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Real Estate Report – May 2014

Posted by on May 19, 2014 in Real Estate Market | Comments Off on Real Estate Report – May 2014

  Entering the Spring Season of Santa Barbara Real Estate There are still multiple offers at all price points.   For single family residences and Planned Unit Developments (referred to as houses), the year to date median continues to rise.  The current median is in line with the medians during the height of the market six to nine years ago as noted on the graph.  Our current median is over 21% higher than last year at this time. On the graph regarding number of sales, there are far less sales than the last two years and during the last Up market.  During the down time of the market, we actually had as many as 33% of our house sales being distressed properties on a monthly basis.  Distressed properties are those that were either selling short (less than what was...

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Santa Barbara Polo Season Has Begun!

Posted by on May 12, 2014 in Lifestyle | Comments Off on Santa Barbara Polo Season Has Begun!

Santa Barbara Polo Season is in full effect! We love the Polo Club, because it is such a fun place to be and is for both friends and families. Natalie and Renee Grubb enjoyed a match this past weekend to celebrate Mother’s Day! Established in 1911, the Santa Barbara Polo & Racquet Club is the third oldest polo facility in the United States and is world renowned for its four lush polo fields and international outdoor competition. In addition to the playing fields and historic Polo Clubhouse, SBP&RC also offers Stabling, Stick & Ball, Polo School, as well as a beautiful Tennis Clubhouse and facility including eight pristine championship hard court tennis courts, swimming and fitness centers. For more information on the Polo Fields and for this season’s match schedule, please visit the following link: http:...

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Sold Santa Barbara Listings From Last Week

Posted by on May 5, 2014 in Real Estate Market | Comments Off on Sold Santa Barbara Listings From Last Week

We are happy to bring you the following sold properties in Santa Barbara from last week: • 202 Eucalyptus Hill Drive – Sold for $2,215,000 • 253 Santa Rosa Lane – Sold for $2,665,000 • 130 W Alamar Ave 3 – Sold for $539,000 • 3056 Foothill Road – Sold for $810,000 • 1010 Crestwood Place – Sold for $849,000 • 208 Santa Barbara Street A – Sold for $1,047,000 • 1561 Alameda Padre Serra – Sold for $1,380,000 • 1622 Loma Street – Sold for $1,550,000 • 1759 Grand Avenue – Sold for $1,650,000 • 1912 Mission Ridge Road – Sold for $2,195,000 • 1111 Mission Ridge Road – Sold for $4,850,000 • 3435 Richland Drive 18 – Sold for $325,000 • 26 W Constance Ave 2 – Sold for $425,000 • 631 W Ortega Street F –...

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