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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

Santa Barbara

Pricing Strategies for Santa Barbara – San Roque Real Estate

Santa Barbara Real Estate Voice Throughout 2013, the real estate market has been incredibly strong with high demand and rising prices.  We have seen this across the board in all areas here in Santa Barbara and Montecito and in pretty much every price point. With the market this hot, what should the pricing strategy be for a seller when it comes time for them to sell their home? Every seller and every seller's situation is different with regards to what they are looking for in the sale of their home.  With this said, the #1 objective for... Continue Reading >

May 2013 Santa Barbara Real Estate Market Snapshot

Santa Barbara Real Estate Voice Here is the May 2013 Santa Barbara Real Estate Market Snapshot for Inventory, Listings and Sales.  Overall the market continues to be tight with limited inventory. This graph below shows the seasonality of the inventory and sales.  As you will see, May 2013 listings were down 9% from last month and down almost 5% from May of 2012. We are now into the middle of June and although inventory is still tight, prices hint at starting to stabilize.  I think it is a common discussion with realtors and their clients and as... Continue Reading >

San Roque Real Estate Update – Peabody School District May 2013

Santa Barbara Real Estate Voice As the overall Santa Barbara real estate market continues to be very strong, San Roque and all homes within the Peabody School District continue to also be in very much high demand.  In our daily routine as Realtors of networking within our companies and reading emails about buyer needs, it is easy to see that any upcoming good listing within this area is most likely going to see a strong demand from buyers within only a few days of being on the market. So far since the beginning of the year we have... Continue Reading >

Hope Ranch – Santa Barbara Real Estate Market Update 1st Quarter 2013

Santa Barbara Real Estate Voice Our 2013 Santa Barbara real estate market has started off exactly where 2012 ended...strong in pretty much every area and in most every price point.  One of our stronger areas is the Hope Ranch area, especially in the entry / lower level price point of around $1.3 to $2.75 million.  Most everything is selling right away in this price point and the reality is that most any listing that is staying on the market in this price point is simply believed to be too high priced. "Everything" priced at market is seeing... Continue Reading >

Montecito Real Estate – 93108 Zip Code Once Again Among The Richest in America at #3

Santa Barbara Real Estate Voice High end sales are nothing new for Santa Barbara and our surrounding communities.  Within Hope Ranch, Montecito and along the coastline, we see some very exclusive high end real estate sales each and every year.  Many of these sales are topping out above the $10 million mark.  I just read a recent article by CNBC, that once again ranks Montecito and 93108 as the 3rd rated zip code in America when it comes to the number of homes that are selling at $10 million or more.  Over the last year,... Continue Reading >

What Kind of Real Estate Does $1 Million and $2 Million Buy You In Santa Barbara and Montecito?

Santa Barbara Real Estate Voice A few times a year I like to give updates on what you can expect for various price points in Santa Barbara and Montecito.  Over the last few years this has changed quite drastically as the market first went down and now has come back up at such a strong pace. Most homes today for example are worth on average about 20% more than they were just a year ago and so this leads to generally a decently different home.  In Santa Barbara, if you are at the $1 Million price point and you... Continue Reading >

March 2013 – Santa Barbara Real Estate Market Statistics

Santa Barbara Real Estate Voice 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 >