April 2020 Santa Barbara Real Estate Market

April 2020 Market Update

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.

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South Santa Barbara County Single Family Homes for April 2020

Including annual change | See definition of terms

113 new listings

25% Decrease

79 sold listings

11% Decrease

440 homes for sale

17% Decrease

$1,159,000 avg sales price

1% Decrease

44 avg days on market

14% Decrease

3.22 months of inventory

30% Decrease

South Santa Barbara County Condos for April 2020

Including annual change | See definition of terms

47 new listings

13% Decrease

29 sold listings

29% Decrease

124 condos for sale

26% Decrease

$651,000 avg sales price

26% Decrease

61 avg days on market

16% Decrease

3.22 months of inventory

30% Decrease

Definition of Terms