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Santa Barbara South Coast Commercial Real Estate Stats – Q2 2025

Commercial Real Estate Sales: 20 (vs 12 in Q1 2025)
Sales Volume: $74.7 Million (vs $34 Million in Q1 2025)

Santa Barbara Q2 2025 Vacancy Rates

Office 10.7% (vs 10.7% in Q1 2025)
Industrial 1.7% (vs 1.0% in Q1 2025)
Retail 3.4% (vs 3.3% in Q1 2025)

Santa Barbara Q2 2025 Quarterly Absorption (SF)

Office 65,600 (vs 44,700 in Q1 2025)
Industrial 8,100 (vs 11,100 in Q1 2025)
Retail 32,300 (vs 17,500 in Q1 2025)

Santa Barbara Q2 2025 Average Gross Asking Rates / SF

Office $3.18 (vs $3.18 in Q1 2025)
Industrial $2.90 (vs $3.32 in Q1 2025)
Retail $4.26 (vs $4.18 in Q1 2025)

View the Full Santa Barbara CRE Report

Santa Barbara Economic and Demographic Info & Stats

Santa Barbara’s robust economy is driven by a mix of tourism, agriculture, technology, and healthcare, with a strong emphasis on natural assets and a high quality of life.

Primary employers in the area include UCSB, Vandenberg Space Force Base, Santa Barbara city and county governments, Santa Barbara Cottage Hospital, and Chumash Casino Resort.

Santa Barbara South Coast Population: 133,800+ Est. Residents; Source: SitesUSA
South Coast Average Household Income: $157.7K Est.; Source: SitesUSA
South Coast Education: Bachelor Degree or Higher: 50% Source: SitesUSA
South Coast Median Home Price: $2.4M Source: California Economic Forecast
South Coast Unemployment Rate (Q2 2025): 2.9% Source: California Economic Forecast
South Coast Apartment Vacancy Rate: 2.7% Source: California Economic Forecast