Market Statistics / Updates
Carpinteria Real Estate Sales Update, Santa Barbara CA. — First 6 Months 2009
Categories: Carpinteria, Market Statistics / Updates
For the first 6 months of 2009, there were 43 total closed sales of single family homes and condos in Carpinteria CA. Currently as of July 1st, 2009, there are 35 properties in Carpinteria that are pending sale (under contract).
The lowest sale in Carpinteria was a 2 bed 1 bath condo in need of a good amount of care located at 5936 Birch Street, Carpinteria CA, 93013. The sales price was $210,000.
The highest sale in Carpinteria was a prime oceanfront double lot with an older home located at 3447 / 3445 Padaro Lane, Carpinteria CA, 93013. The sales price was $6,350,000.
Overall, the market in Carpinteria has been pretty strong as far as activity in the first 6 months. The biggest reason for this is simply that parts of Carpinteria (along with Goleta) have a large share of most of the lower end short sales and foreclosures that we are seeing in our area. If you would like a more complete update on the Carpinteria market and/or any other areas within Santa Barbara, Montecito, Carpinteria, Goleta, Hope Ranch, Summerland, and/or The Santa Ynez Valley, please feel free to contact me.
Further Reading:
- Carpinteria - General Description and Information
- Santa Barbara and Carpinteria Market Statistics
- Santa Barbara and Carpinteria Photo Tour
- Buyer’s Resources for the Santa Barbara and Carpinteria area
- Seller’s Resources for the Santa Barbara and Carpinteria area
For information on Real Estate here in Carpinteria, Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Search The Santa Barbara Area MLS
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Summerland Real Estate Sales Update, Santa Barbara CA. — First 6 Months 2009
Categories: Market Statistics / Updates, Summerland
For the first 6 months of 2009, there were 3 closed sales of single family homes and condos in Summerland CA. Currently as of June 30th, 2009, there is 1 property in Summerland that is pending sale (under contract).
The lowest sale in Summerland was a decent lot with a fixer home with ocean views located at 2536 Banner Avenue, Summerland CA, 93067. The sales price was $650,000.
The highest sale in Summerland was an impeccably remodeled home with expansive ocean views located at 2551 Emerson Street, Summerland CA, 93067. The sales price was $2,100,000.
Overall, the market in Summerland has been pretty slow as far as activity in the first 6 months. For no real reason, this area simply has been the slowest in the entire Santa Barbara area. Good inventory to choose from, but not many buyers until the last several weeks. If you would like a more complete update on the Summerland market and/or any other areas within Santa Barbara, Montecito, Carpinteria, Goleta, Hope Ranch, Summerland, and/or The Santa Ynez Valley, please feel free to contact me.
Further Reading:
- Summerland - General Description and Information
- Santa Barbara and Summerland Market Statistics
- Santa Barbara and Summerland Photo Tour
- Buyer’s Resources for the Summerland and Santa Barbara area
- Seller’s Resources for the Summerland and Santa Barbara area
For information on Real Estate here in Summerland, Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Goleta Real Estate Sales Update, Santa Barbara CA. — First 6 Months 2009
Categories: Goleta, Market Statistics / Updates
For the first 6 months of 2009, there were approximately 155 total closed sales of single family homes and condos in Goleta CA. Currently as of June 29th, 2009, there are approximately 72 properties in Goleta that are pending sale (under contract).
The reason that I use the word “Approximately” is the simple fact that there are several homes that are located in “Goleta”, yet have a Santa Barbara address. There is also a substantial area in our town that is referred to “No-leta” which is a grey area between the towns of Santa Barbara and Goleta. So depending on whom you ask and how long you have lived here, certain residences and/or areas are considered to be Goleta even though they have a Santa Barbara address. Feel free to contact me and I will explain any of this in further detail.
The lowest sale in Goleta was a pretty decent studio condo located at 450 Camino del Remedio #E, Goleta CA, 93117. The sales price was $128,000 and reflects the fact that these units are income restricted low-income county housing. The lowest sale in Goleta that was not restricted via the county housing program was 1 bedroom bank-owned condo located at 5512 Armitos Ave, Unit #45, Goleta CA, 93117. The sales price was $190,500.
The highest sale in Goleta was a newly built (2008) gorgeous single level Spanish / Mediterranean style home with ocean views located at 1260 Via Brigitte, Santa Barbara CA, 93111. The sales price was $3,300,000.
