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.