Here’s is a collection of recent Santa Barbara real estate snippets from various local sources defining the Santa Barbara Real Estate scene:
Montecito Journal: “One of the largest and most historic properties in Montecito has just come on the market. The 237 acre estate known as Rancho San Carlos has a 30,000 square foot, 1931 Reginald Johnson designed Monterey Colonial main house with 10 bedrooms and 10 full baths and is listed for $125,000,000. (MJ September 11-18, 2014)
Montecito Journal: “Two brand new Coast Village Road condos will be listed at the end of this month. The condos are roughly around 2000 square feet, and are part of a mixed use building owned by developer Alberto Valner. The condos features two levels with a third floor access to a private rooftop with views of the ocean and mountains. The asking price will be in the mid $2 million dollar range. (MJ September 11-18, 2014)
Casa Magazine: From the Santa Barbara Board of Realtor’s President, Ed Fuller, “Median Sold Price in August near Monthly Record!” The highest monthly median sold price for single family homes in the Santa Barbara Metro Area (Southern SB) was $1,472,500 in September of 2005. This August the median Sold Price was: $1,472,500 jumping 25% from July’s $1,178,500. The median price, meaning half the homes sold were more expensive and half were less expensive, can be skewered upward with a higher number of more expensive homes sold, and may not indicate a rise in overall price levels. (September 5, 2014)
Santa Barbara Courthouse Aerial Imagery by Santa Barbara’s TechnoPanorama
SELLERS ASK FOR 30 PERCENT MORE FOR HOMES IN TOP PUBLIC-SCHOOL DISTRICTS
Private schools can be pricey, but so can homes in top-rated school districts, a recent study found.
In an Aug. 13 blog post Trulia Chief Economist Jed Kolko found that asking prices for homes in a school district with a GreatSchools rating of nine or 10 were 32 percent above average. On the other hands, asking prices were 41 percent below average in areas with GreatSchools ratings of one or two.
Kolko points out that although buyers who don’t pay private-school tuition can afford a much pricier house, in the long run, education isn’t cheap. “The hard truth is that both can cost an arm and a leg,” he wrote.
Simply, what sells a home is 1. Condition of property 2. Zip Code (Location, location, location), and 3. School District. Whether you have children or not, when you get ready to sell your home School Districts are a critical valuation for prospective buyers.
Santa Barbara Homes For Sale
Map of Santa Barbara Schools with Zoomify!
Goleta School Map with Zoomify
Santa Barbara Local Online News with
Noozhawk and Edhat of Santa Barbara
Tags: Hope Ranch Realtors·Montecito Realtors·Santa Barbara Realtors
Something new for Santa Barbara Real Estate! Live Statistics! Sales asking prices for the last 7 days, and the last 90 days. If you’d like to take the “Pulse” of today’s market here’s where you’ll find it.
Iif you’re not familar with Santa Barbara’s Zip Codes, here they are:
Carpinteria: 93013, Summerland: 93067, Montecito: 93108, SB Westside: 93101, SB Westside: 93109 , SB Eastside: 93103 (Riviera), SB Eastside: 93105, Hope Ranch: 93110, Goleta:93111. Goleta/county: 93117, and Santa Ynez: 93460
Tags: hope ranch real estate·Montecito Real Estate·Santa Barbara Real Estate
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Tags: Santa Barbara Aerial Video·Santa Barbara Real Estate Videos