Wednesday, August 6, 2008

Northern Santa Barbara County Homes Sales, Up?

I know that blogs don't get much attention when they publish good news, but I guess I'll see if anyone will read this.

When you look at the numbers in Santa Maria and Lompoc and the sourrounding areas the number of home sales has certainly trended up.

June was the third month in a row that Santa Maria was over 130 sales. The highest number of sales in all of 2007 was 104. In 2006 March, July, and August were all in the 130's. June of this year actually hit 141, which is the hightest number in at least three years.

Lompoc is a little different story, but since February the number of sales has been climbing. 45 in March, 42 in April, 51 in May, and 50 in June. 51 is higher than any number in 2007, but not as high as the 68 transactions in January of 2006. It certainly is a huge improvement over the end of last year where in September, October, November, and December were all in the 20's.

It would appear that if you are looking to take advantage of the lower prices in these areas that you should certainly consider making offers now. I would think the increased demand would help prices flatten or start to rise a bit.

If you would like to see the area sales you can click on the map links to the right for these areas. You can also view the charts showing the number of sales on the right.

If you would like more information on June's home sales in Southern California, you can check out Dataquick.

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