Santa Barbara Luxury Real Estate Sales Activity

The Santa Barbara luxury real estate market is beginning to show signs of life again. There were 3 notable sales recently in the Santa Barbara luxury real estate market. An estate on the east end of Montecito just closed escrow at $9,725,000. This Montecito estate sits on just over 10 acres. The main residence is about 8,000 square feet and professionally designed with very high end finish.

Santa Barbara Luxury Real Estate Activity

Santa Barbara Luxury Real Estate Sales Activity Sales in the Santa Barbara luxury real estate market in 2011 have certainly favored the buyers. In the Santa Barbara oceanfront real estate market, there have been 3 sales so far.   One on Channel Drive was a private sale, outside of the Santa Barbara Multiple Listing Service.  The sales…