Real Estate May 24, 2016

Summer activity around the corner

Santa Barbara is heading into this summer with 34% more housing inventory than last summer and 11% more inventory than the summer before. Year-to-date sales have trended the opposite way, down 19% from last year and even with the year before. A still rising median price reflects a larger percentage of higher end home sales, which has been aided by the increase of luxury listings as opposed to entry level homes.

In addition to keeping an eye on the real estate market there are many activities to enjoy in and around Santa Barbara this summer. Following are some of the upcoming attractions!

May 26 – Downtown Live Art & Wine Tour, State Street north of Carrillo Street with final party at the Granada Theatre

May 28-30 – I Madonnari Street Painting Festival, the Santa Barbara Mission

June 3 – Skate Art Show, Lucky Llama in Carpinteria, Benefiting the Carpinteria Skatepark Foundation

June 5 – Santa Barbara State Street Mile, State Street and Pedregosa, 1st heat at 8am

June 11 – Santa Barbara Craft Brew Circus, Chase Palm Park

June 16-20 – Illuminous from Circus Vargas, Earl Warren Showgrounds

June 17-19 – Live Oak Music Festival, Live Oak Camp 1.8 miles north of Paradise Road on HWY 154

June 24-26 – Summer Solstice Celebration, on State Street and in Alameda Park

June 25 – Santa Barbara Wine Festival, Santa Barbara Museum of Natural History

I look forward to seeing you in paradise this summer and as always, appreciate your inquiries.