Santa Barbara Real Estate Statistical Update. The Santa Barbara real estate market is on a tear! Well priced new listings are going into escrow right away, some with multiple offers. The number of Santa Barbara homes sold in February is up 31.1% compared to last year. The number of Santa Barbara homes listed for sale in February is down 1.1% compared to last year. The median sales price of a Santa Barbara home is up 23.6%. The median price of a Santa Barbara home this year is $747,500. Last year at this time, the median price of a Santa Barbara home was $605,000.
The number of Montecito homes sold in February is up 200% – No that is not a typo… The Montecito real estate market is up two hundred percent compared to this same time last year. The number of Montecito homes listed for sale in February is up 8.3%. The median sales price of a Montecito home is up 45.9%. The median sales price of a Montecito home this year is $2,225,000. Last year, the median price of a Montecito home was $1,525,000.
To search Santa Barbara real estate or Montecito real estate, go to the top of this page and click SEARCH SANTA BARBARA HOMES FOR SALE You can also contact Wendy Gragg at 805.453.3371 or WGragg@DistinctiveRealEstateOnline.com