It’s important to keep up with real estate trends if you’re looking to buy or sell. January’s housing market is likely to mimic December’s, which is good for sellers but not great for buyers. This post features Santa Barbara’s real estate market trends for December 2022, year-to-date statistics for the year, plus market trends for the last decade.
Recent months have seen the median sale price in Santa Barbara Real Estate dip from a record high this spring. The price paid per square foot is up 9% on the year. Looking ahead to next year, we expect an uptick in inventory and a more balanced Santa Barbara real estate market with more options for buyers and sellers.
To help you better understand today’s real estate markets and property values this post takes a look at the macro...
In 2020 the real estate market here in Santa Barbaras took off in June and so far hasn’t looked back....
How’s the Real Estate Market doing in Santa Barbara for the month of January this year? Here are some of...
In December of 2019 176 homes sold up from 146 in 2018. 21% increase.The highest price sale is 3393 Padaro Lane that sold for $28,000,000 to George Lucas who bought his neighbors home. The median price is $1,274,000 for houses and $755,750 for condominiums. The lowest price sale was 424 Bath Street for $601,000. The average market time was 67 days to accept an offer, and the average continuous market time was 101 days. This data was provided by Fidelity Title Company of southern Santa Barbara.
The average selling price for a single-family home in Santa Barbara rose to 1.3 million dollars, a 6% increase compared...
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