South Coast Snapshot… There were 222 pending sales in June. This is the highest number of pending sales in 18 months. Buyer demand remains very strong, especially from Los Angeles and San Francisco. Well priced properties are selling immediately, some with multiple offers. Single Family Homes Sold -5% :: 118 in June 2020 vs.…
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 &…
Wendy Gragg is honored to be invited to join Haute Residence, a select group of top real estate agents from all over the world who collaborate to get their luxury listings exposed to high end buyers from all across the globe. Wendy Gragg has been a luxury real estate specialist in Montecito, Santa Barbara and…
South Coast Snapshot… May sales data is directly attributable to the pandemic which shut down the market in mid March. Pending sales began stabilizing in May and June has 54 escrows in the first 11 days. There is strong buyer demand from Los Angeles and San Francisco. Single Family Homes Sold -52% :: 65…
Santa Barbara South Coast Snapshot… Data is reflective of the first full month of COVID 19 Impact Single Family Homes Sold -35% ~ 69 in April 2020 vs. 106 in April 2019 Single Family Median Sales Price -10% ~ $1,200,000. in April 2020 vs. $1,336,250. in April 2019 Single Family Average Sales Price -14%…
Santa Barbara Real Estate Statistical Update :: January 2020 Single Family Homes Sold +14% 96 in Jan 2020 vs. 84 in Jan 2019 Single Family Median Sales Price -0.3% $1,302,500. in Jan 2020 vs. $1,307,000. in Jan 2019 Single Family Average Sales Price -26% $1,687,451. in Jan 2020 vs. $2,265,486. in Jan 2019 Condos Sold…
In the last half of 2019, there have been many incredible deals struck. Here are 10 sales that sold for under $1,000. per square foot ~ including the land! It is important to note that it is not possible to buy a lot and build a home in Santa Barbara for less than $1,000 per…
Year in Review South Coast Snapshot… Single Family Homes Sold +6% 1,305 in 2019 vs. 1,230 in 2018 Single Family Median Sales Price +5% $1,258,000. in 2019 vs. $1,200,000. in 2018 Single Family Average Sales Price +12% $1,949,237. in 2019 vs. $1,742,749. in 2018 Condos Sold +11% 634 in 2019 vs. 570 in…
November 2019 South Coast Snapshot… 83 single family homes sold in November. This is down 9% from last November. 40 condos sold in November. That is up 21%. The median sales price of single family homes was $1,275,000. That is up 19% from last November. The average sales price of single family homes was $1,710,735. …
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…