santa barbara homes for sale
The Santa Barbara real estate market trends for 2024 have been admirable. In the first half of the year, there were 625 sales, a 12% increase compared to last year. While single-family detached homes accounted for 446 homes sold, reflecting a 15% increase over the same period as last year, condominiums and townhomes accounted for 179 homes sold, a 7% increase.
The average sales price for single-family detached homes rose by 14% to $3,714,928 while the median price rose by 7% to $2,250,000.
The average sales price for condominiums decreased by 3% to $1,135,143 and the median price rose 5% to $975,000.
In the second quarter of this year, all cash sales made up 42% of all sales, a 2% increase from the same period last year.
Inventory supply has picked up. The inventory supply has climbed to its highest level since 2020. Sitting at just over 3 months. Source: Fidelity National Title Company.
The 40th Annual Santa Barbara International Film Festival is rolling out the red carpet Tuesday,…
The Santa Barbara real estate market in 2025 is quite dynamic and continues to attract…
You may be wondering why a real estate blog would post something about Martin Luther King.…
Nearly a hundred thousand Los Angeles County residents are still under evacuation orders as of…
To our friends and neighbors affected by the recent devastating fires in Los Angeles, Santa Barbara extends…
In this post we will address some of the pros and cons of Rent Control…