As with all areas in and around Santa Barbara, Goleta saw a very solid year with regards to real estate sales in 2014. As far as prices go in general, Goleta is a decent amount "more affordable" than the Santa Barbara area. Homes on average tend to be around 10-20% less for the same size home than what you get in Santa Barbara proper. For the 2014 year, on average prices rose around 12-18%. The bulk of the single family real estate sales in the Goleta area tend to fall into... Continue Reading >
Where Do I Find Inexpensive / Cheap Condo and Housing Options in Santa Barbara, Goleta, Carpinteria Etc.?
Most visitors come to Santa Barbara and pretty quickly fall in love. Within a few visits and sometimes even a few days, visitors to our town start to envision the possibility of themselves owning real estate in Santa Barbara. Sometimes this leads to full time residency, while other times it evolves into a second home. Why this happens is very easy to see. I could go on an on with the positives of life in Santa Barbara....weather, beach, outdoor life, cultural, restaurants, educated and well traveled people etc. Why this does not happen for... Continue Reading >
Goleta CA Real Estate Market Update Here are the latest Goleta real estate market statistics for the 3rd quarter 2014. As seen below, the average sales price has been pretty stable over the last year when comparing 3rd quarter to 3rd quarter respectively. In addition to this, the average number of homes sold has also stayed level. After a very strong run up in the last 2 years starting in May 2012, our real estate market has definitely stabilized here in the last several months. You are no longer guaranteed to sell... Continue Reading >
As the overall real estate market here in the Santa Barbara area continues to be very strong and a true seller's market, Goleta has stood out in the last many months as an area as strong as any. Right now the real estate market in Goleta is so strong that Realtors constantly make comments on a new listing of how many offers it will get. It is not a question of if a home will sell, or how long (generally less than 14 days), but how much competition there will be... Continue Reading >
Here are the latest 2013, 3rd quarter real estate sales statistics for both the Goleta and Carpinteria / Summerland areas of Santa Barbara. For the Goleta area, the overall bulk of our real estate market here falls into the following segments: Entry level condos from around $300,000 to $500,000 Single family homes from around $550,000 to $1,000,000 Both of these markets in Goleta have been extremely strong over the last 18 months, with prices continually rising from June 2012 til around August 2013. In the last few months, we have finally seen a leveling... Continue Reading >
Below is a detailed market comparison of Santa Barbara real estate that lays out the yearly market comparison of Sold Listings as well as New Listings. This comparison takes in all the areas from Goleta, to Santa Barbara, to Hope Ranch, to Montecito, to Summerland and Carpinteria. These numbers are then broken down further to include: Dollar volume of New and Sold Listings Median sales price of New and Sold Listings If you have any further questions about these statistics, please let me know if I can be of help. I can also... Continue Reading >
Here is a summary of the latest statistics for the Santa Barbara real estate market for March 2013. Over the last several weeks we have seen a definite increase in inventory, especially in the Goleta area. Much of the new inventory has been in the $600,000 to $900,000 range. Buyers are still very active and almost all the inventory is selling off within days to only a few weeks. Prices in general still are on the climb, although it feels a little more stable just in the last few weeks. Some... Continue Reading >