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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

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 >

2 New Downtown Pocket Listings Available Now

Santa Barbara Real Estate Voice I have 2 new pocket listings just signed.  Both will be going in the MLS in a few weeks (mid March), but can be shown already. The first is located at 2110 De La Vina and is a 2 bed 2.5 bath town home with an attached garage.  Smaller complex, close to downtown, good condition.  Price will be right around $575,000. The second is located 1 block from Cottage Hospital.  Very clean condition, 3 bed 3 bath, high ceilings, attached garage, laundry, nice... Continue Reading >

2012 Santa Barbara Real Estate Year in Review

Santa Barbara Real Estate Voice A little late to be doing a recap of the 2012 real estate market here in the Santa Barbara area, but with the last 5 weeks filled with a combination of my family getting sick, being extremely busy with work and the lack of sleep because of our new little baby...that is what unfortunately happens. So what happened in 2012? In hindsight it is now very clear to see that anyone who had the foresight to buy property from around October 2011 - April 2012... Continue Reading >

Santa Barbara Real Estate Market Update January 2013

Santa Barbara Real Estate Voice No real change from the end of last year.  As we "seemingly roll" here into 2013, the Santa Barbara real estate market continues to be very very strong with the overriding theme being the lack of inventory.  Across the bulk (heart) of our market from $300,000 to $2,000,000, the lack of inventory is keeping prices strong and rising and buyers very ready as they know they have to sometimes write offers in as little as 1-3 days of a new listing coming... Continue Reading >