While celebrities have always been fond of living in Santa Barbara, the pandemic has set celebrity buying into overdrive! The widely publicized purchase of an Meghan & Harry’s Estate in Montecito for $14,650,000 in June 2020 set off a buying spree that is alive and well today, albeit with far fewer Estates to choose from.…
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 ~ 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% ~…
Santa Barbara Real Estate Statistical Update ~ August 2021 Market Remains Strong But Frenzy is Cooling Single Family Homes Sold -2.5% ~ 155 in Aug 2021 vs. 159 in Aug 2020 Single Family Median Sales Price +5% ~ $1,700,000. in Aug 2021 vs. $1,625,000. in Aug 2020 Single Family Average Sales Price +43% ~ $3,156,748.…
Santa Barbara Real Estate Statistical Update ~ July 2021 Data Remains Strong As Bidding Wars Cool Off Single Family Homes Sold +5% ~ 133 in July 2021 vs. 127 in July 2020 Single Family Median Sales Price +13% ~ $1,900,000. in July 2021 vs. $1,675,000. in July 2020 Single Family Average Sales Price +17% ~ $2,940,274.…
Santa Barbara Real Estate Statistical Update ~ June 2021 Only 1 Month of Inventory for all of 2021 Demand Remains Strong Single Family Homes Sold +13% ~ 133 in June 2021 vs. 118 in June 2020 Single Family Median Sales Price +30% ~ $1,852,000. in June 2021 vs. $1,425,000. in June 2020 Single Family Average…
Santa Barbara Real Estate Statistical Update ~ May 2021 Shockingly Low Inventory ~ Demand is Staggering Single Family Homes Sold +145% ~ 159 in May 2021 vs. 65 in May 2020 Single Family Median Sales Price +95% ~ $2,280,000. in May 2021 vs. $1,169,000. in May 2020 Single Family Average Sales Price +67% ~ $3,534,792. in…
Santa Barbara Real Estate Statistical Update ~ April 2021 Unprecedented Demand ~ Extremely Low Supply Please Note Covid Negatively Impacted the Market in April 2020 Single Family Homes Sold +123% ~ 154 in Apr 2021 vs. 69 in Apr 2020 Single Family Median Sales Price +71% ~ $2,050,000. in Apr 2021 vs. $1,200,000. in Apr 2020…
Santa Barbara Real Estate Statistical Update ~ March 2021 Median and Average Sales Price at their Highest Ever! Please Note Covid Negatively Impacted the Market in March 2020 Single Family Homes Sold +71% ~ 156 in Mar 2021 vs. 91 in Mar 2020 Single Family Median Sales Price +54% ~ $2,052,500. in Mar 2021 vs. $1,330,000.…