The average selling price for a single-family home in Santa Barbara rose to 1.3 million dollars, a 6% increase compared to last year’s second quarter.
In Montecito, the number of single-family homes sold increased by 20% from 55 homes sold in the second quarter last year to 66 homes sold in the second quarter this year.
South Santa Barbara Real Estate Statistics for June 2017 (Carpinteria to Goleta) Single Family Homes Average sales price: $1,705,070 (-4%) * Median Sales Price: $1,287,000 (+7%) Condominiums Average Sales Price: $715,4222 (0%) Median Sales Price: $645,000 (+8%) * June 2017 Sales for single-family homes sold: 158 (+26%) * June 2017 Sales for Condominiums Sold: 51 (+34%) Average Days on the market for single-family homes: 76 days * Average Days on the market for condominiums: 61 days. Total Sales: 209 for June 2017 (Data provided by Fidelity Title Company)
Will Robots Replace Realtors and change the Real Estate Industry?
Vacation Rentals Spark Controversy in Santa Barbara