Santa Barbara Real Estate Statistical Update ~ December & Year End 2021 BEST.YEAR.EVER!!! 2021 Far Surpasses the 2020 Record Yearly Revenue +29% $5,353,551,979. in 2021 vs. $4,142,544,870. in 2020 Estates Priced $10 Million and Above +58% $924,382,712. in 2021 vs. $583,444,267. in 2020 Single Family Homes Sold -36% ~…
Santa Barbara Real Estate Statistical Update ~ November 2021 Sales Plummet for 3rd Consecutive Month Amid Low Inventory Single Family Homes Sold -33% ~ 99 in Nov 2021 vs. 148 in Nov 2020 Single Family Median Sales Price +28% ~ $2,100,000. in Nov 2021 vs. $1,644,500. in Nov 2020 Single Family Average Sales Price…
Santa Barbara Real Estate Statistical Update ~ October 2021 Number of Sales Plummet for 2nd Consecutive Month A Full Year of Shockingly Low Inventory Single Family Homes Sold -36% ~ 118 in Oct 2021 vs. 183 in Oct 2020 Single Family Median Sales Price +3% ~ $1,803,750. in Oct 2021 vs. $1,750,000. in Oct…
Santa Barbara Real Estate Statistical Update ~ September 2021 Number of Homes & Condos Sold Plummet! $4 Million & Below and Well Located High End Still See Multiple Offers Amid Low Inventory Single Family Homes Sold -40% ~ 122 in Sept 2021 vs. 201 in Sept 2020 Single Family Median Sales Price +4% ~…
Santa Barbara Real Estate Statistical Update ~ August 2021 Market Remains Strong But Frenzy is Cooling Single Family Homes Sold -2.5% ~ 155 in Aug 2021 vs. 159 in Aug 2020 Single Family Median Sales Price +5% ~ $1,700,000. in Aug 2021 vs. $1,625,000. in Aug 2020 Single Family Average Sales Price +43% ~ $3,156,748.…
Santa Barbara Real Estate Statistical Update ~ July 2021 Data Remains Strong As Bidding Wars Cool Off Single Family Homes Sold +5% ~ 133 in July 2021 vs. 127 in July 2020 Single Family Median Sales Price +13% ~ $1,900,000. in July 2021 vs. $1,675,000. in July 2020 Single Family Average Sales Price +17% ~ $2,940,274.…
Rob Lowe’s 10,000 square foot Oakview Estate on Picacho Lane in Montecito has sold for $44,500,000. Nestled on 3.4 acres, the Estate features a main residence, pool cabana, tennis court and ocean views. Rob Lowe is among many celebrities that call Montecito home. They include Prince Harry and Meghan Markle, Oprah Winfrey, Gwyneth Paltrrow, Jeff…
Press is swirling about Prince Harry and Meghan Markle buying an Estate in Montecito. The multi-acre estate which closed a few weeks ago affords great privacy and the all grandeur and amenities the royal couple need and expect. Meghan and Harry join many celebrities in Montecito, including Oprah Winfrey, Ariana Grande, Kevin Costner, Julia Louis-Dreyfus, …
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 &…