The kids are back at school and most of us are getting back into a new routine of drop offs and pick-ups…but all good fun. So how is the Real Estate Market holding up? Let’s check it out!
As I look at sales this year compared to last year in Santa Barbara we are seeing less homes coming on the market, down 5.1% this year compared to last year. The median list price is up 7.5% to $1,495,000 and the median sales price is also up 6.5% to $1,253,000. We have had 786 single family homes sell through August, which is a little ahead of last year’s 741. There is still a lot of buyer competition for homes that are well priced in good neighborhoods. The old saying of location, location, location is as important as ever.
Check out the new listing I have coming on the market at www.1726GrandAveSantaBarbara.com great location, school, views, charm, and so much more!
If you are thinking about making a move or just interested in taking the first step, please give me a call or email me and I’ll be happy to help you.
Enjoy these long warm days!
Photos of 1726 Grand Ave