Kevin Schmidtchen

Village Properties

1250 Coast Village
Montecito, CA 93108
Phone or Text

(805) 689-6877

Montecito & Santa Barbara 3rd Quarter 2015 Real Estate Market Statistics Update

Santa Barbara Real Estate Voice Here are some informative real estate market statistics here for 3rd quarter 2015 Montecito and Santa Barbara CA.  The images below compares the average sales price for single family homes in both areas over the last 5 years. As you can see, the amount of sales in Montecito has dropped a large amount this last quarter compared to 2014.  This has really been the feel for most of the last month.  Many agents are commenting on how slow everything has gotten recently in Montecito and the upper end market. For Santa Barbara proper the... Continue Reading >

Santa Barbara Real Estate Market Update for November 2012

Santa Barbara Real Estate Voice Here are the latest statistical numbers for monthly inventory of Santa Barbara properties for sale, combined with new listings and closed sales.  The constant is simply that new listings are down and our inventory continues to lag behind the demand of buyers.  Even as we now approach the X-mas holidays, there are numerous buyers out there looking and waiting.  After roughly 5 years of the Santa Barbara real estate market being a predominantly buyers market, we have completely switched here in the last few months. Sellers are now able to sell their... Continue Reading >