November Statistics for Santa Barbara.

Houses: There were 29 sales which were down a lot from 46 last month and 38 last November. YTD, 438 homes have sold, running BEHIND by 31% compared to last year. The YTD Median Sales Price is $2,193,500, up 24% from last year. There were 56 homes for sale as of November, which is a lot less than the 100+ that we have in a normal market. On average, homes are selling within 29 days at 96.0% of the list price.

Condos - There was 9 sale in November, lower than 11 last month and 15 last November, YTD 155 condos have sold, which is behind by 35% over last year. The YTD Median Sales Price was $1,050,000, up 12% YTD. There were 15 condos for sale as of November, very low compared to around 40+ pre-pandemic. On average Santa Barbara condos are selling within 15 days on the market at around 99.6% of the list price. Come back next week to hear what's going on in Goleta.