Santa Barbara Market Report | December 2020
Happy New Year from Knight Real Estate Group! We are delighted to provide you with a recap of the market through December 2020. While most of us would rather forget 2020 happened, we can’t deny the impact it had on real estate, especially in South Santa Barbara County.
Despite an abrupt dip in sales during the Spring months, August through December posted record-breaking numbers. The year ended with a 23% increase in the median price for single family homes, and an 8% increase for condominiums.
Santa Barbara Market Report | November 2020
Knight Real Estate Group is delighted to provide you with a recap of the market through November 2020. And what a year it has been so far! Real estate continues to show unprecedented strength as we move into the holidays.
Here’s a snapshot of the real estate market in Santa Barbara County through November 2020. Enjoy and check back soon for the December 2020 update.
Santa Barbara Market Report | October 2020
The season of giving thanks is here, and Knight Real Estate Group can’t think of a better time to let you know how grateful we are for the opportunity to be of service to you, and how very much we appreciate your past business and referrals. You have helped us realize our goal of providing exceptional real estate representation to you, your friends and your clients. Should you have a real estate need over the upcoming holidays, we’re here for you!
Here’s a snapshot of the real estate market in Santa Barbara County through October 2020. Enjoy and check back soon for the November 2020 update and have a happy and safe Thanksgiving!
Santa Barbara Market Report | September 2020
Despite consistently low inventory during the third quarter of 2020, Q3 ended strong with September posting more sales than any other month during the past decade. In fact, 56 homes sold in Montecito in September 2020, compared to only 21 in 2019. And of those home, 19 closed escrow for over $5 million! This is one of the strongest – and most surprising – Seller’s Markets we’ve seen, with a YTD median price increase of 17 percent.
Here’s a snapshot of the real estate market in Santa Barbara County for the month of September 2020. Enjoy and check back soon for the October 2020 update.