May 2025 Santa Barbara Real Estate Newsletter

Page 1


Total Sales 563 (+11% from 2024) Single Family Residences Sales 408 (+12% from 2024) Condominium Sales 158 (+13% from 2024)

Single Family Residence

May 2025 YTD

Average Sale Price - YTD

$3,778,480 (+12% from 2024)

Median Sales Price - YTD

$2,611,000 (+13% from 2024)

Carpinteria - Goleta

Santa Barbara

Total Sales 57

Average Sales Price $2,352,395 -6% change from May 2024

Median Sales Price $2,175,000 -5% change from May 2024 May 2025

Single Family Residence

Total Sales - YTD 175 Average

Condominiums

Total Sales -YTD 71

$1,200,000

Total Sales

13

Average Sales Price

$6,492,936 -2% change from May 2024

Median Sales Price $6,810,000 +41% change from May 2024

Hope Ranch

Total Sales

4

Average Sales Price $7,846,500 +26% change from May 2024

Median Sales Price $6,800,000 +12% change from May 2024 May 2025

Median Sales Price -YTD $6,775,000 Single Family

Residence

Total Sales - YTD 15

Average Sales Price - YTD $7,746,786

May 2025

Total Sales

40

Average Sales Price $1,466,750 +2% change from May 2024

Median Sales Price $1,375,000 +3% change from May 2024

Total Sales 10

Average Sales Price $1,181,600 -68% change from May 2024

Median Sales Price $942,500 -35% change from May 2024

2025

Total Sales 1

Average Sales Price $1,495,000

-n/a% change from May 2024

Median Sales Price $1,495,000 -n/a% change from May 2024

Single Family Residence

Total Sales - YTD 6

Average Sales Price - YTD

$2,266,000 Median Sales Price -YTD $2,154,500

Condominiums

Total Sales -YTD 2

Average Sales Prices

Sales Prices

Source: Keeping Current Matters

Charts That Caught

Source: Keeping Current Matters

Caught My Eye “

Source: Federal Board’s Survey of Consumer Finances

Source: Keeping Current Matters

Crafted with intention, designed for a lifetime - this custom-built home blends timeless architecture with a refined traditional aesthetic It offers four beautifully appointed bedrooms and three designer bathrooms, including a luxurious primary suite with a spa-inspired bath and walk-in closet Upstairs, two bedrooms share a stylish bathroom and enjoy sweeping mountain views, while a main-level bedroom provides versatile space for guests, a home office, or a personal gym Thoughtful design touches abound - from the custom front door and garage door to designer lighting, built-in cabinetry, and copper gutters showcasing superior craftsmanship in every detail

Caleb Overton

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