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 – 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…
Santa Barbara Real Estate Statistical Update – May 15, 2015. The Santa Barbara real estate market remains strong. High demand and short supply continues. The number of Santa Barbara homes sold is up 22.2% over last year. The number of Santa Barbara homes listed for sale is up 8.9%. The Santa Barbara median sales price…
Santa Barbara Real Estate – Multiple Offers Nets Sales Over Asking! Several recent sales have resulted in multiple offers and sales over asking price. The largest so far is a 2,300 square foot beach house on Sand Point in Carpinteria. It was listed for $9 million. It sold at $9.1 million. Others include a recently…
Santa Barbara Luxury Real Estate – Price Reduction Update Mar 6, 2015. Opportunity Knocks! Recent price reductions in the Santa Barbara luxury real estate market include: A Padaro Lane beach house in Carpinteria. Originally listed at $22,000,000. Price is now $14,250,000. A Park Lane Estate in Montecito. Originally listed at $8,848,000. Price is now to…
Santa Barbara Luxury Real Estate Market on a Hot Streak – Over $163 million in Santa Barbara luxury real estate sales since January 1st! A celebrity owned beach house on Padaro Lane just closed at $19 million. A Montecito Estate on over 3 acres just closed at $15 million. A historic Hope Ranch Estate on 9…
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…
Montecito Real Estate Statistical Update – Sept 15, 2014. The Montecito real estate market continues its impressive median home selling price appreciation. The Montecito median home selling price stands at $2,750,000. The Montecito median home selling price is up 15.8% over this time last year when the Montecito median home selling price was $2,375,000. The…