Santa Barbara Real Estate Market Update For April 2020

1 2949 Ventura Dr 1

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.

In this report
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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 median 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 median sales price

    6% Decrease

    61 avg days on market

    16% Decrease

    3.22 months of inventory

    30% Decrease

    Definition of Terms