Santa Barbara real estate has been the desire and destination for a multi-cultural community for years - and will continue to be so. This section is dedicated to providing you with a current status as to what our market is doing and where I think it's going. Enjoy!
June 2010 Market Update With Home Sales remaining in the mid 80s and condo sales in the mid 30s for the month things look like they’re going to keep going for awhile especially when you consider the over 100 Home Escrows opened in June. For more information click here.
May 2010 Market Update
With the first time buyer credit coming to an end in April the sales below $1 million took a hit but sales above $2 million also fell off. With the rise in the numbers of sales from $1 to $2 million the Price Range Statistic ratios more closely resemble what we’ve been used to seeing in Santa Barbara. For more information click here.
April 2010 Market Update
With the first time buyer tax credit coming to a close at the end of April we'll have to see whether it will affect the condo buyer who would be impacted most significantly. For more information click here.
March 2010 Market Update Sales are up for both Home Estate/PUDs and Condos but the median sales price has declined for both property types. For more information click here.
February 2010 Market Update The trend in both the Home Estate/PUD and Condo markets is that Santa Barbara is lacking inventory in the "hot" sectors of these markets. For more information click here.
January 2010 Market Update The number of sales this January has increased substantially in both the Home Estate/PUD Market and the Condo Market. However, for both Home Estate/PUDs and Condos the median sales price in January 2010 took a beating. For more information click here.
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