Overall, the market in Goleta has been pretty strong as far as activity in the first 6 months. The biggest reason for this is simply that Goleta has a large share of most of the short sales and foreclosures that we are seeing in our area. If you would like a more complete update on the Goleta market and/or any other areas within Santa Barbara, Montecito, Carpinteria, Goleta, Hope Ranch, Summerland, and/or The Santa Ynez Valley, please feel free to contact me.
Further Reading:
- Goleta - General Description and Information
- Santa Barbara and Goleta Market Statistics
- Santa Barbara and Goleta Photo Tour
- Buyer’s Resources for the Goleta and Santa Barbara area
- Seller’s Resources for the Goleta and Santa Barbara area
For information on Real Estate here in Goleta, Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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The Mesa Real Estate Sales Update, Santa Barbara CA. — First 6 Months 2009
Categories: Market Statistics / Updates, The Mesa Neighborhood
For the first 6 months of 2009, there were a total of 23 closed sales of single family homes and condos in The Mesa Neighborhood here in Santa Barbara CA. Currently as of June 27th, 2009, there are 19 properties in The Mesa area that are pending sale (under contract).
The lowest sale on The Mesa was a beat-up, bank-owned condo located at 50 Barranca Avenue #6, Santa Barbara CA, 93109. The sales price was $457,400.
The highest sale on The Mesa was an ocean view home with a pool located at 1538 La Cresta Circle, Santa Barbara CA, 93109. The sales price was $1,852,500.
Overall, the market in The Mesa Neighborhood was pretty normal as far as activity in the first 6 months in which many people tend to buy in this area. If you would like a more complete update on The Mesa market and/or any other areas within Santa Barbara, Montecito, Carpinteria, Goleta, Hope Ranch, Summerland, and/or The Santa Ynez Valley, please feel free to contact me.
Further Reading:
- The Mesa Neighborhood - General Description and Information
- Santa Barbara Market Statistics
- Santa Barbara Photo Tour
- Buyer’s Resources for the Santa Barbara area
- Seller’s Resources for the Santa Barbara area
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Search The Santa Barbara Area MLS
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Mission Canyon Real Estate Sales Update, Santa Barbara CA. — First 6 Months 2009
Categories: Market Statistics / Updates, Mission Canyon Neighborhood
For the first 6 months of 2009, there were a total of 7 closed sales of single family homes and condos in the Mission Canyon Neighborhood here in Santa Barbara CA. Currently as of June 25th, 2009, there is 1 property in the Mission Canyon area that is pending sale (under contract).
The lowest sale in Mission Canyon was a true fixer, bank-owned property located at 2668 Montrose Place, Santa Barbara CA, 93105. The sales price was $515,000.
The highest sale in Mission Canyon was a beautifully remodeled contemporary home with amazing views located at 2931 Holly Road, Santa Barbara CA, 93105. The sales price was $1,960,000.
Overall, the market in the Mission Canyon Neighborhood had been a little slower than normal until the fire in May. With this recent fire, the market here in Mission Canyon is now mixed and time will tell where we will be. If you would like a more complete update on the Mission Canyon market and/or any other areas within Santa Barbara, Montecito, Carpinteria, Goleta, Hope Ranch, Summerland, and/or The Santa Ynez Valley, please feel free to contact me.
Further Reading:
- The Mission Canyon Neighborhood - General Description and Information
- Santa Barbara Market Statistics
- Santa Barbara Photo Tour
- Buyer’s Resources for the Santa Barbara area
- Seller’s Resources for the Santa Barbara area
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Search The Santa Barbara Area MLS
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San Roque Real Estate Sales Update, Santa Barbara CA. — First 6 Months 2009
Categories: Market Statistics / Updates, San Roque Neighborhood
For the first 6 months of 2009, there were a total of 27 closed sales of single family homes and condos in the San Roque Neighborhood here in Santa Barbara CA. Currently as of June 23rd, 2009, there are 12 properties in the San Roque area that are pending sale (under contract).
The lowest sale in San Roque was a 2 bedroom 2 bath, single level bank-owned condo located at 2727 Miradero Drive, #303, Santa Barbara CA, 93105. The sales price was $365,000.
The highest sale in San Roque was an extensively remodeled 3 bedroom 2 bath, single family home located at 3141 Calle Fresno, Santa Barbara CA, 93105. The sales price was $1,400,000.
