Santa Barbara Real Estate Voice
| Apr 15th |
Santa Barbara Luxury Property Sales Continue to Set Records Year After Year |
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2008
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Categories: Luxury Real Estate, Santa Barbara |
One market that has not been effected by all the negative national news with regards to the credit crisis and sub-prime fallout is the high-end homes and luxury estates in Montecito and Santa Barbara CA, particularly along the coastline.
This high-end real estate market is referred to as property sales in excess of $10 Million.
To illustrate the pace and volume of these sales, I have included some statistics below that show the year over year increase in sales.
2002 reported in the MLS approximately $42 Million in sales
2003 reported in the MLS approximately $65 Million in sales
2004...
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