Santa Barbara Bungalow Listed at $1,750 per Sq. Ft. Amidst Market Shifts
A restored early 20th-century bungalow in Santa Barbara's Lower Riviera has been listed for $1.79 million, equating to $1,750 per square foot. The property, located in the Historic Bungalow Haven District, combines historic charm with modern amenities. Originally built in 1917, the Craftsman bungalow has been updated while maintaining its architectural integrity. The home features two bedrooms, 1.5 bathrooms, a vintage-style kitchen, and a landscaped private garden. The property, listed by Jen Stein of Keller Williams Realty, last sold for $1.09 million in 2019. Santa Barbara's housing market is currently competitive, with a median listing price of $2.5 million and a median rent of $5,900 per month. The market shows signs of slowing, with homes taking longer to sell and a 13% year-over-year drop in median sale prices. 
