August 2012

Found 2 blog entries for August 2012.

May, June, July and August of 2012 have all been hot sales months in Santa Barbara with each month posting over 200 closings. This kind of sales volume has not been seen since 2005. With a market recovery taking place it’s interesting to look at median prices from top to bottom. Currently the year-to-date median sale price for a home in South Santa Barbara County is $825,000. In 2005 the number reached an all-time high of $1,285,000. That’s a 35.8% drop in median sales price from top to bottom.

With such a large drop in median price it’s not surprising that sales this year are reaching all time high levels. This is despite incredibly tight lending standards and a consistently shrinking inventory supply. The allure of lower prices has drawn more and more

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There are still plenty of events and activities to enjoy this summer in Santa Barbara.  Here are just a few.

Aug. 16 - Concerts in the Park Presents: Sgt. Pepper, Chase Palm Park at Cabrillo Blvd. and Calle Cesar Chavez, 6-8:30pm.

Aug. 17 - Colbie Caillat and Gavin Degraw Summer Co-Headlining Tour, SB Bowl, 6:30pm.

Aug. 18 - Woodies at the Beach (Car Show), SBCC West Campus, 9am-3pm.

Aug. 24-27 - Santa Barbara Dog Show, Earl Warren Showgrounds, Friday 7am-8pm, Saturday 7am-11pm, Sunday 7am-8pm, Monday 7am-6pm.

Aug. 25-26 - Santa Barbara Triathlon, East Beach.

Aug. 25-26 - Santa Barbara Studio Artists’ Open Studios Tour, 11am-5pm.

Aug. 26 - Diana Krall with Denzal Sinclaire, SB Bowl, 7pm.

Aug. 28 - Wags N’ Whiskers Festival, Girsh

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