Santa Barbara Area Market Report
SANTA BARBARA AREA REAL ESTATE THROUGH FEBRUARY 2025
Review in Numbers
SOUTH SANTA BARBARA COUNTY
FEBRUARY 2025 YTD
TOTAL SALES
200 (+15% over 2024)
SINGLE FAMILY RESIDENCE SALES
146 (+26% over 2024)
CONDOMINIUM SALES
54 (-7% over 2024)
S ingle Family
SOUTH SANTA BARBARA COUNTY
FEBRUARY 2025 YTD
AVERAGE SALES PRICE • YTD
$4,118,277
+11% change from 2024
MEDIAN SALES PRICE • YTD
$2,767,500
+20% change from 2024
SOUTH SANTA BARBARA COUNTY FEBRUARY 2025 YTD
AVERAGE SALES PRICE • YTD
$1,558,715 +57% change from 2024
MEDIAN SALES PRICE • YTD
$1,205,000 +34% change from 2024
Number of Sales v Median Price over the past 5 years
SOUTH SANTA BARBARA COUNTY · HOMES & CONDOS
FEBRUARY 2025
7
$1,233,679 +42% change from 2024
· YEAR TO DATE
9 AVERAGE SALES PRICE · YTD
$1,515,000 +84% change from 2024
13
$3,533,335 MEDIAN SALES PRICE · YTD $1,775,000 TOTAL SALES · YEAR TO DATE
SALES PRICE · YTD
$1,114,981
SALES PRICE · YTD $900,000
FEBRUARY 2025
1 AVERAGE SALES PRICE
$1,825,000 n/a% change from 2024
$1,825,000 n/a% change from 2024
TOTAL SALES · YEAR TO DATE
2 AVERAGE SALES PRICE · YTD
$2,328,500 MEDIAN SALES PRICE · YTD $2,328,500 TOTAL SALES · YEAR TO DATE
1 AVERAGE SALES PRICE · YTD
$1,825,000
SALES PRICE · YTD $1,825,000
FEBRUARY 2025
20
38
$5,678,099 -50% change from 2024
· YEAR TO DATE
$8,333,147
SALES PRICE · YTD $5,877,634
$5,300,000 -11% change from 2024
SALES · YEAR TO DATE
8
$3,292,360
Santa Barbara
FEBRUARY 2025
$2,520,304 +28% change from 2024
64
$2,275,000 +37% change from 2024
$1,414,455
Hope Ranch
FEBRUARY 2025
3 AVERAGE SALES PRICE
$6,120,000 n/a% change from 2024
TOTAL SALES · YEAR TO DATE
4 AVERAGE SALES PRICE · YTD
$5,432,500 MEDIAN SALES PRICE · YTD $5,395,000
$7,570,000 n/a% change from 2024
SALES · YEAR TO DATE n/a
SALES PRICE · YTD n/a
FEBRUARY 2025
22
29
$1,612,500 +19% change from 2024
10
$1,039,400
$1,087,500
Santa Ynez Valley Review in Numbers
SANTA YNEZ VALLEY
FEBRUARY 2025 YTD
TOTAL SALES
23 (-15% over 2024)
SINGLE FAMILY RESIDENCE SALES
18 (-5% over 2024)
CONDOMINIUM SALES
5 (-38% over 2024)
S ingle Family
SANTA YNEZ VALLEY
FEBRUARY 2025 YTD
AVERAGE SALES PRICE • YTD
$1,985,774 -20% change from 2024
MEDIAN SALES PRICE • YTD
$1,507,500 -3% change from 2024
SANTA YNEZ VALLEY FEBRUARY 2025 YTD
AVERAGE SALES PRICE • YTD
$803,380 +16% change from 2024
MEDIAN SALES PRICE • YTD
$719,900 +5% change from 2024
TOTAL SALES · YEAR TO DATE
8 AVERAGE SALES PRICE · YTD
$1,825,687 MEDIAN SALES PRICE · YTD $1,800,000 TOTAL SALES · YEAR TO DATE
2 AVERAGE SALES PRICE · YTD $759,950 MEDIAN SALES PRICE · YTD $759,950
5 AVERAGE SALES PRICE · YTD $1,085,089 MEDIAN SALES PRICE · YTD $1,110,000 TOTAL SALES · YEAR TO DATE
3 AVERAGE SALES PRICE · YTD
$832,333 MEDIAN SALES PRICE · YTD $675,000 TOTAL SALES · YEAR TO DATE
Los Olivos & Santa Ynez
TOTAL SALES · YEAR TO DATE
5
AVERAGE SALES PRICE · YTD
$3,142,600
MEDIAN SALES PRICE · YTD
TOTAL SALES · YEAR TO DATE
0
AVERAGE SALES PRICE · YTD n/a
MEDIAN SALES PRICE · YTD n/a SINGLE FAMILY RESIDENCES • YTD
$2,395,000
Santa Ynez
Global Connections
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RENEÉ GRUBB Founder & CEO
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