93111 Home Values & Market Trends

There are 8 homes currently listed for 93111. 93111 real estate market trends show that home prices range from $860,000 to $3,595,000, and the median sales price in the 93111 zip code is $1,585,741.49. The total number of properties sold within the past twelve months is 99. In 93111, 4 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

Housing Market Summary for 93111

Apr 2023March 2024Change
Median Listing Price$1.7M$1.6M-9.10%
Median Sold Price$1.5M$1.6M5.56%
Homes For Sale88-
Homes Sold1501510.67%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 93111

The median list price of a home in Santa Barbara, is $1,585,741.49. A total of 8 properties are for sale, and the percentage of properties for sale in the zip code is 8.00%. The total count of 93111 properties is 5,594.

Foreclosure
There is 1 cities within 93111; within this cities, the median estimated home value for homes in foreclosure ranges from $5,425,000 in santa barbara to the lowest value of $645,100 in santa barbara. Foreclosure homes account for 0.00% of properties in 93111 with santa barbara containing 40 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in 93111 with santa barbara containing 30 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 93111; of that cities, the estimated home value for pre-foreclosure homes ranges from $5,425,000 in santa barbara to the lowest home value of $645,100 in santa barbara.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 93111 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 93111. There is 1 cities within 93111; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    santa barbara has 10 auction properties, the highest number of properties going to auction in a single city in the state of 93111. Auction homes and other auction properties account for 0.02% of all properties in 93111. There is 1 cities within 93111; of that cities, the median estimated home value for homes going to auction ranges from $4,132,000 in santa barbara to the lowest value of $1,302,000 in santa barbara.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in 93111 with santa barbara containing 88 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 93111; homes for sale in that cities, have a range of median values from $9,133,200 in santa barbara to the lowest value of $707,500 in santa barbara.
    Sold Homes
    The median value for recently sold homes ranges from $16,504,950 in santa barbara to the lowest price of $160,869 in santa barbara. There is 1 cities within 93111. santa barbara has 1100 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.75% of properties in 93111.

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      Guide for 93111

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      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

      Market Trend Report For Bakersfield, California – March 2024
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      This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
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      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

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      California|posted 6 March 2024

      Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.

      Recently Listed Homes 93111

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