Santa Barbara Home Values, Santa Barbara Homes Sales

Santa Barbara Real Estate Home Sales Report for the first part of 2007 - January 2007 to June 2007. Click here to E-mail us for a detailed list of homes that have sold in any given area of Santa Barbara. Ask Now Investments, Inc. 805-640-8354

Santa Barbara, is a Southern California coastal community located 90 miles north of Los Angles off of U.S. Highway 101. Sheltered by the mountains to the north and nourished by the cool breezes of the Pacific Ocean Santa Barbara and the adjoining communities enjoys some of the best weather in the United States. With moderate temperatures ranging on the average from 50 to 75 degress and an annual average rainfall of 16 inches flowers bloom year around and out door living enjoyed as a continual way of life. So, if you are looking for a community where the weather is not an issue, the surroundings are magnificantly beautiful year around then Santa Barbara may just be the place for you.

The cities, towns and neighborhoods of Santa Barbara, Goleta, Summerland, Carpenteria, Montecito and Hope Ranch make up what is know the Santa Barbara community. These communites combine to create a unique living and vacation environment that can easily be described as the "best of the best."

The Santa Barbara Community is a way of life. A life full of beauty, culture, art, the the luxuries of fine living.

Santa Barbara home values, compared to the rest of the United States would be, by most accounts, considered high. With the average price of a home well over $1,000,000 the average home buyer may find it defficult, if not impossible to purchase a single family Santa Barbara home. However, for buyers whose resources allow them luxury of purchasing a home here Santa Barbara has a lot to offer in the way of unique homes and townhomes, beautiful, quiet and safe neigborhoods, eligant living and increable year around weather.

For example here are the Realtors comments on homes that have sold in the Santa Barbara areas. Reading the comments you get a general idea of the types of properties that are available to you and the prices you can expect to pay.

