June 2019 South Coast Snapshot… 124 single family homes sold in June. That is down 11% from last June. 62 condos sold in June. That is up 24% from last June. The median sales price of single family homes was $1,195,000. That is up 2% from last June. The average sales price of single family…
Year to Date South Coast Snapshot… Total sales along the South Coast are flat year over year at -0.1%. Single family sales are down 7.2%. Condo sales are up 19%. Average price for single family homes is up 3%. Median sales price for single family homes is about flat at -0.6%. Both average and median…
The Santa Barbara estate market and the Montecito real estate market are remarkably different! In the Santa Barbara real estate market, the median sales price is up 6%. It currently stands at $1,002,000. It was $945,000 this time last year. The number of sales in Santa Barbara is off 6.2% and new listings are up…
Montecito Real Estate Update as of May 17, 2018. The number of Montecito homes sold is off 40% year over year. The median sales price is Montecito is off 19.4% and currently stands at $2,700,000 The number of Montecito homes listed for sale is off 26.9% year to date. There is ample supply creating a…
Santa Barbara Real Estate Statistical Update for January 2018. SANTA BARBARA The number of Santa Barbara homes sold is off 31% over this time last year. 78 homes sold in January 2018 compared to 113 homes sold in January 2017. The dollar volume of Santa Barbara homes sold is off 17%. Dollar volume of Santa…
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 – Sales Activity. The luxury segment of the Santa Barbara real estate market has been very strong! Year to date, the Santa Barbara luxury real estate market has tallied $250.9 million in sales. This compares with $161.7 million in sales for all of last year. The Santa Barbara luxury real…
Santa Barbara Real Estate – Quarterly Statistical Update. Santa Barbara real estate sales remain strong. The number of Santa Barbara homes sold is up 17.2% over this time last year. The number of Santa Barbara homes listed for sale is up 7.7% over this time. The median sales price of homes sold in Santa…
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…