Santa Barbara Real Estate Statistical Update Sept 15, 2014. The Santa Barbara median home selling price continues its double digit gains! The Santa Barbara median selling price currently stands at $878,000. That is up 13.3% over this time last year when the Santa Barbara median selling price was $775,000.
The number of Santa Barbara homes listed for sale continues the negative trajectory that has been in place all year long. The number of Santa Barbara homes listed for sale is currently off 5.5% over this time last year. The number of Santa Barbara homes sold is also continuing its year long negative pace. The number of homes sold in Santa Barbara is currently off 17.4% over this time last year. The lack of Santa Barbara homes for sale is impacting the number of Santa Barbara homes sold.
As evidenced by the median sales price, the Santa Barbara real estate market activity has largely been at the lower end of the price scale. Great opportunity exists in the Santa Barbara luxury real estate market where inventory is much more plentiful, with several motivated Sellers. Click SANTA BARBARA LUXURY REAL ESTATE to search Santa Barbara homes for sale matching your specific criteria. To have new listings and price reductions mathing your specific criteria emailed to you, click DREAM HOME FINDER.
For personal attention, call Wendy Gragg at 805.453.3371 or email WGragg@DistinctiveRealEstateOnline.com