Apr 15th

Santa Barbara Luxury Property Sales Continue to Set Records Year After Year

2008

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... Read more

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