Cash Sales Remain Elevated Single Family Homes Sold +13% ~ 59 in Jan 2024 vs. 52 in Jan 2023 Single Family Median Sales Price +36% ~ $2,425,000. in Jan 2024 vs. $1,781,469. in Jan 2023 Single Family Average Sales Price flat ~ $3,200,139. in Jan 2024 vs. $3,215,442. in Jan 2023 Single Family…
Santa Barbara Real Estate Statistical Update ~ December and Year End 2023 Yearly Revenue Slashed Amid Low Inventory and High Interest Rates YEARLY REVENUE $2,881,889,322. in 2023 vs. $3,933,446,977. in 2022 Estates Priced $10 Million and Above Revenue $473,387,709. in 2023 vs. $843,590,888. in 2022 Single Family Homes Sold -12%…
46% of All Sales Were Cash Amid High Interest Rates Single Family Homes Sold -7% ~ 53 in Nov 2023 vs. 57 in Nov 2022 Single Family Median Sales Price +10% ~ $1,900,000. in Nov 2023 vs. $1,725,000. in Nov 2022 Single Family Average Sales Price +36% ~ $3,115,957. in Nov 2023 vs. $2,293,720.…