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.