Riviera homes with ocean views in Santa Barbara have recently been in very short supply. There are currently only 11 actively listed in the Santa Barbara MLS, with 4 for sale under $2M, 5 between $2M and $3M, and 2 over $3M. The number of new listings in Santa Barbara’s Riviera area has been down 25% over the past month when compared to last year. Details and photos of all currently available listings can be viewed through the following link.
Two other beautiful areas in Santa Barbara’s MLS region showing the largest decrease of active listings this year are Carpinteria and Hope Ranch, with drops of 23% and 36% respectively. Carpinteria (population 13,000+) currently has only 18 active home listings, with just 4 under $1M. In Hope Ranch there are only 14 active listings with none under $2.5M. All currently available listings in both of these areas can be viewed through the following links.
With such a short supply of homes it can be difficult for enthusiastic buyers to stay focused on locating and purchasing a suitable property. It’s true though that some of the most rewarding things in life come through hard effort, and purchasing a home in paradise certainly has its rewards. I appreciate the opportunity to assist you and look forward to your inquiries!