Santa Barbara Real Estate Market Report | November 2021

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Knight Real Estate Group is pleased to present the November 2021 Market Report by Village Properties for South Santa Barbara County. You may have heard that throughout the U.S., the real estate market appears to be cooling off. While that may be true for some areas, the statistics paint a very different story for Santa Barbara County.

While South County inventory levels remain at historically low levels – a mere .94 month supply of homes – the month of November posted a 10% gain in total sales YTD over Nov. 2020. The median sales price is also up 25% YTD over Nov. 2020. And a whopping 33% of all purchases are non-financed/cash sales.

Please be sure to view our recent sales and blog posts when visiting our website. And, as always, give us a call if you would like to have a conversation on our local real estate market. We’re here to serve all your real estate needs during the holiday season!

Click here to view the full report »


Santa Barbara Real Estate Market Report | October 2021

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The October 2021 Market Report by Village Properties is out with insights more accurate than any other market report thanks to our friends at Fidelity National Title. As explained in last week’s Special Report, the real estate market is still extraordinarily strong along the South Coast. Please be sure to view our recent sales and blog posts. And, as always, give us a call if you would like to have a conversation on our local real estate market.

Click here to view the full report »


Santa Barbara Real Estate Special Market Report

Special Market Update October 2021

As we approach the holidays, Knight Real Estate Group is pleased to present this Special Report to update you on the current market conditions in the Santa Barbara area. You may have heard that, throughout the U.S., the real estate market appears to be cooling off. While that may be true for some areas, the statistics paint a different story for Santa Barbara County.

October 2021 posted the highest home sale number on record for the month, with the exception of last year and what we are calling “the COVID affect” in real estate, which fundamentally changed how people live and work in their homes. Compared to 2019, October sales were 18% higher. Clearly the demand for real estate is still very strong as we head into the winter selling season.

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Santa Barbara Real Estate Market Report | September 2021

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As summer turns to fall, the South Santa Barbara County real estate market has remained extraordinarily strong. Local inventory remains at approximately half of what it was this time last year. Buyer traffic is still at historically high levels and mortgage purchase applications are the strongest in a decade, despite a recent uptick in rates. Prices are still appreciating.

Check out the September 2021 Market Report by Village Properties with insights more accurate than any other market report thanks to our friends at Fidelity National Title. We are delighted that our new listing at 1220 Franklin Ranch Road is featured on the cover. You can access the Property Brochure here, and view recent sales and blog posts. As always, give us a call if you would like to have a conversation on our local real estate market.

Click here to view the full report »