Santa Barbara Real Estate Statistical Update ~ December and Year End 2022 Yearly Revenue Slashed Amid Extremely Low Inventory Real Estate Values Increased Double Digits Again YEARLY REVENUE – 27% $3,933,446,977. in 2022 vs. $5,353,551,979. in 2021 Estates Priced $10 Million and Above Revenue -8/7% $843,590,888. in 2022 vs. $924,382,712. in 2021…
Rob Lowe’s 10,000 square foot Oakview Estate on Picacho Lane in Montecito has sold for $44,500,000. Nestled on 3.4 acres, the Estate features a main residence, pool cabana, tennis court and ocean views. Rob Lowe is among many celebrities that call Montecito home. They include Prince Harry and Meghan Markle, Oprah Winfrey, Gwyneth Paltrrow, Jeff…
South Coast Snapshot… The Santa Barbara Real Estate Market is on Fire! Huge Buyer Demand Very Low Inventory We are in the 10th consecutive month of very low inventory. If you are thinking of selling, lets talk… Single Family Homes Sold +22% ~ 159 in Aug 2020 vs. 130 in Aug 2019 Single Family…
The Santa Barbara luxury real estate market is seeing tremendous demand. Inventory is down, and buyer demand is extremely high with buyers are coming from Los Angeles, San Francisco, New York & other parts of the country. The pandemic and the stay at home order has made a home more important than ever before &…
Santa Barbara Oceanfront Real Estate. There is ample supply in the Santa Barbara oceanfront real estate market. A 4 acre oceanfront Estate in Hope Ranch consisting of over 11,000 square feet with swimming pool and tennis court is listed at $21,500,000. Another oceanfront property in Hope Ranch is on nearly 13 acres. It has…