Santa Barbara’s Stellar Market

More than anywhere else in the country, California metros are showing some of the largest year-over-year asking price increases according to Realtor.com. The Santa Barbara metro area tops that list, posting a 32.05% year over year increase, a staggering 6% higher than any other metro area nationwide. Complementing this trend, California metros are also posting some of the largest inventory declines.

September numbers are also in from CORT, confirming a continued improvement in Santa Barbara South County Sales over the past five years. Last month’s closed sales were up 8% over September 2011. Here at Rebecca Riskin & Associates, we have had four closings in the past 30 days, with 3 more listings pending. Santa Barbara South County Sales September 2012

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s