Price Reductions and Days on Market are Increasing Single Family Homes Sold +10% ~ 80 in Aug 2024 vs. 73 in Aug 2023 Single Family Median Sales Price +10% ~ $2,101,000. in Aug 2024 vs. $1,910,000. in Aug 2023 Single Family Average Sales Price +12% ~ $3,050,316. in Aug 2024 vs. $2,726,486. in Aug 2023…
50% of Sales in April Were Cash Price Reductions Increased Single Family Homes Sold +21% ~ 87 in Apr 2024 vs. 72 in Apr 2023 Single Family Median Sales Price +12% ~ $2,255,000. in Apr 2024 vs. $2,008,396. in Apr 2023 Single Family Average Sales Price +11% ~ $3,673,446. in Apr 2024 vs. $3,307,654.…
Market Activity is Uneven Some Sell Over Asking ~ Others Sell at Big Discounts Single Family Homes Sold +15% ~ 77 in Mar 2024 vs. 67 in Mar 2023 Single Family Median Sales Price -7% ~ $2,100,000. in Mar 2024 vs. $2,255,000. in Mar 2023 Single Family Average Sales Price -12% ~ $2,864,342. in…
46% of All Sales Were Cash Amid High Interest Rates Single Family Homes Sold -7% ~ 53 in Nov 2023 vs. 57 in Nov 2022 Single Family Median Sales Price +10% ~ $1,900,000. in Nov 2023 vs. $1,725,000. in Nov 2022 Single Family Average Sales Price +36% ~ $3,115,957. in Nov 2023 vs. $2,293,720.…
Number of Sales Continue to Decline Mortgage Rates Hit 7% Single Family Homes Sold -44% ~ 49 in Feb 2023 vs. 89 in Feb 2022 Single Family Median Sales Price -16% ~ $2,090,000. in Feb 2023 vs. $2,500,000. in Feb 2022 Single Family Average Sales Price -7% ~ $3,146,770. in Feb 2023 vs. $3,389,153.…
Santa Barbara Real Estate Statistical Update Dec 31, 2014. The Santa Barbara real estate market finishes the year strong! The Santa Barbara median sales price finishes 2014 at $865,000. That is 9.6% higher than last year’s Santa Barbara median sales price of $789,000. The trend in Santa Barbara real estate in 2014 was a lack…
Santa Barbara Real Estate Statistical Update. The Santa Barbara real estate market is off to a strong start in 2013. The number of Santa Barbara homes listed for sale is off -19.4% compared to this same time last year. The general forecast for the Santa Barbara real estate market is that Santa Barbara will see a…