Santa Barbara Real Estate – Multiple Offers Nets Sales Over Asking! Several recent sales have resulted in multiple offers and sales over asking price. The largest so far is a 2,300 square foot beach house on Sand Point in Carpinteria. It was listed for $9 million. It sold at $9.1 million. Others include a recently…
Santa Barbara Luxury Real Estate – Price Reduction Update Mar 6, 2015. Opportunity Knocks! Recent price reductions in the Santa Barbara luxury real estate market include: A Padaro Lane beach house in Carpinteria. Originally listed at $22,000,000. Price is now $14,250,000. A Park Lane Estate in Montecito. Originally listed at $8,848,000. Price is now to…
Santa Barbara Luxury Real Estate Market on a Hot Streak – Over $163 million in Santa Barbara luxury real estate sales since January 1st! A celebrity owned beach house on Padaro Lane just closed at $19 million. A Montecito Estate on over 3 acres just closed at $15 million. A historic Hope Ranch Estate on 9…
Santa Barbara Real Estate Statistical Update – Feb 27, 2015. The Santa Barbara real estate market is in high demand! Particularly in the Santa Barbara luxury real estate segment. This is quite a shift from the recent past where the bulk of demand was at the low end of the Santa Barbara real estate…
Santa Barbara Real Estate Statistical Update – Feb 16, 2015. The luxury segment of the Santa Barbara real estate market is dominating! This is a twist from the recent past when the low end of the Santa Barbara real estate market was the strongest. The median sales price of homes sold in Santa Barbara is…
Zillow Zestimates Inaccurate – LA Times Feb 8, 2014. The La Times reported “..disparities are a daily occurence.” Zillow CEO Spencer Ranscroft states Zestimates are a good starting point but nationwide there is a median error rate of about 8%. The story goes on to say that in some areas they are off by…
SANTA BARBARA REAL ESTATE Santa Barbara Real Estate Statistical Update – Feb 2, 2015. The Santa Barbara real estate market is off to a strong start! There are many Santa Barbara buyers looking buy now and anxious to see new listings of homes for sale in Santa Barbara. The statistics show the number of…
Santa Barbara Luxury Real Estate Market Off to a Strong Start to the New Year! 7 luxury homes sold and 3 luxury homes pending in the first 23 days of the year. The 7 Santa Barbara luxury homes include a celebrity owned Estate that just closed escrow at $11,500,000., a beautiful historic home in Montecito…
Santa Barbara Oceanfront Real Estate. The oceanfront real estate market in Santa Barbara is very short on supply. There are only 10 oceanfront homes for sale in Santa Barbara. They include: an oceanfront home on Channel Drive in Montecito and listed at $19,500,000., a 1960’s era oceanfront home on Padaro Lane with 175 feet of ocean frontage…
Santa Barbara Real Estate Statistical Update – Jan 15, 2015. The Santa Barbara real estate market is off to a strong start! The Santa Barbara median sales price currently stands at $902,500. That is up 4.9% from this time last year when the Santa Barbara median sales price was $860,000. The number of Santa Barbara…