Buyers Market or Just Hype? | Real Estate Market Update 2025

🌟 Santa Barbara, Montecito & Hope Ranch Real Estate Market Update | July 2025 🌟

Is Santa Barbara shifting into a true buyer’s market, or does it remain one of California’s most sought-after coastal destinations? 🏖️

In this July 2025 market update, Santa Barbara Realtor Michelle Eskandari breaks down the latest real estate trends shaping Montecito, Hope Ranch, and Santa Barbara. Whether you’re preparing to buy, planning to sell, or simply staying informed, this report gives you the insights you need to make confident decisions.

📊 Key Market Highlights:

✔️ Montecito – Average sales price jumped 43% to $9M. Discover why luxury buyers continue to pay top dollar.

✔️ Hope Ranch – Buyers are negotiating strategically while ambitious sellers aim high.

✔️ Santa Barbara – Inventory is rising, but high-quality homes still move quickly.

✔️ Expert Insight – How Return on Lifestyle (ROL) is driving decisions beyond traditional ROI.

🎯 Who Should Watch:

Buyers ready to identify the right luxury opportunity

Sellers who want to price their homes competitively in a shifting market

Investors & enthusiasts tracking California coastal real estate trends

📲 Ready to Make Your Move?
Contact Michelle for expert guidance in Santa Barbara, Montecito, or Hope Ranch:
📞 805.637.8061
💌 [email protected]

🌐 www.meluxuryhomes.com

✨ Michelle Eskandari – Sotheby’s International Realty
DRE# 01861525