March flew by—so let’s take a quick look at what’s happening in the Santa Barbara market, focusing on areas East and West of State Street.

For single-family homes, sales were slightly down compared to last year, but prices are on the rise. Homes spent more time on the market and sold just under asking. The median price saw a significant increase, while inventory continued its upward trend—offering more opportunities for buyers this spring. The condo market picked up momentum, with sales more than doubling year over year. Homes sold quickly and nearly at full price. Prices rose modestly, and inventory growth means more choices for condo buyers across the city. Looking Ahead Next week, we’ll dive into Goleta’s market trends for March 2025.