Santa Barbara Real Estate Year End Statistical Update. The number of Santa Barbara homes sold is up 33.3% from 2011 t0 2012. The revenue from homes sold in Santa Barbara is up 54.0%. The number of Santa Barbara homes listed for sale is down -6.4%. The median sales price of Santa Barbara homes sold in 2011 was $791,500. The median sales price of homes sold in Santa Barbara in 2012 was $800,000. – a 1.1% increase.
The number of Montecito homes sold is up 48.8% from 2011 to 2012. The revenue from Montecito homes sold is up 75.6%. The number of Montecito homes listed for sale is up 10.3%. The median sales price of Montecito homes sold in 2011 was $2,210,000. The median sales price of homes sold in Montecito in 2012 was $2,275,000. – a 2.9% increase.
Experts widely believe that the bottom of the Santa Barbara real estate market has been reached. To search homes for sale in Santa Barbara click SEARCH SANTA BARBARA HOMES FOR SALE For personalized attention, call Wendy Gragg at 805.453.3371 or email WGragg@DistinctiveRealEstateOnline.com
