Wishing you a very happy holidays and extending our heartfelt thank you to you - our clients, colleagues and community. Your trust, referrals and continued support mean so much to us, and we're incredibly grateful to be part of your real estate journey. We wish you a beautiful holiday with those you love. Sounds like we may be getting some rain here in SB, we hope you stay cozy and warm and enjoy special time at home.
Here's a snapshot of how our local market performed this year (thru Nov):
Single-Family Residences:
- 929 total sales ( up 13% from '24)
- median prices increased to $2,357,500
Condos:
- 335 total sales ( up 7% from '24)
- median prices increased to $1,098,000
38% of all purchases were all cash, reflecting continued confidence and long-term commitment to our market
As we look ahead to 2026, these trends point to a resilient, opportunity-filled real estate landscape. Whether you're thinking about buying, selling, or simply planning your next move, we'd love to be a resource and sounding board.
CARPINTERIA
number of sales
114
median price
sfr: $1,905,000
condo: $830,000
Carpinteria stayed busy this year, especially in the single-family market, with 60 homes sold - up an impressive 33% over 2024 and a median price of $1,905,000. Condos moved at a slightly slower pace with 54 sales, but pricing held firm, with the median remaining steady at $830,000 - a reassuring sign of stability in this popular coastal segment.
MONTECITO
number of sales
203
median price
sfr: $6,250,000
condo: $2,875,000
Momentum continues in Montecito, where activity increased across the board. Single-family home sales climbed 33% to 175 closings, while condo sales surged 65% to 28 sales, reflecting renewed interest at multiple price points. The median home price rose to $6,250,000, highlighting ongoing demand for Montecito’s signature lifestyle and long-term value.
SANTA BARBARA
number of sales
560
median price
sfr: $2,300,000
condo: 1,184,700
Santa Barbara’s market showed steady, balanced growth this year. Single-family home sales rose 4% to 411, while condo sales jumped 30% to 149, bringing added energy to the condo market. Prices followed suit, with median values up 7% for homes and 8% for condos, signaling continued confidence from buyers across the city.
HOPE RANCH
number of sales
29
median price
sfr: $6,300,000
Hope Ranch saw a notable spike in activity, with 29 sales - up 81% over last year - a meaningful increase for this intimate, luxury enclave. The median price edged up 3% to $6,300,000, though as always, a small number of high-end transactions can influence the numbers in this uniquely sized market. Each sale tells its own story here.
GOLETA
number of sales
342
median price
sfr: $1,717,500
condo: $942,000
Goleta’s single-family market remained strong and steady, with 242 sales - up 9% from 2024 and a median price rising 6% to $1,717,500. Condo sales slowed somewhat, down 17% year over year, suggesting a more measured pace, while demand for single-family homes continues to anchor the market.
SANTA YNEZ VALLEY
number of sales
170
median price
sfr: $1,794,250
condo: $727,450
The Santa Ynez Valley experienced a quieter year in terms of sales volume, with single-family home sales trending lower, while single-family median prices increased 15% over 2024. Condo values moved higher too, with the median price up 10% to $727,450.
And beyond the numbers, the Valley continues to shine - especially Solvang this time of year, famous for its festive Christmas spirit and seasonal charm that make it a favorite destination for the holidays.
Reach out anytime to talk through your 2026 real estate goals - we're always happy and ready to help.
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