In Ventura County the Median Home Price has gone up 18.3% since the same time last year – now sitting comfortably at $806,000. In Santa Barbara County the jump is even more staggering. Year to year the median sales price jumped 103.8% so that the Median Home Price there is a cool $1,299,000.
Of course the explanation is that demand for homes on the Central Coast has risen more than in any other region of California. Demand here is up a whopping 111.8%.
Source: CALIFORNIA ASSOCIATION OF REALTORS Research & Economics May 2021 County Market Updates, https://www.car.org/marketing/chartsandgraphs/marketupdate