About 7-10 minutes to the east (The 101 Freeway south) of downtown Santa Barbara lies the Carpinteria Valley, located in the southeast corner of Santa Barbara County. Carpinteria is a little piece of coastal paradise with a splendid natural setting that still possesses a very desirable small town charm. Dozens of antique stores, small shops and cafes are clustered along the main street of Carpinteria, which ends directly on to one of the safest beaches in all of California.
Carpinteria is home to a world destination surfing area off Rincon Point and has more than its share of beautiful beaches such as Carpinteria State Beach, Sandyland Cove, Sand Point Road, Santa Claus Beach and Padaro Lane. It also boasts wonderful parks, popular schools and many year round recreational activities. Carpinteria is also home to many nurseries, some of which are open to the public and offer a tremendous variety of lovely fresh flowers and plants to discriminating buyers. Most of Carpinteria is relatively flat until it reaches the Foothills making the area a pleasurable place to walk and ride bikes.
Santa Barbara and its world-class shopping, dining, cultural and recreational amenities are all within a 7-10 minute drive.
Carpinteria Real Estate values average around $400,000 to $1.3 million. Lower end condos start at around $150,000. Spectacular view homes, estates and ocean front property start at around $1.1 million and can exceed this amount threefold, fivefold or more…
If you are interested in real estate here in Carpinteria, Santa Barbara, Montecito and our surrounding areas, as well as any other aspects of life here, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
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A little late to be doing a recap of the 2012 real estate market here in the Santa Barbara area, but with the last 5 weeks filled with a combination of my family getting sick, being extremely busy with work and the lack of sleep because of our new little baby...that is what unfortunately happens. So what happened in 2012? In hindsight it is now very clear to see that anyone who had the foresight to buy property from around October 2011 - April 2012... Continue Reading >
Here is a great simple graph that looks at the overall average selling prices for homes here in the Santa Barbara area. The graph breaks down the prices into the main neighborhoods of Santa Barbara...Montecito, Santa Barbara proper, Carpinteria / Summerland, Hope Ranch and Goleta. One of the first obvious looks shows that our high end properties are really starting to see a big increase in demand. Both Hope Ranch and Montecito have seen prices increase a good amount in the last... Continue Reading >
After looking at all the MLS listings that are currently Active here in Carpinteria, the same story is being told as our overall Santa Barbara real estate market. There is simply not that much available inventory and the homes / condos that are on the market tend to be either too high priced or are just in the higher end market ($1.5 million or above) where there are simply a few less buyers. The least expensive single family home on the... Continue Reading >
In our overall extremely tight real estate market here in Santa Barbara, here is some needed and encouraging news for all of the condominium buyers out there. The biggest source of funding for buyers with 5-20% down payments, the Federal Housing Administration, has revamped controversial rules that caused thousands of condo complexes across the country to lose their eligibility for FHA financing....and a few here in the Santa Barbara area. The new and revised guidelines issued last week take effect immediately. This will for... Continue Reading >
Here are the latest CORT report statistics for real estate here in Carpinteria and Summerland. The overall market also continues to be very strong with most well priced homes selling within a few days to a few weeks. Buyers continue to be very comfortable with prices and are taking advantage of incredibly low interest rates. Other strong signs for the market is that many investors are now buying again as well as cash investors. We are also experiencing a lack of... Continue Reading >
Where is our real estate market today? We continue to see buyers very very comfortable with where the Santa Barbara real estate market is today. Most reports and statistics are also showing that this very strong market is not just a tick here and there, but a market with "very strong legs". We have now seen about 6-8 straight months of solid activity with homes selling quickly and prices very stable. Here in Santa Barbara, we are now once again confronted with... Continue Reading >
Here are the latest CORT report statistics for real estate here in Carpinteria, Goleta, Santa Barbara, Montecito and Summerland. All of the red "x" delineate REO or distressed sales. As you will notice, the vast majority of our foreclosures and short sales continue to be in the lower end price points. The overall market also continues to be very strong with most well priced homes selling within a few days to a few weeks. Buyers continue to be very comfortable with... Continue Reading >
Here is an easy to view summary of the real estate market in the Carpinteria area from the summer months through until the end of October 2011. Normally this time of year sees a lot of activity in June and July, then slowing a little in August as many people are on vacation, sending kids off to school, paying bills from all the summer activities etc. Then in mid September through until about Thanksgiving we have a relatively strong real... Continue Reading >
Over the last 2 years in the Goleta and Carpinteria areas, a good amount of the real estate listings on the market have been either short sale or bank owned properties. Because of this, prices have continued to slowly drop since the peak in early 2007. These days you can get a "good" family home in both areas for somewhere around the $500,000 to $700,000 price point. This is in stark comparison to 2006 when most of these homes were selling... Continue Reading >
Here are the latest statistics for real estate sales in the Carpinteria area for August 2011. The shaded area with an ‘X’ states whether the property was a bank owned (REO) sale or not. Although bank owned foreclosures within the Carpinteria and Goleta areas get a lot of the news, the majority of sales are still traditional sales in the Carpinteria area. Additionally, most of the REO’s tend to be at the lower end of the price scale both within Carpinteria as well as... Continue Reading >
Here are some of the latest statistics for the CORT reports for real estate here in Goleta, Carpinteria and Summerland CA. These statistics give a quick overview of comparative price changes in the real estate market in the month of July for the last 8 years. Further Reading: Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Santa Barbara Real Estate Market Statistics How Difficult is it to Get a Loan These Days? What Does $1 Million Buy you... Continue Reading >
During the last 60 days, beachfront real estate here in and around Santa Barbara has picked up quite a bit with a lot of activity. Just in the last 2 months we have seen 9 new Active ocean front listings, 4 closed sales and 1 pending (in escrow). Of these listings, 7 have been in Carpinteria mainly along Padaro Lane and Sand Point Road. Of these listings, 7 have been in the Santa Barbara or Montecito areas. Here is a list below of... Continue Reading >