The Riviera Real Estate Sales Update, Santa Barbara CA. - First 6 Months 2009

The Riviera Santa Barbara Real Estate Sales

For the first 6 months of 2009, there were a total of 13 closed sales of single family homes and condos on The Riviera here in Santa Barbara CA.  As of July 1st, 2009, there were 8 properties on The Riviera that were pending sale (under contract). The lowest sale on The Riviera was a lot and a foundation with good ocean views in which a buyer got one of the best deals we have seen here in Santa Barbara located at 581 Las Alturas Road, Santa Barbara CA., 93103. The sales price was $415,000. The highest sale on The Riviera was an exquisite Spanish Style ocean view home with a pool located at 939 Arbolado Road, Santa Barbara CA., 93103.  The sales price was $3,225,000. Overall, the market on The Riviera was a little slower than normal as far as activity in the first 6 months.  Part of this is due to the fires both in late 2008 as well as May 2009.  If you would like a more complete update on The Riviera 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:

  1. The Riviera Neighborhood - General Description and Information
  2. Santa Barbara Market Statistics

    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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