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

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,... Continue Reading >

Santa Barbara, Montecito and Hope Ranch CORT Report on Yearly Real Estate Market Price Changes

Here are some of the latest statistics for the CORT reports for real estate here in Santa Barbara, Montecito and Hope Ranch CA.  These statistics give a quick overview of comparative price changes in the real estate market in the month of July for the last 8 years. Further Reading: Cort Report Summerland, Carpinteria, Goleta Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Santa Barbara Real Estate Market Statistics How Difficult is it to Get a Loan These... Continue Reading >

Santa Barbara Real Estate Median Price Trends Year over Year 2004 Through 2011

Here is a very informative graph that lays out the monthly price trends since 2004 up through July 2011.  These statistics are for Santa Barbara proper and do not include other areas such as Goleta, Carpinteria, Montecito etc. Further Reading: Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Santa Barbara Real Estate Market Statistics How Difficult is it to Get a Loan These Days? What Does $1 Million Buy you in Today's Market? Subscribe: Receive Personal Listings of Santa... Continue Reading >

Great Opportunity for New Condo Development in Downtown Santa Barbara

If you are looking for a new condo / townhome to purchase in the downtown area of Santa Barbara, most of the time the options start at around the $700,000 price point with many of the units around the $900,000 to $1.3 million price range.  For the first time in many years, there is a great new complex in the downtown area (The East Beach Collection) being developed right now with units selling from $380,000 to $450,000.  In total there are 48... Continue Reading >

Good Activity on Beach Front and Ocean Front Homes from Carpinteria to Santa Barbara

During the last 60 days, beachfront real estate here in and around Santa Barbara has picked up quite a bit with a lot of activity.  Just in the last 2 months we have seen 9 new Active ocean front listings, 4 closed sales and 1 pending (in escrow). Of these listings, 7 have been in Carpinteria mainly along Padaro Lane and Sand Point Road. Of these listings, 7 have been in the Santa Barbara or Montecito areas. Here is a list below of... Continue Reading >

New Listing!!! Fantastic New Opportunity Single Family Home Near Hendry’s Beach in Santa Barbara – Priced at $735,000

Here is a fantastic opportunity to own a great home, priced very well on a quiet street just above Hendry's Beach.  Located close to all that The Mesa area offers including beaches, hiking trails and just a few minutes drive from downtown Santa Barbara. This home has been well maintained by the owner and is a clean 3 bed 2 bath home with a den/4th bedroom located at 104 Vista del Mar, SB CA 93109.  Peaceful setting with both large back and... Continue Reading >

No More Zoning Report Needed for Condos / Townhomes in the City of Santa Barbara

As of January 1st, 2011, the City of Santa Barbara no longer requires a zoning report for condos and/or townhomes located within the city limits.  This is a big change with regards to real estate transactions. What is a Zoning Report? For each real estate transaction within the city of Santa Barbara, the seller is required to get a zoning report to give to the prospective buyer.  The goal of the zoning report is to see if there have been any illegal additions and/or... Continue Reading >

February 2011 CORT Reports for Santa Barbara and Montecito Real Estate CA.

Here are the latest CORT reports for the Santa Barbara and Montecito area for the month of February 2011. Further Reading: Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Articles on Luxury Real Estate Articles on The Oceanfront Areas Articles for Foreign Buyers/Sellers Sotheby's Int'l Realty Tops in Sales 2010 Thank you for reading.  I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts. For more information on... Continue Reading >

Santa Barbara Real Estate Cort Reports January 2011 – Santa Barbara and Montecito

Here are the latest CORT reports for the Santa Barbara real estate market for the areas of Santa Barbara proper and Montecito CA.  Further Reading: Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Articles on Luxury Real Estate Articles on The Oceanfront Areas Articles for Foreign Buyers/Sellers Sotheby's Int'l Realty Tops in Sales 2010 Thank you for reading.  I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any... Continue Reading >

Santa Barbara Real Estate 2010 Year End Sales – Single Family Homes Year End Stats

Another year gone and all of us another year older.  Good and bad I guess.  Here are the final year end statistics for single family homes sales in Santa Barbara proper for 2010. 1) Overall there were a total of 440 Closed Sales (reported by the Santa Barbara MLS) of single family homes. 2) These 440 sales are a little more than in 2009 where we had a total of 388 Closed Sales of single family homes. 3) The lowest sale was a... Continue Reading >

November 2010 Cort Reports Santa Barbara, Montecito and Hope Ranch

Here are the latest Cort reports for sales here in the Santa Barbara area for the month of November 2010 for Santa Barbara proper, Montecito and Hope Ranch. Further Reading: Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Articles on Luxury Real Estate Articles on The Oceanfront Areas Articles for Foreign Buyers/Sellers Sotheby's Int'l Realty Tops in Sales 2010 For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of... Continue Reading >

2010 Top 10 Oceanfront Real Estate Sales For Montecito, Santa Barbara, Hope Ranch and Carpinteria

The dream of living on the ocean. For most, this is the ultimate...especially if it is here in our wonderful home of Santa Barbara.  Fresh air, pounding waves, sand at your toes... With 2009 being a pretty tough year for oceanfront real estate sales in the Santa Barbara, Carpinteria and Montecito areas, 2010 has seen solid sales for most of the year.  Prices on average have come down anywhere from 35-40% from their peak in 2007, but now seem to hit... Continue Reading >