Santa Barbara, Ca

Population: 91,196
Average annual home appreciation rate: 11.35%
Total of homes for sale in this market: 113
Median home price: $1,047,783
Median Rent: $1,768
Home price range: 31.50% of homes are between > $1,259,000
Median sales price: $1,042,000
Number of homes: 169
Median foreclosure sales price: $860,000
Foreclosure discount: 17.5%
Most common home type: 45.80% of homes are single family detached
Number of vacant homes: 8.65%
Number of renters: 60.81%
Number of owner occupied: 39.19%
Number people living below poverty level: 14.03%
Unemployment rate: 3.80%
Is this area perfect for real estate deals going on right now?

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