Santa Barbara CA. Real Estate Home Sales Statistics - Samarkand Area Year End 2009
In 2009, there were a total of 9 closed sales of single family homes and condos in The Samarkand Neighborhood. The lowest sale in The Samarkand Neighborhood was a 2 bed 1 bath cottage located at 2708 Vernon Road, Santa Barbara CA., 93105. The sales price was $570,000. This was probably one of the "better deal" we have seen in the last several months. The highest sale in The Samarkand Neighborhood was a gorgeous estate located at 437 Wyola Road, Santa Barbara CA., 93105. The sales price was $1,100,000.
Overall, the market in Samarkand was a little slower than normal as far as activity the entire year. Prices on average have come down around 25-35% from the peak depending on the individual property. Currently there is a decent amount of demand for good valued homes in this area and not too much inventory. Outside of lower end condos and the luxury market, the overall market has felt pretty stable here with prices and activity in the last 5 months.
If you would like a more complete update on The Samarkand Neighborhood, specific information about the general area or other areas within Santa Barbara, Montecito, Carpinteria, Goleta, Hope Ranch, and/or Summerland, please feel free to contact me.
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 Berkshire Hathaway.
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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