Santa Barbara Real Estate Market Report | February 2021
Could we be in the middle of the hottest Seller’s market ever? Maybe! The February 2021 market data confirms that demand for properties across all price points remains high, while inventory levels are still very low. These conditions have pushed the median sales price along the South Coast up 24% from February 2020, setting a new record high. View the full report for more details.
Santa Barbara Real Estate Market Report | January 2021
2021 has started off with a bang! As has been the trend for at least the past 6 months, we saw very strong sales numbers in the Santa Barbara real estate market during the month of January. With inventory sitting at the lowest level recorded in the past 15-years, we expect prices to continue to climb.
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.