1 / 20
Price cut: $274,000 (7/16)
$1,575,000FOR SALE
2 beds · 3 baths · 1,922 sqft
Berkshire Hathaway HomeServices California Properties
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7 homes in 93103
Homes for Sale in 93103
Santa Barbara, CA
2041 Paseo Almeria, Santa Barbara, CA 93103
1 / 20
Price cut: $510,000 (6/24)
3D TOUR
$3,990,000FOR SALE
3 beds · 3 baths · 3,250 sqft
Berkshire Hathaway HomeService
1 / 20
Price cut: $279,000 (7/28)
$3,100,000FOR SALE
2 beds · 2 baths · 1,277 sqft
Berkshire Hathaway HomeServices California Properties
1 / 20
3D TOUR
$3,250,000FOR SALE
5 beds · 5 baths · 3,169 sqft
Keller Williams Realty Santa Barbara
1 / 20
Price cut: $100,000 (7/14)
$2,198,000FOR SALE
4 beds · 5 baths · 2,509 sqft
Sotheby's International Realty
1 / 56
Price cut: $170,000 (5/2)
$2,680,000FOR SALE
3 beds · 2 baths · 1,606 sqft
Berkshire Hathaway HomeServices California Properties
1 / 20
$2,998,000FOR SALE
4 beds · 4 baths · 2,561 sqft
Pacific Sotheby's Int'l Realty
About 93103 Real Estate
About Santa Barbara: The 93103 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 93103 area has 7 homes for sale with a median listing price of $3.0M. The average price per square foot is $1317.
93103 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 7.0 months of supply is more than current demand absorbs, and 71% of sellers have trimmed their asking price. At the same time, sales volume is up 67% versus six months ago, 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
$3.00M
Chart shows the median closed sale price by month
$8M$5.6M$3.3M$945K
Oct 25
Jan 26
May 26
Months of Supply
Estimated time to sell all listings at the current sales pace
7.0 months of supply
Ample Supply7 active listings, plenty of options to choose from.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
7.0
0369+
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~55 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 93103 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$2.3M
3 Bed$3.3M
4 Bed$2.6M
5 Bed$3.3M
Each additional bedroom adds about $304K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$997K)
Price Reductions
5
5 listings have reduced their price
71% of active listings
Average reduction: 8.9% (~$267K)
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 93103, CA
How many homes are for sale in 93103, CA?
There are currently 7 homes for sale in 93103, ranging from $1,575,000 to $3,990,000.
What is the median home price in 93103?
The median list price in 93103 is $2,998,000. Price per square foot averages $1317.
How fast do homes sell in 93103?
Homes in 93103 currently average 55 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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