Overall, the market in the San Roque Neighborhood had been slower than normal until about the last 2 1/2 months. Now the market here in San Roque seems to have stabilized with both prices as well as active buyers. If you would like a more complete update on the San Roque market and/or any other areas within Santa Barbara, Montecito, Carpinteria, Goleta, Hope Ranch, Summerland, and/or The Santa Ynez Valley, please feel free to contact me.
Further Reading:
- The San Roque Neighborhood - General Description and Information
- Santa Barbara Market Statistics
- Santa Barbara Photo Tour
- Buyer’s Resources for the Santa Barbara area
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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How is Santa Barbara’s Real Estate Market Doing Today? May 26th, 2009
Categories: Market Statistics / Updates, Real Estate News
One of the most obvious questions posted to Real Estate Agents here in Santa Barbara these days is some form of the following…How is the overall market doing?
It is difficult to give one definite answer with regards to this question as there are many interpretations to this question. For that reason, I will just try and give an answer based on…
- The most recent statistics
- The current overall energy and pulse of the market
- What buyers and sellers are both saying and doing
Let’s start with…
Statistics
On average here in Santa Barbara CA. in a normal to strong real estate market, we see about 33-38 pending sales per week across the board. This is from the entry level all the way up to the luxury market and includes Goleta to Santa Barbara to Carpinteria.
- For the month of April 2009 we saw 108 closed sales for a rough average of 27 sales per week.
- For the first 3 weeks of May 2009, we have seen 108 pending sales for an average of 36 pending sales per week.
The overall energy and pulse of the Santa Barbara Real Estate market
- If you talk with many of the hard working Realtors, everyone seems to be feeling that the market is picking up a lot or has already picked up here in the last 6-8 weeks. This is based on many things, but the obvious is just overall activity and deals.
- Lenders are also commenting that they are getting a lot more requests and inquiries and most of all applications.
- Properties in escrow are now closing sale as well .
What Buyers and Sellers are saying and doing
- Buyers and sellers that I am talking and working with seem to be comfortable and buying as shown by the pending sales.
- Buyers and sellers that I am talking and working with are thinking and feeling that here in Santa Barbara, most areas have seen price benchmarks reached.
- Buyers and sellers that I am talking and working with feel that we have reached a bottom in prices for most of the market here.
- Buyers and sellers that I am talking and working with think that the housing prices will now stay stable here throughout 2009 with the bigger issue for them being where the mortgage market is and will be.
Further Reading:
- Is My Realtor a Santa Barbara Neighborhood Specialist in My Area?
- Search the Santa Barbara, Montecito and Goleta CA MLS for Free
- My Home has Declined in Value…Can My Property Taxes Be Lowered?
- The 2 Major First Steps in Buying a Home in Santa Barbara CA.
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
Subscribe to Receive Personal Listings of Santa Barbara Real Estate
Search The Santa Barbara Area MLS
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Santa Barbara CA Real Estate - Montecito CA Area Sales Statistics Year End 2008
Categories: Market Statistics / Updates, Montecito
Montecito CA Real Estate - Year End Sales Statistics for 2008
I have summarized below an easy to look at brief outline of the overall Santa Barbara MLS statistics for both single family homes and condos in the Montecito CA. area for the year 2008. The comparisons are drawn against the previous year’s statistics (2007) for Montecito CA Real Estate.
SINGLE FAMILY HOMES:
- Single family home listings were up 21% from 336 listings to 408 listings compared to 2007
- Single family homes sold were down 18% from 191 to 156 single family homes sold
- The average sales price was up 16% from $3,690,095 to $4,316,684
- The median sales price was up 12% from $2,900,000 to $3,275,000
CONDOS:
- Condo listings were down about 17% from 52 listings to 43 listings compared to 2007
- Condos sold were down 37% from 29 condos to 18 condos
- The average sales price was up 3% from $1,658,448 to $1,713,692
- The median sales price was up 13% from $1,300,000 to $1,480,750
The lowest sale in Montecito was a townhome for $735,000 on North Jameson Lane. The highest sale in Montecito was an ocean view estate for $31 Million on East Mountain Drive.
View: Map of Montecito
View: Current Active Listings in Montecito up to $ 3 Million
View: Current Active Listings in Montecito $ 3-7.5 Million
View: Current Active Listings in Montecito $ 7.5 Million and above
For a complete summary of the Santa Barbara Real Estate Market in 2008, information in general on Santa Barbara Real Estate, Montecito Real Estate and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s International Realty.
