A guide to the Santa Barbara real estate market for the month of February 2020
The Santa Barbara real estate market continued to soar in February 2020 with healthy demand from local home buyers. The relative shortage of homes for sale is further highlighting this demand. The greatest variable in February is the growing threat of the Coronavirus in America, and Santa Barbara is not immune to the pandemic. As we examine past pandemics, we find minimal volatility in home prices as compared to the stock market. Thus, we are preparing for a possible decrease in transaction volume during the coming months, but we remain optimistic about the durability of Santa Barbara home values. As always, we recommend connecting with a Zia Group agent to learn how these trends may impact your specific real estate goals today.
Single Family Homes for February 2020
Including year over year change
New Listings
New Listings
Sold Listings
Sold Listings
Homes for sale
Homes For Sale
Median Sales Price
Median Sales Price
Months of Inventory
Months of Inventory
Avg Days on market
Average Days On Market
Condos for February 2020
Including year over year change
New Listings
New Listings
Sold Listings
Sold Listings
Condos for sale
Homes For Sale
Median Sales Price
Median Sales Price
Months of Inventory
Months of Inventory
Avg Days on market
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.