Friday, October 17, 2008

September Real Estate Sales In Santa Barbara

The Santa Barbara area has been pretty consistent in recent months with the number of sales that CORT has been reporting. September saw a small decrease to 117.
The 2 largest sales appear to be commercial properties. 600 Pine Ave. in Goleta sold for $13,100,000 and 5464 Carpinteria Ave. sold for $12,000,000.
 
The largest residential sales appear to be 942 Hot Springs which sold for $10,107,000 and 803 Picacho sold for $9,500,000.
 
Hope Ranch appeared to have a pretty active month with 3 properties selling.
  1. $2,555,500 9/12/2008 1510 CANTERA AVE
  2. $3,495,000 9/30/2008 1151 ESTRELLA DR
  3. $5,000,000 9/30/2008 4545 VIA ESPERANZA
I noticed a number of Highlands Condos transferring as well.
  1. $380,000 9/10/2008 968 Miramonte DR 2
  2. $389,000 9/2/2008 965 Miramonte DR 5
  3. $475,000 9/26/2008 951 Miramonte DR 3
Those are my quick observations for now. Be your own judge on what is happening in your area of interest.

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