Further Reading:
- Is My Realtor a Santa Barbara Neighborhood Specialist?
- Santa Barbara Real Estate Market Statistics
- Santa Barbara Real Estate - General News
- Santa Barbara - The Oceanfront Areas
- Santa Barbara - Community Events
- Montecito Luxury Real Estate
- Montecito CA. - General Information
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Search the Santa Barbara Area MLS
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Santa Barbara CA Real Estate - Hope Ranch Area Sales Statistics Year End 2008
Categories: Hope Ranch, Market Statistics / Updates
Hope Ranch CA Real Estate - Year End Sales Statistics for 2008
I have summarized below an easy to look at brief outline of the overall Santa Barbara MLS statistics for both single family homes and condos in the Hope Ranch CA. area for the year 2008. The comparisons are drawn against the previous year’s statistics (2007) for Santa Barbara Real Estate.
SINGLE FAMILY HOMES:
- Single family home listings were up 8% from 46 listings to 50 listings compared to 2007
- Single family homes sold were down 45% from 37 to 20 single family homes sold
- The average sales price was down 28% from $4,569,324 to $3,279,479
- The median sales price was down 11% from $3,200,000 to $2,875,000
The lowest sale in the Hope Ranch area was a single level home for $1.4 Million on Lago Drive. The highest sale in the Hope Ranch area was an ocean view home for $6.195 Million on Marina Drive.
View: Map of Hope Ranch
View: Current Active Listings in Hope Ranch up to $ 5 Million
View: Current Active Listings in Hope Ranch $ 5 Million and above
For a complete summary of the Santa Barbara Real Estate Market in 2008, information in general on Santa Barbara Real Estate, Montecito Real Estate and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s International Realty.
Further Reading:
- Is My Realtor a Santa Barbara Neighborhood Specialist?
- Santa Barbara Real Estate Market Statistics
- Santa Barbara Real Estate - General News
- Santa Barbara - The Oceanfront Areas
- Santa Barbara - Community Events
- Santa Barbara Luxury Real Estate
- The Hope Ranch Neighborhood - Information and Statistics
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Search the Santa Barbara Area MLS Read the rest of this entry »
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Santa Barbara CA Real Estate - East of State Area Sales Statistics Year End 2008
Categories: Market Statistics / Updates, Santa Barbara
Santa Barbara Real Estate for the East of State Area - Year End Sales Statistics for 2008
I have summarized below an easy to look at brief outline of the overall Santa Barbara MLS statistics for both single family homes and condos in the East of State area for the year 2008. The comparisons are drawn against the previous year’s statistics (2007) for Santa Barbara Real Estate.
SINGLE FAMILY HOMES:
- Single family homes listings were down 14% from 507 listings to 436 listings compared to 2007
- Single family homes sold were down 20% from 246 to 196 single family homes sold
- The average sales price was down 4% from $1,405,816 to $1,337,989
- The median sales price was down 11% from $1,235,000 to $1,116,000
CONDOS:
- Condo listings were down about 16% from 161 listings to 134 listings compared to 2007
- Condos sold were down 40% from 92 condos to 55 condos
- The average sales price was down 25% from $955,923 to $711,025
- The median sales price was down 37% from $827,500 to $605,000
The lowest sale in the East of State area was a true fixer/contractor’s special for $375,000 on Carol Ave. The highest sale in the East of State area was an ocean view home for $4.1 Million on San Marcos Road.
View 2008 Sales of Specific Santa Barbara Neighborhoods (East of State):
View: Map of Santa Barbara
For a complete summary of the Santa Barbara Real Estate Market in 2008, information in general on Santa Barbara Real Estate, Montecito Real Estate and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s International Realty.
Further Reading:
- Is My Realtor a Santa Barbara Neighborhood Specialist?
- Santa Barbara Real Estate Market Statistics
- Santa Barbara Real Estate - General News
- Santa Barbara - The Oceanfront Areas
- Santa Barbara - Community Events
- The Mission Canyon Neighborhood - Information and Statistics
- The San Roque Neighborhood - Information and Statistics
- The Upper East Neighborhood - Information and Statistics
- The Riviera Neighborhood - Information and Statistics
- The Downtown Neighborhood - Information and Statistics
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Search the Santa Barbara Area MLS
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