Ellen DeGeneres just sold another Montecito home. This time for $33,308,250. She purchased the Montecito home for $27,000,000. in January 2019. It is a 4 bedroom, 10,000 square foot home on 9 acres with spectacular ocean views. It was listed for $39,900,000. and sold quickly in 25 days. Ellen DeGeneres purchased an antique barn conversion…
Santa Barbara Real Estate Statistical Update ~ May 2022 The Market Is Beginning to Shift Single Family Homes Sold -42% ~ 92 in May 2022 vs. 159 in May 2021 Single Family Median Sales Price -2% ~ $2,225,000. in May 2022 vs. $2,280,000. in May 2021 Single Family Average Sales Price -9% ~ $3,228,543.…
Santa Barbara Real Estate Statistical Update ~ April 2022 Not Every Property Expecting Multiple Offers Are Getting Them Highly Desirable and Well Priced Get Many – Others Get None Extreme Demand & Lack of Supply Continues Single Family Homes Sold -36% ~ 98 in Apr 2022 vs. 154 in Mar 2021 Single Family Median…
Santa Barbara Real Estate Statistical Update ~ March 2022 Inventory Below 1 Month of Supply for 6 Consecutive Months Extreme Buyer Demand Interest Rates Spike Above 5% Escrow Fall Out More Frequent Single Family Homes Sold -28% ~ 112 in Mar 2022 vs. 156 in Mar 2021 Single Family Median Sales Price +12% ~ $2,300,000.…
Santa Barbara Real Estate Statistical Update ~ February 2022 Number of Cash Sales Increase Amid Higher Interest Rates Single Family Homes Sold -18% ~ 90 in Feb 2022 vs. 110 in Feb 2021 Single Family Median Sales Price +30% ~ $2,484,259. in Feb 2022 vs. $1,914,000. in Feb 2021 Single Family Average Sales Price +19%…
Santa Barbara Real Estate Statistical Update ~ January 2022 Sales Down ~ Prices Up Single Family Homes Sold -31% ~ 79 in Jan 2022 vs. 115 in Jan 2021 Single Family Median Sales Price +15% ~ $1,950,000. in Jan 2022 vs. $1,699,500. in Jan 2021 Single Family Average Sales Price +25% ~ $3,404,999. in Jan…
Santa Barbara Real Estate Statistical Update ~ December & Year End 2021 BEST.YEAR.EVER!!! 2021 Far Surpasses the 2020 Record Yearly Revenue +29% $5,353,551,979. in 2021 vs. $4,142,544,870. in 2020 Estates Priced $10 Million and Above +58% $924,382,712. in 2021 vs. $583,444,267. in 2020 Single Family Homes Sold -36% ~…
Santa Barbara Real Estate Statistical Update ~ November 2021 Sales Plummet for 3rd Consecutive Month Amid Low Inventory Single Family Homes Sold -33% ~ 99 in Nov 2021 vs. 148 in Nov 2020 Single Family Median Sales Price +28% ~ $2,100,000. in Nov 2021 vs. $1,644,500. in Nov 2020 Single Family Average Sales Price…
Santa Barbara Real Estate Statistical Update ~ October 2021 Number of Sales Plummet for 2nd Consecutive Month A Full Year of Shockingly Low Inventory Single Family Homes Sold -36% ~ 118 in Oct 2021 vs. 183 in Oct 2020 Single Family Median Sales Price +3% ~ $1,803,750. in Oct 2021 vs. $1,750,000. in Oct…
Santa Barbara Real Estate Statistical Update ~ September 2021 Number of Homes & Condos Sold Plummet! $4 Million & Below and Well Located High End Still See Multiple Offers Amid Low Inventory Single Family Homes Sold -40% ~ 122 in Sept 2021 vs. 201 in Sept 2020 Single Family Median Sales Price +4% ~…