Real Estate October 30, 2018

Best-selling properties in Santa Barbara

Over the past three months there have been more homes selling on the west side of Santa Barbara than any other areas between Goleta and Carpinteria. With a 13% increase in number sold and 20% increase in sale volume over the same period last year it’s the only area that has not seen a decline. Although Hope Ranch and Carpinteria have declined in sales volume for the period they’ve also experienced a higher percentage of more expensive homes selling. This can largely be attributed to luxury buyers hesitating on making purchases in Montecito until more of a recovery from the recent mudslide events are felt.

Of the 76 sales in westside Santa Barbara and 9 sales in Hope Ranch over the past three months, following are the most notable. We take pride that our Village Properties brokerage successfully represented at least one of the parties in each transaction.

222 La Marina  –  4 bedroom, 2.5 bathroom  –  Sold for $2,550,000

1631 Shoreline Drive  –  2 bedroom, 2 bathroom  –  Sold for $3,950,000

3101 Cliff Drive  –  4 bedroom, 3.5 bathroom  –  Sold for $7,100,000

1486 Cantera Avenue  –  4 bedroom, 4.5 bathroom  –  Sold for $5,900,000

4161 Creciente Drive  –  3 bedroom, 3.5 bathroom  –  Sold for $7,100,000

4230 Cresta Avenue  –  5 bedroom, 8.5 bathroom  –  Sold for $13,600,000

Your inquiries are appreciated as we look forward to keeping you updated on our Santa Barbara area’s local market dynamics, and to the opportunity of assisting you with your most important real estate decisions.

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