
Key National Highlights
1. New Listings Up 8.2%
New listings rose 8.2% compared to last year, marking 11 consecutive weeks of growth. This increase means buyers now have more choices as more homeowners enter the market to capitalize on improving conditions. For example, as of this writing, I have 18 properties in my listing portfolio, in a price range from $3M to more than $28M.
2. Active Inventory Up 29.2%
The number of homes actively for sale jumped 29.2% year-over-year, continuing a 72-week streak of annual inventory growth. This rise in inventory provides buyers with greater variety and encourages competitive, well-priced listings.
3. Homes Spending a Bit More Time on the Market
Homes spent just three extra days on the market compared to last year, giving buyers a little more breathing room to explore their options and make thoughtful decisions.
4. Median List Prices Holding Strong
The national median list price held steady compared to last year, reflecting a stable market where sellers are pricing homes competitively while maintaining value.
5. Sellers Adapting to Buyer Preferences
With a slight increase in price adjustments, sellers are showing flexibility to meet buyer expectations, creating more opportunities for successful deals.
With conditions aligning favorably, spring presents an exciting window of opportunity for buyers and sellers alike. Now is the perfect time to explore your options and take advantage of this dynamic market!
Neighborhood Market Update

Montecito
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NEW LISTINGS: 36
PENDING: 22
PRICE CHANGES: 19
SOLD: 23

Hope Ranch
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NEW LISTINGS: 4
PENDING: 7
PRICE CHANGE: 1
SOLD: 5

Santa Barbara
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NEW LISTINGS: 134
PENDING: 93
PRICE CHANGES: 60
SOLD: 86

Carp/Summerland
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NEW LISTINGS: 20
PENDING: 13
PRICE CHANGES: 12
SOLD: 10
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Featured Property
Santa Barbara’s Ultimate Luxury Mediterranean Haven
3 Beds 5.5 Baths 6,071 Sq.Ft. 3.08 Acres
Listing Price: $ 8,350,000
Nestled in the Santa Barbara foothills behind private gates, this exquisite Mediterranean retreat blends timeless charm with modern luxury. Set on 3 acres of lushly landscaped grounds, the property offers sweeping ocean and mountain views, vibrant gardens, a sparkling pool, and a charming English garden.

The home was meticulously rebuilt in 2013 to maximize its stunning ocean views while preserving the classic style envisioned by renowned architect A.B. Harmer. Expansive picture windows and thoughtfully designed living spaces frame the breathtaking scenery, blending timeless Mediterranean charm with modern materials and state-of-the-art construction. Built with fireproof Rastra ICF framing, concrete, and steel, the home offers lasting durability and peace of mind.

Inside, the living room features a soaring open-beam ceiling, a grand fireplace, and large picture windows framing breathtaking views. The radiant-heated wood floors extend into the spacious dining area and gourmet kitchen.

The bedrooms, each with ensuite baths, sitting areas, fireplaces, and glass doors to the gardens, provide a serene retreat for owners and guests. Designed with comfort and privacy in mind, they offer stunning vistas and seamless indoor-outdoor living, allowing residents to fully embrace the beauty of their surroundings. Whether enjoying a cozy evening by the fire or stepping outside to savor the fresh ocean breeze, these luxurious spaces create an atmosphere of relaxation and elegance.

Meandering paths, expansive gardens and a shaded poolside veranda complete this private sanctuary—just minutes from downtown Santa Barbara.The property also includes an elegant greenhouse, recently upgraded with a new metal roof and skylights, offering endless possibilities as a botanical haven or creative studio.
If you are considering listing your home or searching for your dream property, now is the best time to act. Let’s discuss your options through a personalized, complimentary consultation. Contact me at (805) 886-9378 or via email at Cristal@montecito-estate.com. In the meantime, you can stay updated on the real estate market by exploring my blog posts, which cover both local and national trends.
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