Market Statistics / Updates

Jan 12th

2011 Santa Barbara Real Estate Market Wrap up for The Peabody Elementary School District

2012

Categories: Market Statistics / Updates, San Roque Neighborhood, School News & Information

The main areas for the Peabody Elementary School District encompass the neighborhoods of San Roque, some of the Santa Barbara Foothills and a stretch of Downtown Santa Barbara West of State Street.  For many people here in Santa Barbara, San Roque has become one of the quintessential "family neighborhoods" and has often been voted for as "Best Neighborhood" in a local paper's poll. Much of the housing in The San Roque area consists of older character single family homes.  Many of these homes are smaller in size running in the 900 to 1400 sqft range, although there are plenty of larger homes as well.  One... Read more

Tags: , ,

0 Comments »

Dec 8th

Santa Barbara Real Estate Benefits From Fixed Mortgage Rates Continuing Near Record Lows For 6th Straight Week

2011

Categories: Buyer's Resources & Advice, Market Statistics / Updates, Santa Barbara

This weeks average rate on the 30-year fixed mortgage continued to hover just above its record low.  Freddie Mac reported this week that the rate on the ever popular 30-year home loan sat just below 4% at 3.99%.  The record low for the 30-year mortgage rate was set about 9 weeks ago when it dropped to 3.94%. The average rate of the 15-year fixed mortgage has been sitting around 3.27 %, down from 3.30 % the last few weeks.  The record low for the 15-year mortgage rate was also set about 9 weeks ago at a low of 3.26 %. Here in Santa Barbara, these low rates... Read more

Tags: , , ,

0 Comments »

Dec 5th

2011 Santa Barbara Real Estate Market for The Adams Elementary School District

2011

Categories: Buyer's Resources & Advice, Market Statistics / Updates, Samarkand Neighborhood, School News & Information, Seller's Resources & Advice

The main areas of the Adams Elementary School District encompass the neighborhoods of Samarkand, San Roque Gardens and Hidden Valley.  All 3 of these areas in Santa Barbara would be considered by most "family neighborhoods".  Most of the housing in these 3 areas are single family homes, but there are definitely a few condo and apartment complexes as well as some scattered income properties (duplexes / triplexes). In the Samarkand area of the Adams School District, the average price for a single family home tends to be between $700,000 and 1.1 million.  So far this year (through the end of November) there... Read more

Tags: , , , ,

0 Comments »

Nov 23rd

2011 Santa Barbara Real Estate Sales for Campanil Hill – Braemar – Yankee Farm

2011

Categories: Campanil Hill Neighborhood, Market Statistics / Updates

In the semi secluded private feeling neighborhoods of Yankee Farm / Braemar and Campanil Hill, there has been a normal amount of real estate activity and sales in 2011.  Usually this area only sees on average around 4-6 transactions per year.  So far in 2011, there has been the "usual" with 4 closed sales as well as 1 current pending sale. There are currently 3 active homes for sales on the market: 3359 Braemar Drive is a California Hacienda sitting on just shy of 1.5 acres.  It is a beautiful home and... Read more

Tags: , , ,

0 Comments »

Nov 17th

Santa Barbara Real Estate – Montecito Real Estate Market Update 3rd Quarter 2011

2011

Categories: Buyer's Resources & Advice, Market Statistics / Updates, Montecito

Where is the Montecito real estate market as we approach the last few months of 2011?  A quick glance back throughout the year with regards to real estate in Montecito has shown up and down changes almost monthly.   Some months the market feels very strong, other weeks there seems to be a lull etc.  As I talk and share with many agents currently about their buyers and where they are at, their thoughts seem to also change monthly with some high end clients on hold while others don't know where else they would put their money these days except to buy real estate. With all... Read more

Tags: , , ,

0 Comments »

Nov 11th

Santa Barbara Real Estate – Hope Ranch Real Estate Market Update June – October 2011

2011

Categories: Hope Ranch, Market Statistics / Updates, Seller's Resources & Advice

So where has the market been in Hope Ranch here in Santa Barbara?  Overall, the real estate market in the Hope Ranch area has been a little slower than normal and most sales have been in the lower end price point for this area.  Here is simple to view summary of the real estate market for Hope Ranch for the summer months through until the end of October 2011. Closed Sales in the Hope Ranch Area During these 5 months from June - October, Hope Ranch has had approximately 13 Closed sales of single family homes.  The lowest priced sale  that was... Read more

Tags: , , , , ,

0 Comments »

Nov 10th

Santa Barbara Real Estate – Summerland Real Estate Market Update June – October 2011

2011

Categories: Market Statistics / Updates, Seller's Resources & Advice, Summerland

Here is an quick summary of the real estate market in the Summerland area from the past 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 estate market on average.  Overall, the Summerland market has been a little slower than average with sales.  Most of the sales this summer... Read more

Tags: , , ,

0 Comments »

Nov 9th

Santa Barbara Real Estate – Carpinteria Real Estate Market Update June – October 2011

2011

Categories: Buyer's Resources & Advice, Carpinteria, Luxury Real Estate, Market Statistics / Updates, The Oceanfront Areas

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 estate market on average.  Overall, the Carpinteria market has been very strong in the price range from $200,000 to $750,000... Read more

Tags: , , , , ,

0 Comments »

Nov 3rd

Santa Barbara Real Estate – Goleta Real Estate Market Update June – October 2011

2011

Categories: Buyer's Resources & Advice, Goleta, Market Statistics / Updates

Here is a wrap up of the real estate market in the Goleta area from the summer months through til 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 til about Thanksgiving we have a relatively strong real estate market on average. Closed Sales in the Goleta Area During these 5 months from June - October, Goleta had approximately 158 Closed sales... Read more

Tags: , ,

0 Comments »

Sep 30th

Are Bank Owned Sales Prevalent in Montecito? August 2011 Update

2011

Categories: Foreclosures & Bank Owned, Market Statistics / Updates, Montecito

Here are the latest statistics for real estate sales in Montecito for August 2011.  The shaded area with an ‘X’ states whether the property was a bank owned (REO) sale or not.  Although many people would love to find bank owned foreclosure properties in Montecito, the reality is that almost all of the sales are still traditional sales in Montecito.  Additionally, most of the REO’s tend to be at the lower end of the price scale.   View: Santa Barbara / Montecito Real Estate $1-3 Million View: Santa Barbara / Montecito Real Estate $3-5 Million View: Santa Barbara / Montecito Real Estate $5 million and Above Further Reading: Montecito 2010... Read more

Tags: ,

0 Comments »

Sep 23rd

How Many Santa Barbara Real Estate Closed Sales are Bank Owned? Update August 2011

2011

Categories: Buyer's Resources & Advice, Market Statistics / Updates, Santa Barbara

Here are the latest statistics for real estate sales in Santa Barbara proper 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 seem to get a lot of the news, the vast majority of sales are still traditional sales in the Santa Barbara area.  Additionally, most of the REO’s tend to be at the lower end of the price scale. Further Reading: Cort Report Summerland, Carpinteria, Goleta  Santa Barbara, Hope Ranch, Montecito Cort Reports...Yearly Real Estate Price Changes Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood... Read more

Tags: , ,

0 Comments »

Sep 22nd

Carpinteria CA Real Estate Sales Statistics for August 2011

2011

Categories: Buyer's Resources & Advice, Carpinteria, Market Statistics / Updates

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 througout the Santa Barbara area. Further Reading: Sotheby's Int'l Realty - Santa Barbara and Montecito Good Activity on Ocean Front Homes Carpinteria, Montecito,... Read more

Tags: ,

0 Comments »