The Santa Barbara luxury real estate market is setting records again! 2019 was a record setting year, and 2020 is on pace to blow past 2019. The Santa Barbara luxury real estate market is defined as homes priced at $10,000,000. and above. 2019 had a record $364,735,903. in closed sales volume. 2020 currently has $364,686,017…
Santa Barbara Luxury Real Estate – Finishing the Year Strong! Among the most recent luxury real estate sales are: a Montecito home near Butterfly Beach that was listed at $13.9 million and sold in 9 days for $13.037 million; an oceanfront home on Padaro Lane that was listed for $9.45 million and sold…
Santa Barbara Luxury Real Estate – Activity Update. The Santa Barbara luxury real estate market has had a very strong year with luxury sales totaling $263.2 million year to date. That compares with $161.7 million in luxury sales in 2014. A few notable recent sales include a 10 acre Historic Estate in Montecito that just…
Santa Barbara Luxury Real Estate Activity Update. The Santa Barbara luxury real estate market remains strong. Recent closed sales include an oceanfront cottage on half an acre with about 84 feet of ocean frontage. It was listed at $14.9 million and closed escrow at $13 million. It sold in 34 days! This oceanfront cottage…
Santa Barbara Luxury Real Estate – Sales Activity. The luxury real estate segment in Santa Barbara remains strong! Santa Barbara luxury real estate sales revenue currently surpasses the sales revenue of all of 2014. Santa Barbara luxury real estate revenue currently stands at over $208 million. The Santa Barbara luxury real estate revenue for…
Santa Barbara Luxury Real Estate Market Update. The Santa Barbara luxury real estate market continues to dominate. Year to date, total dollar volume of Santa Barbara luxury homes that sold above $10 million is nearly $156 million. That is quickly approaching the total dollar volume of just under $162 million in all of 2014. There…
Santa Barbara Luxury Real Estate – Analysis on Closed Sales Activity. The Santa Barbara luxury real estate market is having a great year! The Santa Barbara luxury real estate market is defined for this analysis as luxury Estates that sold above $10 million. Half way through 2015, there are 9 closed sales totaling $128,134,566. …
Santa Barbara Real Estate Statistical Update – June 30, 2015. Half way through the year, the Santa Barbara real estate market remains strong. It’s been very low supply and very high demand. Santa Barbara is used to low supply and high demand. The low supply comes from the geographic boundaries of the ocean and the…
Santa Barbara Real Estate Statistical Update – June 15, 2015. The Santa Barbara real estate has been and remains strong. The number of Santa Barbara homes sold is up 18.1% year over year. The number of Santa Barbara homes listed for sale is up 8.1%. The Santa Barbara median sales price currently stands at…
Montecito Luxury Real Estate – New Foreclosure Listing. A 12,000 square foot French Chateau on over 2 acres was just listed at $8,450,000. This Montecito Estate was on and off the market since June 2013 when it was listed at $19,500,000. Opulence exudes throughout this Estate including embellished ceilings and walls you might find in…