Santa Barbara Real Estate

Market Trends Santa Barbara Real Estate

Market Trends for Santa Barbara Real Estate from 2013 to February 2023

Historically, the California real estate market has been known for its high prices and strong demand, driven in part by the state’s strong job market and desirable location. In recent years, the market has continued to be competitive, with low inventory and high demand leading to bidding wars and rapid price appreciation.

Overall, the California real estate market remains a dynamic and competitive environment, with strong demand, high prices, and tight inventory continuing to be major factors.

In the video below Mike Simonsen from Altos Research, a national real estate research data platform, shares what he believes is in store for the spring home-buying market.

Source Rocket Mortgage

Realtor.com article: An Honest Look at Homebuyer’s New Reality

Share this:
Mark Danforth Lomas

Recent Posts

Update on Santa Barbara Housing Projects

As we wrap up 2025, the conversation around housing in Santa Barbara has never been…

1 week ago

Coastal Market Pulse: Carpinteria to Gaviota

The stretch of coastline from Carpinteria through Santa Barbara and north of Goleta to Gaviota continues to…

4 weeks ago

Market Trends

The Southern Santa Barbara real estate market closed out October 2025 with a significant burst…

1 month ago

New Luxury Homes in southern Santa Barbara

The Santa Barbara real estate market is seeing a resurgence in new development, extending beyond…

1 month ago

Veterans Day in Santa Barbara 2025

On Tuesday, November 11, 2025, Santa Barbara will join the nation in observing Veterans Day,…

1 month ago

The Compass Anywhere Merger

The residential real estate industry just witnessed a seismic event: the proposed combination of Compass…

2 months ago