Santa Barbara and its immediately surrounding areas have seen 161 pending home and condo sales since the first of the year. Following is the breakdown according to price range and property type.
Under $1M: 42 homes; 35 condos
$1M - $1.5M: 32 homes; 4 condos
$1.5M - $2M: 11 homes; 0 condos
$2M - $4M: 18 homes; 3 condos
Over $4M: 12 homes; 1 condo
With regard to all areas and price ranges Montecito has seen the most pending home sales so far this year with prices ranging from $1.3M to $28.85M, and Santa Barbara’s east side the most condo sales ranging from $390K to $1.499M.
With only 406 currently available homes and condos combined it’s no small feat that 161 have been put into escrow since Jan. 1st. Sales have no doubt been helped by…