Unlocking November’s Real Estate Insights: Your Santa Barbara Market Recap

Santa Barbara’s housing market remains healthy, with an increasing number of properties available for sale.

The Santa Barbara South Coast local single-family home and PUD market showed impressive momentum this November, with some notable shifts that could impact your real estate decisions.

We saw 82 homes sold compared to 63 last November – that's significant buyer activity. The median sold price reached $2,412,500, up from $2,075,000 a year ago. What's particularly interesting is that homes are moving faster (45 days on market versus 50 last year) and sellers are achieving 96.21% of their asking price.

Looking at the bigger picture, our year-to-date sales volume is up 19.1% compared to 2024. This tells us we're in an active, appreciating market where well-prepared properties are finding motivated buyers.

What does this mean for you? If you're considering selling, the combination of strong demand and quick sales could work in your favor. If you're looking to buy, having the right strategy and guidance is essential in this competitive environment.

Every situation is unique, and these numbers are just part of the story. Let’s connect if you would like to explore what these trends mean for your specific goals and timeline.