The Weekly Read — Santa Barbara Market Report
Preview of The Weekly Read, Week ending Oct 18, 2026

Santa Barbara real estate market: week ending October 18, 2026

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.

37New listings
32Price changes
26Sales
21Under contract
$2,249,000Median sale
362Active listings

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.

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.

Under contract after 402 days

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.

Eight sold at full ask

8 of 26 sales closed at or above their final asking price: 3 above and 5 at.

The week's largest reduction

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.

Displaying Santa Barbara Real Estate Market Update.
The Weekly Read — Santa Barbara Market Report
Preview of The Weekly Read, Week ending Oct 11, 2026

Santa Barbara real estate market: week ending October 11, 2026

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.

38New listings
21Price changes
19Sales
30Under contract
$2,440,000Median sale
362Active listings

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.

The upper end carried the median

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.

The week's largest reduction

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.

Work With Kathy

Kathy embodies a go-getter spirit, fueled by curiosity, proactivity, and a keen sense of anticipating the needs of others. With a commitment to personal and professional growth, she stays informed and up-to-date on various aspects of real estate, politics, and lifestyle trends. Drawing from over two decades of experience, Kathy recognizes that being a real estate agent means more than just facilitating transactions. It involves understanding the unique goals and aspirations of each client and navigating the intricate process of buying or selling a home. Kathy upholds the highest standards of competence, integrity, and creativity in her work, ensuring that her clients receive only the best. With an extensive network of industry professionals and a deep understanding of the real estate market, she provides valuable insights and guidance throughout the entire real estate journey.