Press is swirling about Prince Harry and Meghan Markle buying an Estate in Montecito. The multi-acre estate which closed a few weeks ago affords great privacy and the all grandeur and amenities the royal couple need and expect. Meghan and Harry join many celebrities in Montecito, including Oprah Winfrey, Ariana Grande, Kevin Costner, Julia Louis-Dreyfus, …
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 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 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 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 Market Off to a Strong Start to the New Year! 7 luxury homes sold and 3 luxury homes pending in the first 23 days of the year. The 7 Santa Barbara luxury homes include a celebrity owned Estate that just closed escrow at $11,500,000., a beautiful historic home in Montecito…
Santa Barbara Real Estate – Sales By Price Range in 2014. There were 42 Santa Barbara homes sold above $5 million There were 16 Santa Barbara homes sold between $4-$5 million There were 36 Santa Barbara homes sold between $3-$4 million There were 127 Santa Barbara homes sold between $2-$3 million There were 389 Santa…
Santa Barbara Real Estate Statistical Update – Dec 2, 2014. The Santa Barbara real estate market continues its double digit gains. The Santa Barbara median sales price is up 11.5% year over year. The Santa Barbara median sales price currently stands at $875,000. Last year at this time, the Santa Barbara median sales price was…
Santa Barbara Real Estate Statistical Update – Nov 4, 2014. The Santa Barbara real estate market continues its double digit median price gains. The Santa Barbara real estate median sales price stands at $880,000. That is up 12.1% over this time last year when the Santa Barbara real estate median sales price was $785,000. The…
Santa Barbara Real Estate Statistical Update – Oct 15, 2014. The median sales price of homes sold in Santa Barbara continues its double digit increase but a good opportunity exists. The Santa Barbara median home selling price currently stands at $876,624. The Santa Barbara median home selling price is up 11.7% over this time…