South Coast
Data Dashboard
South Coast Data Dashboard
Reporting Date: 2nd Quarter 2024
Residential Real Estate
Median Home Selling Value
| City | Current* | 1 Year Ago | % Change |
|---|---|---|---|
| Carpinteria | $2, 000,000 | $ $1,457,131 | 37.3% |
| Goleta | $ $1,565,000 | $ $1,620,000 | -3.4% |
| Santa Barbara | $ $2,200,000 | $ $2,037,500 | 8.0% |
| South Coast | $ $2,225,000 | $ $2,100,000 | 6.0% |
Single Family Home Sales YTD
| City | Current* | 1 Year Ago | % Change |
|---|---|---|---|
| Carpinteria | 5 | 2 | 150% |
| Goleta | 19 | 14 | 35.7% |
| Santa Barbara | 39 | 34 | 13.7% |
| South Coast | 81 | 63 | 28.6% |
Apartments
| City | Current* | 1 Year Ago | % Change |
|---|---|---|---|
| Median Rent | $$2,599 | $2,503 | 3.8% |
| Vacancy Rate | 2.4% | 1.7% | 0.7% |
Building Permits
Residential Building Permits YTD (units)
| City | Current* | 1 Year Ago | % Change |
|---|---|---|---|
| Carpinteria | 0 | 0 | 0% |
| Goleta | 2 | 2 | 200% |
| Santa Barbara | 11 | 19 | -42.1% |
Commercial Real Estate
Commercial Vacancy Rate
Carpinteria
| Current* | 1 Year Ago | % Change | |
|---|---|---|---|
| Office | 29.4% | 27.1% | 2.3% |
| Industrial | 1.5% | 1.2% | 0.3% |
Goleta
| Current* | 1 Year Ago | % Change | |
|---|---|---|---|
| Office | 8.6% | 9.6% | -1.0% |
| Industrial | 2.8% | 4.0% | -2.2% |
Santa Barbara
| Current* | 1 Year Ago | % Change | |
|---|---|---|---|
| Office | 9.6% | 13.8% | -5.2% |
| Industrial | 0.8% | 0.4% | 0.4% |
| Retail | 2.5% | 2.6% | -0.1% |
Workforce
Professionals
0
Changed Jobs
0
Job Posts
0
Engaged Talent
0
Unemployment
| City | Current* | 1 Year Ago | % Change |
|---|---|---|---|
| Carpinteria | 5.6% | 4.4% | 1.2% |
| Goleta | 3.2% | 2.4% | 0.8% |
| Santa Barbara | 3.3% | 2.6% | 0.7% |
| South Coast | 3.5% | 2.7% | 0.8% |
Median Household Income
| City | Current* | 1 Year Ago | % Change |
|---|---|---|---|
| Carpinteria | $83,882 | $88,211 | -4.9% |
| Goleta | $105,612 | $109,392 | -3.5% |
| Santa Barbara | $89,644 | $85,334 | 5.1% |
| South Coast | $94,900 | $95,312 | 0.6% |
Santa Barbara County Labor Force
| Indicator | Current* | 1 Year Ago | % Change |
|---|---|---|---|
| Labor Force | 216,800 | 213,00 | 1.8% |
| County Unemployment | 12,200 | 10,200 | 18.6% |
| County Unemployment Rate | 5.6% | 3.8% | 0.8% |
Sales Tax
Taxable Retail Sales (millions)
| City | Current* | 1 Year Ago | % Change |
|---|---|---|---|
| Carpinteria | $46.6 | $45.4 | 2.7% |
| Goleta | $256.3 | $257.2 | -0.3% |
| Santa Barbara | $599.1 | $602.6 | -0.7% |
| South Coast Total | $902.0 | $904.1 | -0.5% |
Tourism
Hotel Occupancy Rate
| City | Current* | 1 Year Ago | % Change |
|---|---|---|---|
| Santa Barbara South Coast TBID | 82% | 78% | 4% |
| City of Santa Barbara | 82% | 76% | 6% |
| City of Goleta | 84% | 88% | -4% |
| County Unincorporated | 75% | 68% | 7% |
Transient Occupancy Tax (millions)
| City | Current* | 1 Year Ago | % Change |
|---|---|---|---|
| Santa Barbara | 2.66 | 2.59 | 2.6% |
Airport Passenger Count
| Current* | 1 Year Ago | 1 Year Change | |
|---|---|---|---|
| Santa Barbara Airport (Monthly Total) | 109,222 | 101,934 | 7.1% |
| Santa Barbara Airport (YTD) | 282,223 | 277,344 | 2.8% |
Cannabis (Santa Barbara County Taxable Sales)
$0
2022
$0
2023
$0
2024
Homelessness
Homeless Residents
| City | Current* | 1 Year Ago | 1 Year Change |
|---|---|---|---|
| Carpinteria | 23 | 21 | 9.5% |
| Goleta | 136 | 91 | 49.5% |
| Santa Barbara | 787 | 882 | -10.8% |
| Other South Coast Areas | 161 | 267 | -39.7% |
| Total South Coast | 1107 | 1260 | -12.2% |
| Total Santa Barbara County | 1887 | 1887 | 0.0% |
Most Recent Permanent Address of Homeless Individuals
(PIT Count)
0%
0%
0%
0%
0%
Estimated Vehicular Homelessness by City
| City | (PIT Count) |
|---|---|
| Carpinteria | 8 |
| Goleta | 48 |
| Santa Barbara | 274 |
Poverty
Poverty Rate
| City | Current* | 1 Year Ago | % Change |
|---|---|---|---|
| Carpinteria | 3.0% | 3.9% | -0.9% |
| Goleta | 4.8% | 3.3% | 1.5% |
| Santa Barbara | 6.9% | 6.9% | 0.0% |
| South Coast | 5.5% | 4.9% | 0.6% |
*Data is sourced from various entities and reflects the most-up-to date data available to the public. Some sources may experience reporting delays of 30+ days.