Montecito Real Estate January 1st through May 31, 2011. The number of Montecito homes sold through the end of May 2011 is up 23.9% versus the same time last year. The number of newly listed Montecito homes for sale is down 0.7% compared with this same time last year. The median sales price of Montecito…
Santa Barbara Luxury Real Estate Sales Activity Sales in the Santa Barbara luxury real estate market in 2011 have certainly favored the buyers. In the Santa Barbara oceanfront real estate market, there have been 3 sales so far. One on Channel Drive was a private sale, outside of the Santa Barbara Multiple Listing Service. The sales…
Year End Pending Surge in Santa Barbara Luxury Real Estate In what would otherwise be a traditional Holiday slow down for Santa Barbara real estate, we are experiencing a surge in the luxury segment. Recently we saw a Hope Ranch home listed for $6.8 million, a Montecito home listed for $3.5 million, another Montecito home…
Santa Barbara Real Estate Pending Sales Surge. Santa Barbara Luxury Real Estate Market Participates The Santa Barbara Luxury Real Estate market has participated in the pending sales surge in a big way in the last several weeks. The notable Santa Barbara luxury real estate sales currently in escrow include a historic Montecito Estate listed at $19.5 million. Another…
Santa Barbara Real Estate versus National Real Estate News. We have all been hearing about the negative real estate news coming from the National Home Builders like Toll Brothers, Pulte Homes and DR Horton explaining that they are canceling options on land, and cutting their supply in the wake of weak housing data. It should…
Half way through 2006, the $10+ million revenue has already exceeded that of the full year 2005. You can also see from the data that 2000 was the first year in the Santa Barbara Multiple Listing Service to see a sale at $16 million, and the revenue for this real estate segment has increased quite impressively every year since.