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.…
Katy Perry and Orlando Bloom add to a fast growing celebrity list who are calling Montecito home: Most recently Prince Harry & Meghan Markle, Ariana Grande, Maria Sharapova add to the celebrity ranks which include Oprah Winfrey, Kevin Costner, Gwyneth Paltrow, Drew Barrymore, Jeff Bridges, Ellen DeGeneres and many more. Fabulous weather year round, clean…
Maria Sharapova just picked up a nearly 5 acre ranch with coastline views of the Pacific Ocean. Main residence, guest house, barn and private office that closed in October for $8,550,000. Join the ranks & find your piece of Santa Barbara paradise… View My Exclusive Listings Call or text Wendy Gragg 805.453.3371
Santa Barbara Real Estate Statistical Update ~ August 2022 44% of August Sales Were Cash Amid Higher Interest Rates Inventory Remains Very Low Single Family Homes Sold -37% ~ 98 in Aug 2022 vs. 155 in Aug 2021 Single Family Median Sales Price +32% ~ $2,243,500. in Aug 2022 vs. $1,700,000. in Aug 2021…
Santa Barbara Real Estate Statistical Update ~ July 2022 The Market Is Slowing Inventory Remains Very Low Single Family Homes Sold -50% ~ 66 in July 2022 vs. 133 in July 2021 Single Family Median Sales Price -1% ~ $1,879,000. in July 2022 vs. $1,900,000. in July 2021 Single Family Average Sales Price +5%…
Santa Barbara Real Estate Statistical Update ~ June 2022 The Market Is Shifting Single Family Homes Sold -16% ~ 109 in June 2022 vs. 130 in June 2021 Single Family Median Sales Price +22% ~ $2,275,000. in June 2022 vs. $1,868,250. in June 2021 Single Family Average Sales Price +19% ~ $3,177,810. in June…
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%…