A guide to the Santa Barbara real estate market for the month of April 2020
In this month’s Santa Barbara real estate report, we are taking a closer look at the impact Coronavirus is having on our local market. Due to the depth of this topic, we felt a video discussion would be more helpful than our typical written commentary. Pour yourself a cup of coffee and enjoy this discussion with Daniel Zia, the Founder of Zia Group.
Single Family Homes for April 2020
Including year over year change
113
New Listings
25% Decrease
New Listings
79
Sold Listings
11% Decrease
Sold Listings
440
Homes for sale
17% Decrease
Homes For Sale
$1,159,000
Median Sales Price
1% Decrease
Median Sales Price
3.22
Months of Inventory
30% Decrease
Months of Inventory
44
Avg Days on market
14% Decrease
Average Days On Market
Condos for April 2020
Including year over year change
47
New Listings
13% Decrease
New Listings
29
Sold Listings
29% Decrease
Sold Listings
124
Condos for sale
26% Decrease
Homes For Sale
$651,000
Median Sales Price
6% Decrease
Median Sales Price
3.22
Months of Inventory
30% Decrease
Months of Inventory
61
Avg Days on market
16% Decrease
Average Days On Market
Past Reports
Historical Data for Santa Barbara Housing Market
Did you know?
3 of 5 homes are underinsured by an average of 20 percent
These homeowners don't have enough coverage to protect them if their home is impacted by a fire or another disaster. Worse still, they won’t know it until it’s too late! Call Weiser Agency today to discover if you are underinsured.