Here’s your market snapshot for Santa Barbara real estate this June, where we’re looking at single-family homes and condos together to get a broader view of activity.

The overall median sale price dipped slightly compared to last year, suggesting some softening in pricing—but not a major shift. Homes are also sitting on the market a bit longer, giving buyers more breathing room and opportunity to negotiate, especially on properties that haven’t moved quickly. Sales volume was a touch lighter than last June, but the bigger story is the surge in available inventory. With more homes on the market, buyers now have the leverage to take their time, assess options, and approach negotiations with confidence. That said, prices for single-family homes are still trending upward overall, especially for well-presented properties in desirable neighborhoods. Buyers – the increase in inventory means it’s a great time to look carefully, ask the right questions, and make thoughtful offers—especially on homes that have been sitting for a while. Sellers – strategy matters more than ever. Homes that are priced realistically and prepared with care are still seeing strong interest, while overpriced or under-prepped listings are being overlooked. 💬 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. And if you're curious about a stunning new listing coming to the market in early August, give me a call—I’d be happy to share early details before it goes live.