Open Alternative Elementary 4.2 mi Public K-8 2-5 4
      Bishop Garcia Diego High School 4.4 mi Catholic 9-12 0 5
      Ellwood Elementary 4.4 mi Public K-6 4 4
      Hope Elementary 4.5 mi Public PRESCHOOL-6 4-5 4
      Laguna Blanca School 4.8 mi Private K-12 0 4
      Monte Vista Elementary 4.8 mi Public K-6 4 5
      Providence Santa Barbara Christian 5.3 mi Private PRESCHOOL-6 0 5
      El Montecito School 5.7 mi Private PRESCHOOL-6 0 5
      San Roque School 5.7 mi Private K-12 0 4
      Adams Elementary 5.9 mi Public K-6 2-5 4
      Peabody Charter School 6.0 mi Public K-6 4 5
      La Cumbre Jr High School 6.4 mi Public 7-8 3-5 4
      Santa Barbara Community Academy 6.4 mi Public K-6 2-5 4
      Harding University Partnership School 7.0 mi Public PRESCHOOL-6 1 4
      Marymount Of Santa Barbara 7.0 mi Catholic PRESCHOOL-8 0 4
      Monroe Elementary 7.0 mi Public K-6 2 4
      Roosevelt Elementary 7.1 mi Public PRESCHOOL-6 4 4
      Notre Dame Elementary School 7.4 mi Catholic PRESCHOOL-8 0 5
      Orca School 7.4 mi Private 1-5 0 5
      Washington Elementary 7.6 mi Public K-6 4-5 5
      Santa Barbara Middle School 7.9 mi Private 6-9 0 4
      Santa Barbara Senior High School 7.9 mi Public 9-12 3 4
      Anacapa, The 8.1 mi Private 7-12 0 5
      La Cuesta Continuation High School 8.2 mi Public 11-12 1 4
      Providence Hall 8.2 mi Private 7-12 0 0
      Alta Vista Alternative High School 8.2 mi Public 9-12 3 0
      Alta Vista Alternative Junior High 8.2 mi Public 7-8 0 0
      Mckinley Elementary 8.2 mi Public K-6 1 4
      Santa Barbara Junior High School 8.5 mi Public 7-8 4 3
      Santa Barbara County Community 8.5 mi Public 7-12 0 0
      Adelante Charter School 9.0 mi Public K-6 2 5
      Sunrise Montessori School 9.0 mi Private PRESCHOOL-K 0 0
      Franklin Elementary 9.1 mi Public K-6 2-5 4
      Cleveland Elementary 9.3 mi Public K-6 1 4
      Cold Spring Elementary 9.7 mi Public K-6 5 5
      Our Lady Of Mt Carmel Elementary 10.9 mi Catholic PRESCHOOL-8 0 5
      Montecito Elementary 11.4 mi Public K-6 5 4
      Crane Country Day School 12.3 mi Private K-8 0 4
      Vista De Las Cruces Elementary 23.1 mi Public K-8 4-5 5
      Cachuma Elementary School 1,200.9 mi Private PRESCHOOL-7 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Santa Barbara, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.