1 / 20
Price cut: $396,000 (8/5)
3D TOUR
$4,999,000FOR SALE
3 beds · 3 baths · 1,693 sqft
BHHS California Properties
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4 homes in 93101
Homes for Sale in 93101
Santa Barbara, CA
12 W Gutierrez Street, Santa Barbara, CA 93101
1 / 20
$2,000,000FOR SALE
4 beds · 2 baths · 1,330 sqft
Invest SLO
1 / 7
Price cut: $25,900 (8/22)
$949,000FOR SALE
2 beds · 3 baths · 1,020 sqft
AXEN Realty
1 / 20
Price cut: $100,000 (8/11)
$3,095,000FOR SALE
3 beds · 2 baths · 1,735 sqft
Village Properties
About 93101 Real Estate
About Santa Barbara: The 93101 ZIP code is in Santa Barbara, CA. Santa Barbara is a coastal city in Santa Barbara County, California, of which it is also the county seat. Situated on a south-facing section of coastline, the longest such section on the West Coast of the United States excepting Alaska, the city lies between the steeply rising Santa Ynez Mountains and the Pacific Ocean. Santa Barbara's climate is often described as Mediterranean, and the city has been dubbed "The American Riviera". As of the 2020 census, Santa Barbara had a population of 88,665.
Today, the 93101 area has 4 homes for sale with a median listing price of $3.1M. The average price per square foot is $1793.
93101 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 90 days to sell, and selling times have slowed 51% versus six months ago. At the same time, supply sits at 4.0 months, roughly in step with demand, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Buyer leverageBalancedSeller leverage
Median Home Price
$3.10M
Chart shows the median closed sale price by month
$2.5M$2M$1.5M$1.1M
Sep 25
Dec 25
Mar 26
Months of Supply
Estimated time to sell all listings at the current sales pace
4.0 months of supply
Balanced Supply4 active listings currently on the market.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
4.0
0369+
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~90 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The slowdown has deepened 51% versus six months ago.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
New
Active
Aging
Stale
About 50% of current listings are under 30 days old, while the rest have been up longer.
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 93101 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
HomeownersRenters
40%
Homeowners
60%
Renters
Homeownership is 15.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
36,618 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
2 Bed$949K
3 Bed$4.0M
4 Bed$2.0M
Each additional bedroom adds about $526K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$3.1M)
Price Reductions
3
3 listings have reduced their price
75% of active listings
Average reduction: 4.4% (~$136K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Santa Barbara
Frequently Asked Questions about Homes for Sale in 93101, CA
How many homes are for sale in 93101, CA?
There are currently 4 homes for sale in 93101, ranging from $949,000 to $4,999,000.
What is the median home price in 93101?
The median list price in 93101 is $3,095,000. Price per square foot averages $1793.
How fast do homes sell in 93101?
Homes in 93101 currently average 90 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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