The Santa Barbara real estate market is on a tear! Year to date, the number of Santa Barbara homes sold is up 17.5% while the number of homes listed for sale in Santa Barbara is down 3.7%. The Santa Barbara median sales price is up 15.6%. The Santa Barbara median sales price is currently $740,000. In 2012 at this time, the Santa Barbara median sales price was $640,000.
Year to date, the Montecito real estate market looks like this. The number of Montecito homes sold is up 16.2% while the number of homes listed for sale in Montecito is up 5%. The median sales price in Montecito is currently $2,438,000. Last year at this time, the Montecito median sales price was $1,824,000. – whopping 33.7% increase in Montecito median sales price.
There is short supply of homes for sale, and strong buyer demand. Rates are great, weather is great. Time to buy in Santa Barbara!! Search homes for sale in Santa Barbara click SEARCH SANTA BARBARA HOMES FOR SALE For personalized attention, contact Wendy Gragg at 805.453.3371 or WGragg@DistinctiveRealEstateOnline.com