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…
Santa Barbara Real Estate Statistical Update ~ November 2022 Number of Sales Continue to Decline 40% of All Sales Are Cash Inventory Remains Very Low Single Family Homes Sold -42% ~ 57 in Nov 2022 vs. 99 in Nov 2021 Single Family Median Sales Price -18% ~ $1,725,000. in Nov 2022 vs. $2,100,000. in…
Ellen DeGeneres just sold another Montecito home. This time for $33,308,250. She purchased the Montecito home for $27,000,000. in January 2019. It is a 4 bedroom, 10,000 square foot home on 9 acres with spectacular ocean views. It was listed for $39,900,000. and sold quickly in 25 days. Ellen DeGeneres purchased an antique barn conversion…
Katy Perry and Orlando Bloom add to a fast growing celebrity list who are calling Montecito home: Most recently Prince Harry & Meghan Markle, Ariana Grande, Maria Sharapova add to the celebrity ranks which include Oprah Winfrey, Kevin Costner, Gwyneth Paltrow, Drew Barrymore, Jeff Bridges, Ellen DeGeneres and many more. Fabulous weather year round, clean…
Maria Sharapova just picked up a nearly 5 acre ranch with coastline views of the Pacific Ocean. Main residence, guest house, barn and private office that closed in October for $8,550,000. Join the ranks & find your piece of Santa Barbara paradise… View My Exclusive Listings Call or text Wendy Gragg 805.453.3371
Santa Barbara Real Estate Statistical Update ~ October 2022 Largest Number of Price Reductions in Over 2 Years Inventory Remains Very Low Single Family Homes Sold -41% ~ 70 in Oct 2022 vs. 118 in Oct 2021 Single Family Median Sales Price +12% ~ $2,024,500. in Oct 2022 vs. $1,803,750. in Oct 2021 Single…
Santa Barbara Real Estate Statistical Update ~ September 2022 There Has Been Less than 2 Months of Supply for Nearly 2 Years Single Family Homes Sold -27% ~ 89 in Sept 2022 vs. 122 in Sept 2021 Single Family Median Sales Price -2% ~ $1,756,000. in Sept 2022 vs. $1,790,000. in Sept 2021 Single…
Santa Barbara Real Estate Statistical Update ~ August 2022 44% of August Sales Were Cash Amid Higher Interest Rates Inventory Remains Very Low Single Family Homes Sold -37% ~ 98 in Aug 2022 vs. 155 in Aug 2021 Single Family Median Sales Price +32% ~ $2,243,500. in Aug 2022 vs. $1,700,000. in Aug 2021…
Santa Barbara Real Estate Statistical Update ~ July 2022 The Market Is Slowing Inventory Remains Very Low Single Family Homes Sold -50% ~ 66 in July 2022 vs. 133 in July 2021 Single Family Median Sales Price -1% ~ $1,879,000. in July 2022 vs. $1,900,000. in July 2021 Single Family Average Sales Price +5%…
Santa Barbara Real Estate Statistical Update ~ June 2022 The Market Is Shifting Single Family Homes Sold -16% ~ 109 in June 2022 vs. 130 in June 2021 Single Family Median Sales Price +22% ~ $2,275,000. in June 2022 vs. $1,868,250. in June 2021 Single Family Average Sales Price +19% ~ $3,177,810. in June…