Over the last few months we have seen more movement in the real estate market than at any other point over the last five years. Keep in mind we are only in September and sales have never been stronger. To follow is a breakdown of Santa Barbara County and where we have seen the most movement. All information was acquired from http://www.city-data.com/city/Toro-Canyon-California.html a fantastic website for comparing incomes, sales distributions, and much more!

Be sure to check it out!

Overall Comparison

Comparing last year to 2013, the total number of sales in the districts have been up 7% to 21% with an average of 15%. Median sales prices are up from 7.5% to 16%. Both single family residents and condos are seeing the same positive gains.

25% of the sales were sold over the listed price.

Breakdown by Area

Montecito – 143 fine homes/estates were sold, and 18 condos.

Carpinteria/Summerland-  56 homes and beach estates and 51 condos sold.

East of State Street-  182 home sales this quarter and 52 condo sales.

West of State Street-  157 home sales this quarter and 66 condo sales.

Hope Ranch- 22 home/estates sales.

Goleta North and Goleta South- Most homes were sold the first week on the market. North Goleta had 127 home sales and 35 condo sales while South had 71home sales and 40 condo sales.