Santa Barbara Market Snapshot – Week of November 24th–30th
A curated look at the shifts shaping our local real estate market, including Santa Barbara, Montecito, Goleta, Hope Ranch, and Carpinteria/Summerland.
THE MARKET AT A GLANCE
This week brought a modest pulse of new inventory and thoughtful buyer activity across the South Coast, with closings outpacing new listings as we move deeper into the holiday season.
- New Listings: 7
- Under Contract: 2
- Closed Sales: 14
- Average Days on Market: 78
- Median Sale Price: $1,836,932
- Active Listings: 316
What This Means
Despite the seasonal slowdown, the market remains active. With twice as many properties closing as coming to market, inventory continues to tighten—an advantage for sellers positioned correctly. Homes that did sell this week spent an average of 78 days on the market, reflecting selective but steady buyer engagement.
BY AREA
Neighborhood Highlights
Montecito
New: 0 | Pending: 0 | Sold: 0
Santa Barbara
New: 4 | Pending: 0 | Sold: 1
Goleta
New: 2 | Pending: 0 | Sold: 1
Carpinteria
New: 1 | Pending: 2 | Sold: 0
What We’re Watching
Buyer confidence remains steady, particularly among cash purchasers and second-home clients, who continue to drive activity in premium segments.
Considering a Move?
Whether you’re testing the market or planning your next step, our team offers tailored, data-backed guidance rooted in local expertise.
We’d love to hear from you! As you prepare your home for the holiday season, what creative decorating tips or preparation strategies do you have in mind? Share your ideas in the comments below; your insights could inspire others in our community!
If you’re considering a move or have questions about the current real estate market, don’t hesitate to reach out. Whether you’re buying or selling, I’m here to help you navigate all your real estate needs. Contact Gary today at 805-455-8910 or email him at [email protected] for a personalized consultation, and let’s make your holiday season even brighter with the right home for you!
