October 2025 Market Report
- Spann & Associates
- 2 hours ago
- 2 min read
The October 2025 Santa Barbara Area Market Report highlights a year of steady growth and strong activity across South Santa Barbara County. Total sales reached 1,156 year-to-date, marking an 11% increase over 2024, with single-family homes up 12% and condominium sales up 7%. This continued rise in both transactions and prices indicates broad market confidence despite economic shifts.
Single-Family VS. Condo Market Performance
Single-family homes in South Santa Barbara County continue to demonstrate strength in both value and demand. As of October 2025, the average sales price reached $3,700,844, reflecting a 4% increase from the previous year. The median sales price climbed even higher at a 6% gain, landing at $2,350,000, which suggests upward pressure in the mid-range of the market rather than appreciation driven solely by luxury sales. Collectively, these trends show a durable and competitive buyer environment where well-priced homes continue to move efficiently.
The condominium segment also experienced notable appreciation and transaction strength through October 2025. Across South Santa Barbara County, the average condo sales price rose to $1,387,840, posting a 10% annual increase, while the median price climbed 8% to $1,075,000. This growth highlights the steady demand for more accessible ownership options amid rising single-family prices and limited inventory. Condos continue to attract first-time buyers, downsizers, and investors seeking strong long-term appreciation within the Santa Barbara market.
Pricing
A five-year analysis of sales volume and median prices across South Santa Barbara County reveals a consistently upward pricing trajectory, paired with steady transaction levels. Median home prices have risen each year, illustrating the region’s long-term value stability and ongoing desirability. While annual sales totals naturally fluctuate with seasonal dynamics and inventory shifts, the overall trend shows resilience even during periods of interest rate volatility. This long-range pattern reinforces Santa Barbara’s position as a strong, reliable coastal market with enduring buyer demand.
Number of Sales vs. Median Price
Looking Ahead
Every neighborhood and property type in Santa Barbara has its own rhythm and story. My role is to help you interpret these trends through a local lens—whether you’re buying, selling, or simply keeping a pulse on your home’s value.
If you’d like insights tailored to your neighborhood or are considering your next move, my team at Spann & Associates is here to help with expert guidance and dedicated service.
Alyson Spann
805.637.2884
All information provided is deemed reliable, but has not been verified & we do not guarantee it. We recommend that buyers and sellers make their own inquiries. DRE #01206734.
Data Source: Fidelity National Title & Chicago Title: INdata Market Reporting through OCTOBER 2025.
