Real Estate Market Update from August

Welcome September…

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 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

Beautiful views taken by the owners from the front porch.
Light & bright living room with fireplace for those cozy nights
Amazing backyard with pizza oven, fruit trees, and over-sized play house.