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Kevin Schmidtchen

Realtor
Sotheby's International Realty

1436 State Street

Santa Barbara, CA 93101

[email protected]

Phone or Text

(805) 689-6877

Market Statistics / Updates

Carpinteria CA Real Estate Market Update Sales Comparison 3rd Quarter 2012

Santa Barbara Real Estate Voice 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 market is a new listing that just came on this... Continue Reading >

Hope Ranch Real Estate Market Statistics Santa Barbara CA – 3rd quarter 2012

Santa Barbara Real Estate Voice Hope Ranch real estate has seen a good amount of activity so far in 2012.  All across the board from the entry level homes (for the area) up to $20 million estates, properties are selling. The highest sale year to date was a magical 14 acre "Trophy Estate" set along the bluff top that closed for just over $18 million.  Outside of this, 25 other properties have closed sale this year with many "fixers" and entry level homes priced in the $1 to $1.5 million range. Overall, the Hope Ranch real estate... Continue Reading >

Goleta CA Real Estate Market Update 3rd Quarter 2012 – Extremely Strong Market

Santa Barbara Real Estate Voice This market update is redundant, but the overall real estate market here in the Santa Barbara area continues to be very strong.  Goleta real estate is no exception and could be as strong as any market we have over the last several months. It seems that every listing in the entry level market (from around $450,000 to $700,000) is seeing multiple offers without exception.  Clients need to be ready day one on simply every listing that comes up. Here below are some recent market stats of comparable prices over the last several years (3rd... Continue Reading >

Yearly Sales Price Comparison for The Montecito CA Real Estate Market

Santa Barbara Real Estate Voice How are overall prices and number of homes sold compared to the last 4-5 years? Here below is a quick look at the overall comparisons in both prices of single family home sold in Montecito CA. from 2008 to the present, as well as the number of homes actually sold.  As you will see, overall sales since the downturn in 2008 have really picked up in the Montecito area, especially over the last 12 months.  In addition, the average price of homes selling has come off the bottom. In hindsight, most people are... Continue Reading >

More Statistics Confirming That The Santa Barbara Real Estate Market is Very Very Strong!

Santa Barbara Real Estate Voice Here are some recent statistics about how strong the real estate market has become here in Southern California and especially in the Santa Barbara area. The number of sales in Southern California is up 9% from July and 14.2% from the same month last year! The median sales price is up 10.8% from last year! This is the 6th consecutive month that the year-over-year median price has risen AND it’s up 27% from the low in 4/09! Foreclosures are now at their lowest percentage of the market since 1/09! Most importantly for us here locally in Santa Barbara...all... Continue Reading >

Lack of Inventory Extremely Tough On Buyers Here in Santa Barbara

Santa Barbara Real Estate Voice When will we see the next good run of new inventory here in the housing market in Santa Barbara? This is a question that everyone across the board is asking each other from buyers, to lenders, to real estate agents. Every statistic we see as well as just the true pulse on the market points out that there are more buyers than real estate to choose from.  Compared to just the last few years, we are roughly down 50% on listings.  It feels tougher than this at times. Lack of Condo Inventory As that... Continue Reading >

Santa Barbara Real Estate Market Report for August 2012

Santa Barbara Real Estate Voice Real estate here in Santa Barbara for the summer of 2012 ended up being a market where a lot of people were looking and ready and most everything that was coming on the market was sold very quickly.  We are continuing to have a definite lack of inventory across all price points, but especially in the $300,000 to $900,000 price point.  Many buyers continue to be frustrated as they are ready and pre-approved (or all cash) and simply not being able to find a home. It seems that many sellers are... Continue Reading >