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 Real Estate Statistical Update – June 17, 2014. The Santa Barbara real estate market activity is brisk. Well priced homes for sale in Santa Barbara are going into escrow very quickly – many with multiple offers. The Santa Barbara real estate market is experiencing a very low number of homes for sale. …
Santa Barbara Real Estate Mid Year Economic Forecast. I attended the Santa Barbara Mid Year Economic Forecast presented by Economist, Dr. Mark Schniepp. Here are the highlights of the presentation: Within the next 12 months, expect higher home prices and rising demand which will increase the currently very low inventory. Within the next…
Santa Barbara Real Estate – Statistical Update June 3, 2014. The Santa Barbara real estate market statistical update is similar to what has occurred so far this year. Fewer Santa Barbara home sales, and fewer Santa Barbara homes listed for sale. Currently, the number of Santa Barbara homes sold is off 21.2% year over…
Santa Barbara Luxury Real Estate – Sales Activity Picking Up. The Santa Barbara luxury real estate market has been enjoying a brisk pick up in activity. The Santa Barbara luxury real estate pending sales include a Montecito Estate on 19 acres listed at $14,900,000., a Carpinteria Oceanfront Home listed at $14,500,000., a 10 acres Montecito Estate listed at $10,900,000., a…
Santa Barbara Luxury Real Estate – Pending Sales. The Santa Barbara luxury real estate market is seeing a good deal of activity recently. A Montecito Ocean View Estate on just over 10 acres has gone into escrow. Its listed at $10,900,000. A Montecito home with guest house and tennis court and walking distance to the…
Santa Barbara Real Estate Statistical Update – May 6, 2014. The Santa Barbara real estate market continues with a lack of supply of homes for sale in Santa Barbara. The number of homes for sale in Santa Barbara is down 7.8% from this time last year. The number of homes sold in Santa Barbara is…
Santa Barbara Luxury Real Estate Activity. The Santa Barbara luxury real estate market is seeing brisk sales activity. This week a Montecito oceanfront property just closed escrow at $19,870,000. This Montecito oceanfront property is on 3.5 acres with 300 feet of pristine Montecito oceanfront. There is an small old home in the background, and remnants of…
The Santa Barbara real estate market continues to suffer from a lack of Santa Barbara homes for sale. The number of Santa Barbara homes listed for sale is down 9.7% over this time last year. The number of Santa Barbara homes sold is down 18.7% over the same time. Eager Santa Barbara home buyers wait…
Santa Barbara Real Estate Statistical Update – April 4, 2014 The Santa Barbara real estate market is abuzz with buyers scrambling to see Santa Barbara homes for sale. Santa Barbara buyers are finding few Santa Barbara homes listed for sale and very few new listings of Santa Barbara homes. This however is a tale…