Montocito Estate "Welcome to paradise. Collina dei Fiori... Resort-style living overlooking the canopy of Montecito on 40 acres, like owning your own mountain! Unobstructed sunrise to sunset views, including ocean, island, & mtn. views. This fine home has all the amenities that one would expect from a Montecito Estate, while offering a comfortable & casual lifestyle. Double wall construction. 8 car garage." Total Bedrooms: 4,Total Bathrooms: 6, Total Full Baths: 4, Total Half Baths: 2,Year Built: 2001 - Originally asking $12,000,000 - sold in March 2006 for $9,250,000
Montocito Spanish on .42 acres. "Spanish loaded with charm! Decks overlooking Beautifully landscaped private garden. Coved Living Room Ceiling and Plantation Shutters. It has a two car garage and lots of storage under the house. Walk to the beach and restaurants." Total Bedrooms: 2, Total Bathrooms: 2, Total Full Baths: 2, Year Built: 1935, Originally asking $1,725,000 sold in March 2006 for $1,735,000
Hope Ranch Home. "Dramatic Hope Ranch Contemporary Estate on 3 acres. Magnificent design and floor plan with 4 bedroom suites, 2 offices, game room and 4 car garage. Unique water features, pool, tennis court, gated entry, mountain views. Truly a living work of art."Total Bedrooms: 4, Total Bathrooms: 6,Total Full Baths: 4,Total Half Baths: 2,Year Built: 1993 ,SqFt.: 6,400, Originally asking $8,850,000 - sold 2006 for $7,700,000
Hope Ranch Cottage. "Charming Hope Ranch cottage located on desirable Camino Medio enjoys a coveted and quiet location. Beautifully situated on one usable, flat acre w/ pool & spa. 4 generously sized bedrooms and 3 baths. New paint & carpet. Light & bright, open beam ceilings, hardwood floors. Enjoy all Hope Ranch amenities including 'private' beach, tennis & security patrol." Total Bedrooms: 4, Total Bathrooms: 3,Total Full Baths: 3,Total Year Built: 1955 - Sold for full price #-$2,350,000.
Santa Barbara Single Family Home. "RECENTLY REMODELED SINGLE LEVEL SAN ROQUE HOME ON QUIET CUL-DE-SAC THAT SHOWS LIKE A MODEL! RECENTLY ENLARGED MASTER BEDROOM SUITE WITH LARGE CEDAR LINED CLOSET & ADDED LARGE FAMILY ROOM (3RD BEDROOM POSSIBILITY). NEW DOORS, WINDOWS & HARDWOOD FLOORS. GRANITE FIREPLACE, ETC. ETC. 2ND BEDROOM MAKES INTO A SEPARATE SUITE! GREAT BACK YARD WITH FRUIT TREES. READY TO MOVE IN IMMEDIATELY!" Total Bedrooms: 2, Total Bathrooms: 2, Total Full Baths: 2, Year Built: 1962, Originally asking $1,500,000 sold April 2006 for $1,048,000
Santa Barbara Ocean View Home. "Enjoy spectacular city, ocean and harbor views from this custom built, architecturally designed upper Riviera home set on a magnificent site. The open floor plan and numerous outdoor entertaining areas add to the charm. Oak trees, mature landscaping and seclusion make this a unique property." Total Bedrooms: 3, Total Bathrooms: 2.5, Total Full Baths: 2, Total Half Baths: 1, Year Built: 1955 - Orginally asking $2,950,000 - Sold for $2,500,000 in April 2006.
Santa Barbara Condo. "Beautifully remodelded 2Bed/2BA Condo located 3 blocks from the heart of downtown. This 3rd floor unit features tumbled marble & granite countertops in the gourmet kitchen. Stainless steel appliances, hardwood floors, new marble bathrooms. Lovely city views and some ocean views. Move-in-condition. Fabulous Upper East Neighborhood" Orginally asking $695,000 - sold for $675,000 in Nov. 2005
Goleta Single Family Home. " Treasured tri-level with 4 bed, 2.5 bath. Lovingly maintained property features a living room, dining room, family room with fireplace & master bedroom suite. Large fenced yard with covered patio." Total Bedrooms: 4, Total Bathrooms: 3, Total Full Baths: 2, Total Half Baths: 1,Year Built: 1967,SqFt.: 2,118 - Sold for $985,000 is June 2006
Goleta Townhome, "This is one gorgeous Goleta condo in excellent condition set in an area of million dollar plus homes. Beautiful southern exposure with expansive views to your own big back yard and the greenbelts beyond. All appliances including washer/dryer in one car garage come with." Total Bedrooms: 2, Total Bathrooms: 3,Total Full Baths: 2,Total Half Baths: 1, Year Built: 1997 - Listed for $799,000 Sold in Nov. 2005 to $738,000

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	Units	Volume	Average Sale Price	Median Sale Price	Avg. Diff. SP to LP	Avg. DOM
All sold listings	342	$557,974,115	$1,631,503	$1,032,500	- $53,366	27
Co-op Sales	71	$145,600,900	$2,050,717	$1,200,000	- $69,379	26
Non Co-op Sales	271	$412,373,215	$1,521,672	$995,000	- $49,171	28

Property Type/Area	Units Sold	Volume	Average Sale Price	Median Sale Price	Avg. Diff. SP to LP	Avg. DOM
Residential homes	342	$557,974,115	$1,631,503	$1,032,500	- $53,366	27
05 - CARPINTERIA-SUMMERLAND	25	$47,579,000	$1,903,160	$699,000	- $31,560	30
10 - MONTECITO	52	$189,792,000	$3,649,846	$2,700,000	- $177,883	26
15 - EAST OF STATE	101	$128,114,300	$1,268,458	$1,100,000	- $28,833	27
20 - WEST OF STATE	71	$76,142,050	$1,072,423	$925,000	- $32,806	25
25 - HOPE RANCH	8	$37,455,000	$4,681,875	$3,850,000	- $128,750	22
30 - GOLETA SOUTH	40	$32,906,250	$822,656	$787,500	- $17,640	35
35 - GOLETA NORTH	45	$45,985,515	$1,021,900	$939,000	- $27,451	25

Santa Barbara Home Sales Report, What homes have sold for in Santa Barbara communities