It seems like summer has been moving as fast as the real estate market this year in Santa Barbara. The good news is that there’s still plenty of beautiful weather in store and the amount of inventory for home buyers has picked up slightly.
September, October and November produce some of the best weather months in Santa Barbara with maximum sunshine and mild temperatures averaging between 70 and 80 degrees. This kind of weather is optimal for checking out ocean view and beach orientated properties in the area. In the past four years December has averaged the highest number of real estate closings for any month. These are properties that were looked at and/or went under contract in September, October and November.
Santa Barbara’s small rise in home inventory is certainly welcomed by buyers that will be looking in the coming months. We’ll hopefully be seeing more homes becoming available in August as well. Currently there are 5% more homes on the market than there were a month ago.
May we all find time to enjoy the vibrant beauty of summer in Santa Barbara, including the yearly Fiesta celebration scheduled for July 31st through August 4th. I look forward to keeping you up-to-date with more news and best buys in the Santa Barbara real estate market throughout the season.