Here’s your July 2025 Martin Minute for Santa Barbara real estate, covering both single-family homes and condos. The year-to-date median sale price has seen a slight increase, reaching two million.

Buyer activity remains strong, with more sales than last year, though properties are spending more time on the market compared to last July. The standout factor is inventory, which has grown significantly, giving buyers more options than they’ve had in quite some time. Tip for buyers: Take advantage of the increased inventory and negotiate — there’s no need to rush. Tip for sellers: With competition high, pricing and presentation are non-negotiables if you want to stand out. If you’re ready to make a smart move in this shifting market, let’s connect and discuss the best strategy for your goals. 💬 Thinking about your next move? Let’s take a look at your goals and the current market conditions to craft a plan that works for you.