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Whether you’re buying or selling in Santa Barbara, it is critical to have a clear understanding of what is going on in our market. You will be better prepared to buy or sell a home by knowing the most important data about local real estate trends.
For the previous week, there were 254 active listings and 80 properties were under contract, a clear indication that the real estate market is gearing up for another successful Spring Market. For a period of one week, March 5th to 11th, we have observed and gathered what has been happening in the property market in Santa Barbara, Montecito and Hope Ranch and attempted to display an overview of the results in this post.
Here’s a snapshot of how the market performed for the week of March 5 - 11 in Santa Barbara, Montecito and Hope Ranch:
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Below is a list of homes that became active in the last 7 days
Are you thinking of selling your home this Spring? The Spring market is one of the best times to sell your home. The foliage in Santa Barbara can be breathtaking and a great way to showcase the uniqueness of your home. If you haven’t hired a top producing Santa Barbara real estate agent yet, contact me, and I’d be happy to discuss the Santa Barbara fall and winter real estate market history and the current state of the local market!