Here is the latest data for Santa Barbara’s Real Estate market. In general, October’s number of sales was down from 2017, but the median price was up 7% year-over-year.  As has been the case throughout the year, low inventory remains the key to prices and sales, and with prices still strong, many sellers are finding themselves in a positive equity position and an opportune time to sell. Below we are able to see specific homes that have sold in the last month, and for the price they were sold.   Let’s take a look at the residential sales in Santa Barbara for the month of October:

Below is the South Santa Barbara County Price Report for the month of October. We are able to view the total number of sales and the average price point, overall price changes, median prices, and percent change in sales by volume as well as percent change of median price levels. These trends give a good idea of exactly where in Santa Barbara is seeing the most action, and which residential price levels are performing the best / have the quickest turnover.  The categories are broken into area from Santa Barbara, Montecito, Hope Ranch, Goleta, Carpinteria, & Summerland. If you have any questions on this data, or would like information on a specific neighborhood or zip code, please contact us and we will facilitate this for you. – McGuire-Westlotorn –

To search for properties in the Santa Barbara South County Area, visit the link below:

https://montecitolandc.wpengine.com/santa-barbara-montecito-search