Santa Barbara South County MLS Statistics For February 2025

Santa Barbara South County MLS Statistics For February 2025

Santa Barbara South County MLS Statistics For February 2025
Real Estate Market Update

Here are the SB MLS Statistics for February 2025: https://sbaor.org/clientuploads/2025/Stats/February_2025_stats.pdf

Statistic Highlights:

  • Median Sales Price is steadily climbing since 2021 from $1,850,000 to $2,815,000 in 2025.

  • At the start of February 2025, the average 30-year fixed mortgage rate was 6.89%. This was down slightly from the previous week, when the average rate was 6.95%. In mid-February, the average 30-year fixed mortgage rate was 6.76%. This was a 13 basis point decrease from the beginning of the month, according to Freddie Mac data.

  • Although mortgage rates have recently decreased, they remain high compared to the pandemic. This is due to a number of factors, including: high home prices, low inventory, inflation concerns, economic uncertainties, and elevated home prices. 

  • Increase in median sales price - up 22.7% over last year:
    $2,295,000 (2024) to $2,815,000 (2025)

  • February Sales 2025: SFR 72 (37 DOM) | Original List Price to Sales Price = 96.54%

  • February Sales 2024: SFR 54 (36 DOM) | Original List Price to Sales Price = 93.24%

 

Santa Barbara South County Active Listings for the Last 12 Months

 

Santa Barbara South County Number of Home, Estate, and PUD Sales Year-to-Date 2008 to 2025

Santa Barbara South County Median Sales Price of Home, Estates, and PUDs Year-to-Date 2008 to 2025

 

Santa Barbara South County Home, Estates, and PUD Sales - Month by Month

Santa Barbara South County Home, Estates, and PUD Median Sales Price - Month by Month

 

Contact us to receive a link to the in-depth Fidelity Title Report Santa Barbara, Montecito & Hope Ranch monthly and year-to-date statistics.

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