Jul 17th

Santa Barbara CA. Oceanfront / Beachfront Real Estate Sales Update – First 6 Months 2009

2009

Categories: Luxury Real Estate, Market Statistics / Updates, The Oceanfront Areas

For the first 6 months of 2009, there were only 3 closed sales of single family homes and condos directly along the Oceanfront here in Carpinteria, Montecito and Santa Barbara CA.  As of July 1st, 2009, there were 0 properties directly along the Oceanfront area that were pending sale (under contract). The highest sale directly along the Oceanfront was a Mediterranean style home located in the cove in Montecito located at 1631 Posilipo Lane, Montecito CA., 93108.  The sales price was $8,300,000. Overall, this market directly along the Oceanfront was much slower than the last few years.  Also, prices on average have... Read more

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