Santa Barbara Homes Magazine

Claire Hanssen of Prudential Santa Ynez Valley Santa Barbara presents Blue Belle's Ranch as the featured property for the cover of Santa Barbara Homes Magazine

Discover the Santa Ynez Valley with Claire Hanssen...Explore the gated enclave of Oak Trail Ranch

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  • Santa Barbara Market Conditions by Jeff Reeves of Village Properties Montecito

    April 2009 Average and Median Sales Prices in Southern SB County. The median sales price in April 2009 is down 29% when compared to April 2008.  Santa Barbara's median sales price dropped 22% and Goleta dropped 20%.  And most importantly, the high end is finally starting to show signs of the reality of the market.  Montecito dropped 38% in April 2009.  We are near the bottom, maybe another 10-15% more at most.  Be careful because interest rates are going to rise within the next year or so.

    Harry Kolb of Sotheby's Montecito talks about Market Trends in Santa Barbara County

    Harry Kolb of Sotheby’s International Realty® Reviews Recent Trends of Montecito Estates over $5 Million in his Newsletter "The Little Woods."

    By now it’s no surprise that estate sales were down last year. In 2008 we sold 57 homes in our area for over $5 million compared to 66 the previous year.

    April 2009 Santa Barbara market update by Jeff Reeves of Village Properties Montecito

    April 2009 Santa Barbara/Montecito Sales - Southern Santa Barbara County

    Overall, there was an increase in the number of units sold compared to last month.  This was expected because the next 4-5 months is our busiest time of year.  Sales are slow from October through February. When I compare April 2009 to Ap
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