Popularity of Homes

Sales figures from last month indicate that the $500,000 to $1 million price range continues to be the hottest in Santa Barbara. Following are the sales figures for each price range along with the most popular areas of sale.

Under $500,000 – 4 under contract – 3 closed sales – 109% sales price to list price ratio – East and West of State Street most popular

$500,000 to $1 million – 58 under contract – 51 closed sales – 100% sales price to list price ratio – East of State Street most popular

$1 million to $1.5 million – 30 under contract – 26 closed sales – 98% sales price to list price ratio – West of State Street most popular

$1.5 million to $2 million – 21 under contract – 16 closed sales – 96% sales price to list price ratio – East of State Street most popular

$2 million to $3 million – 8 under contract – 16 closed sales – 97% sales price to list price ratio – Montecito most popular

Over $3 million – 9 under contract – 7 closed sales – 98% sales price to list price ratio – Montecito most popular

Highest under contract – $24.5 million – Santa Ynez

Highest closed sale – $5.3 million – list price $5,095,000 – Montecito – Sold by Village Properties

Please contact me for specific details on any price range, property, or area of interest.