Santa Barbara Real Estate Statistical Update. The Santa Barbara real estate market continues its impressive assent. The number of homes sold in Santa Barbara is up 8.1% over the same time last year. The number of new homes listed for sale in Santa Barbara is down 0.6%. The median sales price of homes sold in Santa Barbara is up significantly at 17.5%. The median home price in Santa Barbara currently stands at $773,000. compared with $658,000 last year.
The Montecito real estate market show similar impressive figures. The number of homes sold in Montecito is up 8.4% while the number of new homes listed for sale in Montecito is down 5.0%. The median sales price of homes sold in Montecito is up an even more impressive 27%. The median sales price in Montecito currently stands at $2,350,000. The median home price in Montecito last year was $1,900,000.
While these are impressive figures, they are far off the highs reached prior to the crash. There are several great opportunities out there. To view homes matching your specific criteria, click SEARCH SANTA BARBARA HOMES FOR SALE For personal attention, contact Wendy Gragg at 805.453.3371 or WGragg@DistinctiveRealEstateOnline.com