Santa Barbara RegionSanta Ynez Valley Region

Market Update

Santa Barbara Region

Q1 2025

Residential Property Snapshot

Single Family Homes & Condos | Q1 2025
Med. Sales Price
$2.48m
24% more than in
Q1 2024
Avg. Days On Market
42
5% more than in
Q1 2024
Closed Sales
244
16% more than in
Q1 2024
Inventory
251
1095% more than in
Q1 2024

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q1 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q1 2025

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q1 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q1 2025

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'24 - '25
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
1k%
New Listings
New Listings represents the number of properties listed during the quarter.
43%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
556%
Closed Sales
16%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
5%

7 Communities

Communities

Carpinteria

Median
$1.55m
DOM
34
Sales
19
Inv
26

Goleta

Median
$1.38m
DOM
25
Sales
27
Inv
20

Hope Ranch

Median
$6.3m
DOM
78
Sales
9
Inv
19

Montecito

Median
$5.73m
DOM
59
Sales
56
Inv
83

Ojai

Median
$1.48m
DOM
101
Sales
21
Inv
26

Santa Barbara

Median
$2.36m
DOM
35
Sales
121
Inv
94

Summerland

Median
$3.03m
DOM
87
Sales
7
Inv
6

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Data provided by Santa Barbara Association of Realtors. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Mar 31, 2025 end of day. This report was last updated Apr 4, 2025.

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