Santa Barbara Real Estate

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Santa Barbara, Montecito, Hope Ranch Average and Median Price Review 2007-2015

January 21st, 2016 · No Comments · Mark Lomas and Kirsten Wolfe, Market Conditions, Santa Barbara Real Estate Market Trends

2StatsSBMontecitoHopeRanch07to2015

Santa Barbara, Montecito, and Hope Ranch market trends from 2007 to 2015. Right now there does not appear to be any downside to the Santa Barbara real estate market.  The modest increases in median prices across the areas still look appealing to buyers. One concern is the Chinese stock market which recently has had an effect on the Dow Jones.  If the Chinese market continues to slip it might have some affect on the buying power for some prospective buyers and if the Feds continue to raise interest rates it might be prudent for some buyers to get off the fence. Data provided by Fidelity Title Company

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