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Santa Barbara South Coast Commercial Real Estate Stats – Q2 2026

  • Q2 2026 South Coast Commercial Real Estate Sales: 28 Transactions
  • Q2 2026 South Coast Commercial Sales Volume: $65.2 Million

Santa Barbara Q2 2026 Vacancy Rates

  • Office 6.9% (Down from 9.2% Q1 2026)
  • Industrial 1.6% (Up from 1.2% Q1 2026)
  • Retail 3.0% (Down from 3.2% Q1 2026)

Santa Barbara Q2 2026 Quarterly Absorption (SF)

  • Office 52,200 (vs 66,200 Q1 2026)
  • Industrial 13,900 (vs 6,500 Q1 2026)
  • Retail 21,000 (vs 85,200 Q1 2026)

Santa Barbara Q2 2026 Average Gross Asking Rates / SF

  • Office $3.47 (vs $3.45 Q1 2026)
  • Industrial $2.97 (vs $3.09 Q1 2026)
  • Retail $4.58 (vs $4.94 Q1 2026)

View the Full Santa Barbara CRE Report

Santa Barbara Economic and Demographic Info & Stats

Santa Barbara’s robust economy is driven by a mix of tourism, agriculture, technology, and healthcare, with a strong emphasis on natural assets and a high quality of life.

Primary employers in the area include UCSB, Vandenberg Space Force Base, Santa Barbara city and county governments, Santa Barbara Cottage Hospital, and Chumash Casino Resort.

  • Santa Barbara South Coast Population: 133,800+ Est. Residents; Source: SitesUSA
  • South Coast Average Household Income: $157.7K Est.; Source: SitesUSA
  • South Coast Education: Bachelor Degree or Higher: 50% Source: SitesUSA
  • South Coast Median Home Price: $2.4M Source: California Economic Forecast
  • South Coast Unemployment Rate (Q2 2025): 2.9% Source: California Economic Forecast
  • South Coast Apartment Vacancy Rate: 2.7% Source: California Economic Forecast