Santa Barbara Real Estate Statistical Update – Feb 2019 February 2019 South Coast Snapshot… 79 single family homes sold in February. That is down 5% from last February. 37 condos sold. That is up 32% over last February. Average price for single family homes at $2,198,044. finished up 17%. Median sales price for single family…
Santa Barbara Real Estate – Sales are Brisk! Well located and well priced new listing are selling with multiple offers and Santa Barbara homes that have been on the market for extended periods of time are now selling. Among the Santa Barbara homes that have recently sold after being on the market for an extended…
Santa Barbara Luxury Real Estate – Opportunity Knocks! Plentiful supply & a flat median sales price creates a buying opportunity! The Santa Barbara luxury real estate market, defined as homes priced at $5 million and above is a great buying opportunity. Year to date, the number of homes for sale in the Santa Barbara luxury…
Santa Barbara Luxury Real Estate – Major Price Reductions. The Santa Barbara luxury real estate market has seen some major price reductions just recently. On the Montecito luxury real estate front we recently saw a 9 acre Montecito Estate with private lake and spectacular ocean & island views go from $34 million to $27 million. …