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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

Santa Barbara Real Estate Market Update 2nd Quarter 2014

Santa Barbara Real Estate Voice Here are some of the latest statistics for the real estate market here in Santa Barbara proper. The below graph compares the 2nd quarter results on a year over year basis for the last few years.  The main comparisons are made for the: Average list price Average sold price Total amount of single family homes sold Here below are the same style of graphs but for the Goleta area and the Carpinteria / Summerland area. Further Reading: Santa Barbara Market Statistics Buyer's Resources and Advice Santa Barbara Luxury Real Estate Market Subscribe: Receive Personal Listings of Santa Barbara Real Estate Search: The Santa... Continue Reading >

Santa Barbara Real Estate Market Update – Statistics 3rd Quarter 2013

Santa Barbara Real Estate Voice Here are the latest real estate statistics for the 3rd quarter 2013 here in Santa Barbara.  As the graph shows, we have continued on a steady increase over the last few years in both average sales price as well as number of homes sold (although down just a little from last year).  After a very strong rise in prices from June 2012 until August 2013, the market has seemed to steady itself.  Prices are currently very stable feeling (no increase or decrease), demand is still very high and the biggest... Continue Reading >

Santa Barbara Real Estate Yearly Market Comparison as of September 2013

Santa Barbara Real Estate Voice Below is a detailed market comparison of Santa Barbara real estate that lays out the yearly market comparison of Sold Listings as well as New Listings.  This comparison takes in all the areas from Goleta, to Santa Barbara, to Hope Ranch, to Montecito, to Summerland and Carpinteria.  These numbers are then broken down further to include: Dollar volume of New and Sold Listings Median sales price of New and Sold Listings If you have any further questions about these statistics, please let me know if I can be of help.  I can also... 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 on the market. Here are the latest January 2013 statistics for... Continue Reading >

Santa Barbara Real Estate Market Update March 2012

Santa Barbara Real Estate Voice Here are some of the latest Santa Barbara real estate market statistics with regards to inventory, listings, sales, prices etc. for March 2012. As the statistics show, the real estate market here in Santa Barbara, Goleta and Carpinteria is very strong and active.  With the combination of fewer listings (inventory), great interest rates and buyers that are comfortable with the market....homes are selling quickly across all price points in the last 6-8 months. The graph below depicts this overall lack of inventory in general...one of the obvious factors leading to a fairly quick market.   The immediate... Continue Reading >

Santa Barbara Real Estate Benefits From Fixed Mortgage Rates Continuing Near Record Lows For 6th Straight Week

Santa Barbara Real Estate Voice This weeks average rate on the 30-year fixed mortgage continued to hover just above its record low.  Freddie Mac reported this week that the rate on the ever popular 30-year home loan sat just below 4% at 3.99%.  The record low for the 30-year mortgage rate was set about 9 weeks ago when it dropped to 3.94%. The average rate of the 15-year fixed mortgage has been sitting around 3.27 %, down from 3.30 % the last few weeks.  The record low for the 15-year mortgage rate was also set about 9 weeks ago at... Continue Reading >

Santa Barbara Real Estate Market Update for the Hope Ranch Area – First 6 Months 2008

Santa Barbara Real Estate Voice 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 level home for $1.635 Million on Ramitas Road.  The highest sale in... Continue Reading >

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