Montecito led the top end
5 of 26 sales were in Montecito, all at $2,725,000 or above. The other 21 were in Santa Barbara, Goleta and Summerland.
Carpinteria, Summerland, Montecito, Santa Barbara and Goleta. Every new listing, sale and price reduction from the Santa Barbara MLS, updated every week by Kathy Henry, Sotheby’s International Realty.
This week in Santa Barbara, 37 homes came on the market and 26 sold. The median sale was $2,249,000, at 94% of the original asking price. 42% of the homes that sold had gone under contract within two weeks. 21 homes went under contract, 48% of them after a price reduction. Active listings stood at 362 on October 19, unchanged from the week before.
5 of 26 sales were in Montecito, all at $2,725,000 or above. The other 21 were in Santa Barbara, Goleta and Summerland.
939 Arcady Road, Santa Barbara went under contract asking $4,575,000, after 402 days of cumulative market time and an original ask of $5,875,000.
8 of 26 sales closed at or above their final asking price: 3 above and 5 at.
1833 El Camino De La Luz, Santa Barbara reduced 9.1% after 40 days on market, from an original ask of $3,625,000. 13 of 32 price changes this week were reductions of 5% or more.
Week ending Oct 18, 2026 · 37 new · 26 sold · 362 active
The full Weekly Read is password protected. Call, text or email me and I’ll send you the password — then you can explore every chart and every property, every week.
I have a password →Sotheby’s International Realty · Montecito · DRE #01403548
Carpinteria, Summerland, Montecito, Santa Barbara and Goleta. Every new listing, sale and price reduction from the Santa Barbara MLS, updated every week by Kathy Henry, Sotheby’s International Realty.
This week on the South Coast, 38 homes came on the market and 19 sold. The median sale was $2,440,000, at 94% of the original asking price. 47% of the homes that sold had gone under contract within two weeks. 30 homes went under contract, 40% of them after a price reduction. Active listings stood at 362 on October 12, up 12 from the week before.
7 of 19 closings were $3M or above — 37%, against a 2026 median of 26%. The $2,440,000 median reflects the mix of what sold, not appreciation.
4020 Cuervo Avenue, Santa Barbara reduced 12.5% after 342 days on market, from an original ask of $10,995,000. 11 of 21 price changes this week were reductions of 5% or more.
Week ending Oct 11, 2026 · 38 new · 19 sold · 362 active
The full Weekly Read is password protected. Call, text or email me and I’ll send you the password — then you can explore every chart and every property, every week.
I have a password →Sotheby’s International Realty · Montecito · DRE #01403548