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!

In Escrow - Santa Barbara Highlands Condo

This lovely Santa Barbara Highlands condo is centrally located and enjoys city and mountain views.  Tucked away from the street, this condo offers the utmost privacy.  It's a 2 bedroom 1.5 bathroom with high ceilings and a nice patio.  The back deck opens to gorgeous views of Santa Barbara. Offered for $425,000.

Just Sold - 849 Sand Point, Carpinteria - $8,800,000 - Represented Buyer

This stunning and newly constructed beach house sits above the sand with incredible views up the coast, and mountain views only add beauty to the setting.  Located at the north end of Sand Point, and overlooking Padaro Beach, this two-story home has its own private entrance and gate, a feeling of distance from neighbors, and a landscaped yard.  With 4 bedrooms and 4.5 bathrooms across approximately 3,300 square feet, this home offers plenty of space for relaxing days at the beach. The home is perfect for entertaining, with an open floor plan, large public rooms, a Nano door off the living room, a gourmet kitchen, multiple decks, and a spa. The home also offers two outdoor showers, an office area, a laundry room and additional bathroom right off the beach. The property itself sits on a 1.13 acre parcel, and the purchase of this property also included two additional parcels to the north, bringing the offering to over 2 acres in total and providing for the utmost privacy.  Offered for $8,800,000. *Represented Buyer.

2013 Continues to Show Strong Numbers

The first quarter of 2013 has shown strong numbers for real estate closings in Santa Barbara South County.  These are the highest numbers we have seen over the last five years, and we will be watching to see if this trend continues throughout 2013. More updates to come soon...

*You may click on the graph to enlarge the image.*

Just Sold - 25 Betty Drive

This charming 1930's two-bedroom, one-bath cottage with a detached garage is conveniently located in the Samarkand neighborhood.  The original home was built with redwood, and is situated on a large R-2 lot.  There are a variety of fruit trees and plenty of room for a garden.  This is an extremely private home in a great area, and at a great value! Congratulations to my clients who have purchased this home!

Originally Listed for $557,000.