The Santa Barbara real estate market continues on at a fevered pace. Local online news source Noozhawk recently report that: “South Coast Homes, condos selling quickly above asking prices with low residential inventory! The article goes on to say that, “industry officials attribute the market to the pandemic and more people working remotely as well as to out of town buyers making all-cash offers.”

The following Charts/Data are provided by Fidelity Title Company of southern Santa Barbara:

Mortgage Interest Rates as of March 30, 2022