There are numerous reasons to love the Mesa. Aside from it’s proximity to walking on the sand, views up and down the Pacific coastline and the conveniences of yoga classes, flower shops and wholesome food stores, there is also the wide variety of delicious eateries. Below are a few examples of the eclectic mix of… more
Statistical Analysis for South Santa Barbara County Real Estate Data | June 2016
June Sales Show Signs of Slowing Market By Scott Westlotorn In summary list and sales prices fell decisively in June year over year. Median sales prices have also been fallen since peaking in January. With historically low inventory the market may have gotten ahead of itself as new properties came onto the market during the… more
Weekly Real Estate Activity for June 25 to July 1, 2016
Weekly Real Estate Activity for June 25 to July 1, 2016 by Scott Westlotorn This week there were 43 new listings ranging in price from $67,900 to $8,750,000 with an average price of $1,549,205 and median of $1,050,000. 26 homes went into contract (Pended) and 49 homes closed escrow (Sold). Realtors® confidence and buyer open… more
Pending Home Sales Index + Market Update | June 2016
Pending Home Sales since 2013 + Market Update | June 2016 by Scott Westlotorn Real estate sales had steadily increased since the beginning of 2016 until May when pending home sales let up and declined year-over-year for the first time in almost two years, according to the National Association of Realtors®. The national “Pending Home Sales… more
Statistical Analysis of South Santa Barbara County Real Estate Data | May 2016
Statistical Analysis of South Santa Barbara County Real Estate Data | May 2016 By: Scott Westlotorn The Medium sales price of the 175 single family home sales on the south coast of Santa Barbara from May 3 to June 25 was $945,000. Down significantly from the number of sales this same period last year of… more