The Top 10 Most Expensive Beachfront Real Estate Sales in Santa Barbara, Montecito and Carpinteria CA.
Year to date, here is a list of the top 5 most expensive beachfront real estate sales for 2009 here in the Santa Barbara, Montecito, Summerland and Carpinteria CA areas. Most of the beachfront sales in the last 15 months have been at prices about 30-40% from the peaks in early 2008. Of all the markets here in the Santa Barbara area, our luxury beach front real estate has most likely taken the hardest hit in values. 4385 Marina Drive, Santa... Continue Reading >
With the reality of the overall real estate market in the U.S. here in the last 2 years, it is inevitable that I am asked about short sales and foreclosures. Most of this though is generated from people interested in the entry level price points up to about $2 million. Here and there though I am asked by someone about the state of foreclosures and short sales in Hope Ranch and our other luxury areas here in Santa Barbara CA.... Continue Reading >
Here and there I am asked from clients and non clients various questions about the luxury market here in Hope Ranch CA., such as do you know where famous homes are located at and who lives there and/or what is the most expensive home to sell this year or any year for that matter. Most of the time though it is as "simple" as what is the true definition of luxury real estate here in the Hope Ranch area of... Continue Reading >
For the first 6 months of 2009, there were 7 closed sales of single family homes in Hope Ranch CA. As of July 1st, 2009, there were 2 properties in Hope Ranch that were pending sale (under contract). The lowest sale in Hope Ranch was a very dated single level Ranch style home in need of repairs and a major make-over located at 4375 Via Glorieta, Santa Barbara CA, 93110. The sales price was $1,584,000. The highest sale in Hope Ranch was... Continue Reading >
Yes...to anyone who is paying attention and knows this luxury market here in Santa Barbara. For our purposes, I will refer to the the high end luxury real estate market here in the Santa Barbara CA. area as any property over the $5 million price point. Most of our high end luxury market here in Santa Barbara CA. is found in Montecito CA, Hope Ranch CA, the foothills of Santa Barbara, anywhere directly on the water from Goleta to Carpinteria, or any... Continue Reading >
Hope Ranch CA Real Estate - Year End Sales Statistics for 2008 I have summarized below an easy to look at brief outline of the overall Santa Barbara MLS statistics for both single family homes and condos in the Hope Ranch CA. area for the year 2008. The comparisons are drawn against the previous year's statistics (2007) for Santa Barbara Real Estate. SINGLE FAMILY HOMES: Single family home listings were up 8% from 46 listings to 50 listings compared to 2007 Single family homes... Continue Reading >
I have summarized below an easy to look at brief outline of the overall MLS statistics for the Hope Ranch CA area through the first 6 months of 2008. The total number of single family homes sold in Hope Ranch was 9. The number of current pending sales for single family homes is 5. The number of current active listings for single family homes is 20. There are no condos, townhomes and PUD's in the Hope Ranch area. The lowest sale in Hope Ranch was a single... Continue Reading >