What Does $1 Million Buy in Today’s Very Strong Santa Barbara Real Estate Market?

Where is our real estate market today? We continue to see buyers very very comfortable with where the Santa Barbara real estate market is today.  Most reports and statistics are also showing that this very strong market is not just a tick here and there, but a market with "very strong legs".  We have now seen about 6-8 straight months of solid activity with homes selling quickly and prices very stable.  Here in Santa Barbara, we are now once again confronted with... Continue Reading >

Santa Barbara Real Estate – Summerland Real Estate Market Update June – October 2011

Here is an quick summary of the real estate market in the Summerland area from the past summer months through until the end of October 2011.  Normally this time of year sees a lot of activity in June and July, then slowing a little in August as many people are on vacation, sending kids off to school, paying bills from all the summer activities etc.  Then in mid September through until about Thanksgiving we have a relatively strong real estate market... Continue Reading >

Summerland Real Estate Sales Update, Santa Barbara CA. – First 6 Months 2009

For the first 6 months of 2009, there were 3 closed sales of single family homes and condos in Summerland CA.  Currently as of June 30th, 2009, there is 1 property in Summerland that is pending sale (under contract). The lowest sale in Summerland was a decent lot with a fixer home with ocean views located at 2536 Banner Avenue, Summerland CA, 93067.  The sales price was $650,000. The highest sale in Summerland was an impeccably remodeled home with expansive ocean views... Continue Reading >

Santa Barbara Real Estate Market Update for the Carpinteria / Summerland Areas – Overall Yearly Sales Statistics for 2007

Carpinteria and Summerland Real Estate areas for January 1, 2007 - December 31st, 2007 I have summarized below an easy to look at brief outline of the overall statistics for the Santa Barbara Real Estate market for the Carpinteria and Summerland Real Estate areas for 2007: The total number of single family homes sold was 65.  Overall the average sales price in 2007 was at $2,553,336.  The average days on the market were 111 in 2007. The total number of condos / townhomes... Continue Reading >