2020 YEAR IN REVIEW - SANTA BARBARA REAL ESTATE

2020 YEAR IN REVIEW - SANTA BARBARA REAL ESTATE

  • 01/5/21

As We Leave Behind a Most Challenging 2020, I Wanted to Thank All My Clients and Give a Quick Recap of Such a Crazy Year!

  • The year started out fairly normal from January until about mid-March. 
  • By mid-March, most real estate in Santa Barbara went into a holding pattern. 
  • Escrows that were pending mainly closed, but several fell out and/or had a tough time closing because of lending.
  • From mid-March until about early May, the market overall was rather stagnant as Covid really hit home and most people simply were on the sidelines.
  • From mid-May until about mid-June, the market really started to gain momentum with buyers coming off the sidelines.
  • By late June the market started to get busy and listings were selling within a few weeks.
  • By July the market had completely changed and buyers were everywhere, inventory was limited and prices started to rise.
  • From July through the end of the year, the market was very robust with limited inventory, low-interest rates, and prices rising.

Thank You for a Very Successful 2020 and I Look Forward to Making New Dreams Come True in 2021!

  • 16 Sales Totalling Over $20 Million in Closed Sales
  • 4 Sales Above $2.5 Million, 6 Sales Between $1 - $2.5 Million, 6 Sales Below $1 Million

Work With Kevin

Many past and current clients express their gratitude in working with a Realtor® who is both a true local and has such a relaxed demeanor in which they feel no pressure.

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