35 homes sold in Toro Canyon in the last year, at a typical $4.1M
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Toro Canyon homes are listed.
Every place Toro Canyon homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Toro Canyon.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A third of Toro Canyon’s sales are condos, at $5.4M less than a house
21 houses and 13 condos sold in the year to May 2026. Condos sell faster and draw more bidding wars.
typical sale · 21 sold in 12 months
- Per square foot
- $1,584CA $494
- Days to sell
- 128
- Sold over asking
- 10%
- Listings with a price cut
- 18%
typical sale · 13 sold in 12 months
- Per square foot
- $1,167CA $561
- Days to sell
- 55
- Sold over asking
- 15%
- Listings with a price cut
- 33%
Townhouses: 1 sold, typical $750K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.7 times the 2016 price
35 sales in the last year, against 50 in 2021 and a low of 22 in 2018. The typical sale went from $2.4M in 2016 to $4.1M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $2M buys in Toro Canyon
Check a listing against what Toro Canyon homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Toro Canyon are more common than before the pandemic, with about as many homes for sale
We read every month of Toro Canyon’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 35 sales.
If you’re buying in Toro Canyon
- Shop in March. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
- Some room to negotiate. 17% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 97.1% of the list price on average; 11% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 6 a month), but July is the most competitive: 21% of July sales close over asking. March offers nearly as much choice with fewer homes bid up (8%). February has the least competition (0%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than California
| Toro Canyon now | 2017–19 | 2021 peak | CA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 11% | 6% | 26% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 51% | 19% | 48% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 17% | 16% | 13% | 24% |
| Price paid vs. askingAverage sale price ÷ list price | 97.1% | 94.6% | 99.4% | 99.7% |
| Days to sellMedian days from listing to contract | 91 | 151 | 64 | 44 |
20 homes for sale on a typical day
That’s 2.3 times the 2021 low (9), about the 2017–19 level and well under 2012’s 32.
1 in 6 listings has cut its price
17% in the last year, against 16% in 2017–19 and 24% across California.
Since 2019, houses are up -27%, condos 24%
A house typically sold for $6.2M in the last year (21 sales), a condo for $809K (13).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 2.
Best time to buySchools
The schools grade for Toro Canyon, from test results, graduation and how much students grow.
Schools in Toro CanyonTypical commute
The average one-way trip to work for people who live in Toro Canyon.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Carpinteria, Santa Barbara, Mission Canyon, Eastern Goleta Valley and Oak View sell for less a square foot; Montecito for far more
The busier markets within 25 miles of Toro Canyon, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Santa Barbara | 599 | $1.9M | $1,224 | 23% | 51 |
| Eastern Goleta Valley | 243 | $1.8M | $958 | 27% | 45 |
| Montecito | 138 | $6.5M | $1,977 | 9% | 92 |
| Carpinteria | 108 | $1.3M | $941 | 29% | 43 |
| Oak View | 62 | $977K | $706 | 19% | 55 |
| Toro Canyon | 35 | $4.1M | $1,450 | 11% | 91 |
| Mission Canyon | 33 | $2.5M | $1,082 | 6% | 110 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Toro Canyon, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Toro Canyon. People who follow the town see it, and so do people comparing Toro Canyon with their own town. No commission, no listing fee.
Questions about buying a home in Toro Canyon
What do homes sell for in Toro Canyon, CA?
35 homes sold in the year to May 2026 at a typical $4.1M, $1,450 a square foot. Houses sold for about $6.2M, condos for about $809K.
Is Toro Canyon a buyer’s or seller’s market?
A seller’s market: 21 homes were for sale in May 2026 and 8 sold, about 2.6 months of supply. Buyers paid 97.1% of asking on average, and 17% of listings cut their price.
When is the best time to buy in Toro Canyon?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Toro Canyon?
Zillow, Redfin, Realtor.com and Homes.com all carry Toro Canyon’s MLS listings; the search links above open each one filtered to Toro Canyon.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).