Santa Barbara Real Estate

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Santa Barbara Real Estate Market Highlights

October 28th, 2016 · No Comments · Santa Barbara Real Estate, Santa Barbara Real Estate Market Trends

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According to the Santa Barbara Multiple Listing Service, in the third quarter of 2016, Santa Barbara saw average sales prices increase 17% from $1,080,000 in 2015 to $1,300,000 in 2016.  However single family homes sold decreased from 235 in 2015 to 215 in 2016.

In Montecito, the average sales price decreased by 24% from $3,800,000 in 2015 to $2.9 in 2016. Total single family homes sold in Goleta decreased 31% from 195 in 2015 to 134 in 2016. This represents the fewest single family homes to sold in Q3 in the past five years.

Featured listing for sale here (above photo) is located on Buena Vista in Montecito for $3,995,000. A three bedroom four bath home on approximately 2.5 acres. For more information or a private tour contact us today.

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