Santa Barbara Real Estate – 1st Quarter 2015 Statistical Report. Its a very busy market! While the Santa Barbara median sales price is currently flat year over year at $850,000. the sales activity is brisk. The number of Santa Barbara homes sold in the 1st Quarter 2015 is up 21.1% over this time last year. The number of Santa Barbara homes listed for sale in 1st Quarter 2015 is up 12.8% year over year. Some of these listings are re-listings of homes that were taken off the market for some period of time and brought back on as a new listing.
The Santa Barbara luxury real estate market median sales price is up 41% quarter over quarter. The Santa Barbara luxury real estate median sales price is currently $8,250,000. Last year the Santa Barbara luxury real estate median sales price was $5,850,000. The number of Santa Barbara luxury homes sold in 1st Quarter 2015 is up 155.6% over this time last year. The number of Santa Barbara luxury homes listed for sale is up 71% – this includes many re-listings.
The Montecito median sales price is currently $2,800,000. That is up 35.9% over this time last year when the Montecito median sales price was $2,060,000. The number of Montecito homes sold is up 85.7% over this time last year. The number of Montecito homes listed for sale is up 17.6% over this time last year. This number also includes re-listings.
The Montecito luxury real estate market median sales price is currently $8,400,000. That is down 34.1% over this time last year when the Montecito luxury real estate median sales price was $12,750,000. The number of Montecito luxury homes sold is up a whopping 600% over this time last year. The number of Montecito luxury homes listed for sale is up 123.1%. This includes many re-listings.
Click SANTA BARBARA HOMES FOR SALE to view up to the minute inventory of Santa Barbara homes for sale.
Click SANTA BARBARA LUXURY REAL ESTATE to view up to the minute inventory of Santa Barbara and Montecito luxury homes.
Click SANTA BARBARA DREAM HOME FINDER to receive new listings and recent price reductions of homes matching your specific needs.
To discuss your real estate needs, call Wendy Gragg at 805.453.3371 or email WGragg@DistinctiveRealEstateOnline.com
