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.…
47% of Sales in September Were Cash Single Family Homes Sold -22% ~ 69 in Sept 2023 vs. 88 in Sept 2022 Single Family Median Sales Price +34% ~ $2,350,000. in Sept 2023 vs. $1,753,000. in Sept 2022 Single Family Average Sales Price +36% ~ $3,880,318. in Sept 2023 vs. $2,856,852. in Sept 2022 …
Interest Rates Hit 7% Range Year to Date, 40% of All Sales Were Cash Single Family Homes Sold -25% ~ 73 in Aug 2023 vs. 97 in Aug 2022 Single Family Median Sales Price -16% ~ $1,910,000. in Aug 2023 vs. $2,272,000. in Aug 2022 Single Family Average Sales Price -19% ~ $2,726,486.…
49% of All Sales in June and July Were Cash Number of Price Reductions Increased Single Family Homes Sold +3% ~ 68 in July 2023 vs. 66 in July 2022 Single Family Median Sales Price +12% ~ $2,100,000. in July 2023 vs. $1,879,500. in July 2022 Single Family Average Sales Price -8% ~…
41% of All Sales in May Were Cash Single Family Homes Sold -27% ~ 67 in May 2023 vs. 92 in May 2022 Single Family Median Sales Price +9% ~ $2,435,050. in May 2023 vs. $2,225,000. in May 2022 Single Family Average Sales Price +3% ~ $3,327,434. in May 2023 vs. $3,228,534. in May…
The Market is Shifting Single Family Homes Sold -27% ~ 72 in April 2023 vs. 98 in April 2022 Single Family Median Sales Price -17% ~ $2,008,396. in April 2023 vs. $2,425,000. in April 2022 Single Family Average Sales Price -11% ~ $3,307,654. in April 2023 vs. $3,700,966. in April 2022 Single Family…
Number of Cash Sales Increase Amid Higher Interest Rates Single Family Homes Sold -40% ~ 67 in March 2023 vs. 112 in March 2022 Single Family Median Sales Price -2% ~ $2,255,000. in March 2023 vs. $2,300,000. in March 2022 Single Family Average Sales Price -18% ~ $3,248,239. in March 2023 vs. $3,954,966. in…
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.…
Big Decline in Sales Pricing is Moderating Single Family Homes Sold -34% ~ 52 in Jan 2023 vs. 79 in Jan 2022 Single Family Median Sales Price -9% ~ $1,781,469. in Jan 2023 vs. $1,950,000. in Jan 2022 Single Family Average Sales Price -6% ~ $3,215,442. in Jan 2023 vs. $3,404,999. in Jan 2022…
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…