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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

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... 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... 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... 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... Continue Reading >

Benefits of Pocket Listings Here in Santa Barbara and Montecito

Santa Barbara Real Estate Voice What exactly is a Pocket Listing and why are they used? For various reasons, property owners will discuss with their agents the pros and cons of keeping their home for sale as a pocket listing.  Not every pocket listing is treated the same and here in Santa Barbara and Montecito it really depends on the price point and activity of the market. First...what is a pocket listing?  A "pocket listing" is a loose term given to a home that is listed with a broker... Continue Reading >

Santa Barbara Real Estate – February 2013 Sales Inventory and New Listings Report

Santa Barbara Real Estate Voice Here are the latest February 2013 statistics for Inventory, Listings and Sales here in Santa Barbara proper. The number of new listings for February 2013 was 174, down 9.4% from the 192 listed in January, but up a little from the 165 listings in February of last year. Overall, we are still dealing with lack of inventory, although we do seem to have improved here in certain segments of the market over the last several weeks. As you look at the top graph... Continue Reading >

New Listing – Wonderful Downtown Santa Barbara Town Home

Santa Barbara Real Estate Voice Just Listed 527 West Pueblo I am please to offer a wonderful new downtown town home located just 1 block from Cottage Hospital.  This spacious and well cared for Spanish style 3 bed, 3 bath downtown condo has an attached extra large 1 car garage with lots of built in storage, quiet and small association, high ceilings and skylights, 3 patios/decks, open kitchen.  Great location centrally located close to all that Santa Barbara downtown offers.  Easy on and off the freeway.  One bedroom... Continue Reading >