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