The Santa Barbara luxury real estate market is setting records again! 2019 was a record setting year, and 2020 is on pace to blow past 2019. The Santa Barbara luxury real estate market is defined as homes priced at $10,000,000. and above. 2019 had a record $364,735,903. in closed sales volume. 2020 currently has $364,686,017…
August 2019 South Coast Snapshot… 130 single family homes sold in August. That is down 1% from last August. 46 condos sold in August. That is down 36%. The median sales price of single family homes was $1,292,500. That is up 7% from last August. The average price of single family homes was $1,750,327. That…
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…