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Thanks for visiting my blog, but we have moved! You can find the new blog at www.EmilyKellenberger.com or www.EmilyKellenberger.com/blog. We hope you will visit us! We are always working to improve our marketing and web presence.

Weekly Snapshot Statistics - 6/30 - 7/6

For the week of 6/30 - 7/6

48 New Listings

17 Price Changes

41 Sales Pending
25 (under $1M)
11 ($1-2M)
3 ($2-4M)
2 ($4-8M)


25 Closed
18 (under $1M)
4 ($1-2M)
3 ($2-4M)


8 Expired
7 Cancelled
2 Withdrawn
10 Back on Market

Alma Del Pueblo and Santa Barbara Public Market Featured on KEYT News

Recently, Alma Del Pueblo was featured on KEYT News, in a special about the vendors and progress of the public market.  Project developer and owner Marge Cafarelli is quoted, "the public market is a collection of best in class merchants, Santa Barbara-based merchants or regionally based merchants."  Stay posted for more updates of the public market vendors, construction, and the development!

Recently Sold - 649 Avenida Pequena

This charming four bedroom, two and a half bathroom home sits on a tranquil corner lot near open lawns and greenery.  The property is in a great location, near the community pool, tennis courts, citrus and avocado trees, and enjoys its own private patio. The interior was recently upgraded with bathroom remodels and stainless steel appliances, and it is located within Kellogg school district.  This lovely Goleta property was listed for $689,000.

Just Listed - 703 Litchfield Lane

Heavenly ocean, island, & mountain views are the centerpiece to nearly every room of this sophisticated and extensively remodeled Mesa home with an open floor plan that offers the coveted California lifestyle as tall French doors allow the ease of indoor/outdoor living & entertaining in Santa Barbara’s idyllic climate. This well-appointed and stylish home boasts over 3,000 square feet, attention to detail, dramatic high ceilings, plentiful natural light, 4 bedrooms, 3 full bathrooms, and is located in the heart of the Mesa on a peaceful cul-de-sac street. An incredible opportunity! This is a must-see.

Listed for $1,795,000 - contact Emily McBride for showings or questions - (805)252-2773

Months of Inventory Statistics

Below are the Months of Inventory Statistics for homes, PUD's, condos and ranches ranging from Carpinteria through Goleta.  Months of Inventory, or Market Velocity, is the number of months it would take to sell all the current active listings, at the current pace of sales, assuming no new listings are added.  To calculate this, we use the number of properties that entered escrow in the immediate past 30 days.  This is a much better indication of buyer confidence today vs. closed sales that reflect buyer activity 2-4 months ago.

As a rule of thumb, 0-3 months of inventory indicate a sellers' market; 3-6 months indicates a "balanced market"; 6-9 months is a buyers' market and 9+ months is indicative of a weak market.  The numbers below reflect a low number, showing that the market is  hot right now! 

All Price Ranges:
393 Active Listings
195 Entered Escrow in the past 30 days
2 Months of Inventory

Under $1M
108 Active Listings
126 Entered Escrow in the past 30 days
25 Days of Inventory

$1-2M:
93 Active Listings
44 Entered Escrow in the past 30 days
2.1 Months of Inventory

$2-4M:
95 Active Listings
21 Entered Escrow in the past 30 days
4.5 Months of Inventory

$4-8M:
61 Active Listings
1 Entered Escrow in the past 30 days
20+ Months of Inventory

$8+M
36 Active Listings
3 Entered Escrow in the past 30 days
12 Months of Inventory

Only Two Days Left to Purchase your Santa Barbara Million Dollar Home Raffle Ticket!

Time is running out to purchase your Santa Barbara Million Dollar Home Raffle Tickets!  The deadline for ticket purchases is this Thursday, May 2nd, at midnight.  This year's grand prizes include a million dollar home, cash, vacations, cars, and much more.  Download a Village Properties entry form at http://santabarbaramilliondollarhomeraffle.com/vptf/.  With each ticket purchased, you are donating to the Village Properties Teacher's Fund, as well as the Santa Barbara Contemporary Arts Forum.  Don't forget to fill in "Emily McBride" alongside "VPTF Agent Name".  Thanks in advance, best of luck!