For purposes of this analysis, the Santa Barbara real estate market is defined as all properties in Santa Barbara from Carpinteria through Goleta. The year to date state of the Santa Barbara real estate market is that the median home price is flat with this same time last year, currently standing at $700,000. The number of Santa Barbara properties sold is up nearly 13% over this same time last year, while the number of new listings in Santa Barbara is up just over 3% from this same time last year.
The Santa Barbara real estate market still has a good supply of inventory for sale, and there are many eager sellers ready and willing to make a deal. You can search Santa Barbara real estate matching your specific criteria at www.DistinctiveRealEstateOnline.com or you can call Wendy Gragg at 805.453.3371.
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