The stretch of coastline from Carpinteria through Santa Barbara and north of Goleta to Gaviota continues to be one of California’s most desirable real estate corridors. In 2025, the market reflects both intense buyer demand and a gradual increase in inventory, creating a dynamic environment for sellers and investors alike.
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The Southern Santa Barbara real estate market closed out October 2025 with a significant burst of activity, defying cooler national trends and reinforcing its status as a resilient, high-demand coastal enclave.
Our analysis of the latest statistics reveals a complex, two-speed market: a surge in monthly transactions driven by shifting mortgage rates, coupled with robust, long-term price appreciation across the board year-to-date.
Here is your full market breakdown for Southern Santa Barbara County through October 2025.
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The residential real estate industry just witnessed a seismic event: the proposed combination of Compass and Anywhere Real Estate. This deal is set to create the world’s largest real estate enterprise, but it also shines a spotlight on the controversial business practices and market power of these two giants.
Here is a breakdown of the companies, the combined entity, and the hot-button issues at play.
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As Q3 wraps and September’s stats roll in, South Santa Barbara County’s residential market tells a tale of recalibration. After years of pandemic-fueled frenzy, 2025 is shaping up as the year the market caught its breath—albeit with a few raised eyebrows and some price tags still flexing their luxury muscles.
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Homes continue to sell close to list price; bidding wars are less frequent than in the boom years (2020-22), but competition remains robust for well-priced, well-located, move-in ready homes.
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The Santa Barbara’s real estate market is humming with activity this summer, but it’s not the frenzied tune of years past. Instead, we’re seeing a more deliberate rhythm—one that rewards preparation, presentation, and strategic timing.
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If you’ve been waiting for a window to open in the Santa Barbara real estate market, this might just be it — and it’s not a drafty one. With interest rates dipping to their lowest level since early April and inventory on the rise, buyers are finally seeing some breathing room.
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If you’ve been wondering whether the Southern Santa Barbara real estate market is cooling off or just catching its breath—spoiler alert—it’s the latter. As we cruise through mid-2025, the region continues to defy broader market trends with a cocktail of rising inventory, resilient demand, and a dash of Hollywood sparkle.
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The Santa Barbara real estate market in 2025 is quite dynamic and continues to attract buyers with its stunning coastal views and desirable lifestyle. Here are some key insights,
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Home prices in Santa Barbara continue to fluctuate, presenting a mixed picture for buyers and sellers. While the median listing home price currently averages around $2.6 million, data from Zillow indicates that home values have increased overall by 7.2% over the past year. This rise, however, comes with neighborhood variations in values. Prime neighborhoods with homes in excellent condition, priced realistically, are moving. Homebuyers taking part in this market should brace themselves for possible bidding wars, particularly in the better neighborhoods. August sales in 2024 were up from the same time in 2023.
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