SOLD!! 214 W HALEY ST, SANTA BARBARA CA 93101

We are excited to share the sale of 214 W Haley St Santa Barbara, CA 93101. This property was a rare opportunity in the heart of downtown Santa Barbara! A beachy craftsman style home of nearly 1900 square feet, located just a few blocks from State Street, the beach and the Funk Zone. Updated and spacious, this 3 bed, 2.5 bath home with a detached artist’s studio is in impeccable condition and exudes charm. Features include 9.5’ ceilings, hardwood floors, kitchen with island and breakfast nook, large master bedroom with remodeled bath, and beautiful dining room with fireplace. The gated property boasts two Saltillo tile porches, along with a private backyard and deck, perfect for entertaining. Built in 1915, this lovely home has retained its vintage charm while embracing modern form and function.

Offered at: $1,024,000

Downtown Santa Barbara

Downtown Santa Barbara is the true hub of the city. State Street, Santa Barbara’s main drag that divides the city east and west, is at the center of the downtown that stretches from Stearns Wharf to Uptown Santa Barbara. State Street is extremely walkable and is lined with some of the best shopping in Southern California, as well as many of the best restaurants in the city. Movie theatres, cafes, and business also line State Street and the city’s financial and arts districts are adjacent to the downtown area.

Please contact us today with any of your real estate needs, view all of our current listings, search Santa Barbara listings and open house guide today!

Thank you,

Randy & Kellie

The Santa Barbara Lifestyle

Santa Barbara and Santa Ynez Market Stats

Santa Barbara County Economic Summit 2017 Program

Happy May everybody! It’s hard to believe summer is right around the corner. Just last week, we attended the Santa Barbara County Economic Summit 2017 program held at the Granada Theater. Sponsored by UCSB Economic Forecast Project, speakers included Esther George, the President of the Federal Reserve Bank of Kansas City, Tim Kehoe, Professor of Economics, University of Minnesota, Palos Holman, Inventor, Intellectual Ventures Laboratory and a number of other speakers. The program was very informative. In summary, while the Federal Reserve is set to raise rates at least twice before the end of the year, it is their opinion that the market will stay strong for the foreseeable future. We have now had 94 consecutive months of growth with unemployment going from 10% down to 4.4% over the past nearly 8 years. The labor market is strong and household savings have increased. What this means for us in real estate is that it appears that we will have a steady growth and those properties that are properly priced should sell rather quickly.

Santa Barbara Real Estate Update:

Single family homes:

# of Sales Median List Price Average List Price Median Sold Price Average Sold Price
April-2017: 94 $1,282,000 $1,638,609 $1,240,000 $1,589,001
April-2016: 104 $1,199,000 $1,592,940 $1,174,500 $1,538,594

single family homes: jANUARY 1ST-APRIL 30TH

2016 2017 % Up or Down
# Sold Properties: 323 330 Up +2.15%
Median Sold Price: $1,250,000 $1,200,000 Down -4%
Median Sold Price: $1,002,500 $1,025,000 Down -2.25% w/o Hope Ranch & Montecito
Average Sold Price: $1,795,820 $1,691,118 Down -5.8%
Average Sold Price: $1,201,655 $1,327,514 Up +10% w/o Hope Ranch & Montecito

Residential: january-april 2013-2017

Year # of Properties Sold Median Sold Price
2017: 330 $1,200,000
2016: 323 $1,250,000
2015: 340 $1,050,750
2014: 302 $1,079,500
2013: 395 $895,000

Condos:

# of Sales Median List Price Average List Price Median Sold Price Average Sold Price
April-2017: 37 $599,900 $766,032 $599,000 $754,042
April-2016: 36 $699,500 $807,316 $7,000 $788,046

Condos: january 1st-april 30th

2016 2017 % Up or Down
# Sold Properties: 78 91 Up +14.3%
Median Sold Price: $699,500 $575,000 Down -9.8%
Median Sold Price: $580,000 $570,000 Down -1.7% w/o Montecito
Average Sold Price: $929,508 $654,880 Down -29.5%
Average Sold Price: $696,639 $643,065 Down -7.7% w/o Montecito

Condos: january-april 2013-2017

Year # of Properties Sold Median Sold Price
2017 130 $585,000
2016 115 $690,000
2015 171 $570,000
2014 116 $550,000
2013 127 $459,000

Santa Ynez Valley Real estate update:

(Single family homes, condos and planned developments)

Homes, condos, planned development:

# of Sales Median List Price Average List Price Median Sold Price Average Sold Price
April-2017: 31 $849,900 $1,129,010 $800,000 $1,075,488
April-2016: 21 $630,000 $758,326 $625,000 $743,905

Homes, condos, planned development: january 1st-april 30th

2016 2017 % Up or Down
# Sold Properties: 75 93 Up +19.35%
Average List Price: $911,122 $1,012,227 Up +10%
Average Sold Price: $868,175 $964,825 Up +10%
Median List Price: $697,000 $779,500 Up + 10.6%
Median Sales Price: $675,000 $753,000 Up +10.3%

We would like to thank the Santa Barbara Association of Realtors, Coldwell Banker and the North Santa Barbara County MLS for providing us with our information. As always if you are thinking of buying or selling, or know someone who is, please think of us and make sure you check out our new website at:  www.TheSantaBarbaraLifestyle.com

SOLD! 31 LA CUMBRE CIRCLE SANTA BARBARA CA 93105

We were thrilled to represent the buyers of this wonderful Santa Barbara property. One of the best locations in the La Cumbre Circle, 31 La Cumbre Circle, Santa Barbara!! End unit adjacent to pool, spa, clubhouse and exercise room. Beautiful flagstone patio professionally designed with a full wall of ultimate privacy. Remodeled bathrooms, plantation shutters, parquet floors, and built-in bookcases in the living room & both bedrooms. Solatubes and skylight make the rooms light and bright! Automatic sun shades on the west side of the kitchen with remote control. Attached 2-car garage.

SOLD for: $679,000

Please contact us today with any of your real estate needs, view all of our current listings, search Santa Barbara listings and open house guide today!

Thank you,

Randy & Kellie

The Santa Barbara Lifestyle

514 Foxen Drive Santa Barbara, CA 93105

This wonderful 3BD/2BA San Roque home set on a nearly 1/3-acre lot near the highly acclaimed Monte Vista School. This tastefully renovated residence offers a spacious circular floor plan surrounding an elegant living room with fireplace. There is a large, detached artist’s studio (or 4th BR/office) with high ceilings and access to the park-like entertaining spaces outside. The light and airy remodeled kitchen is full of upgrades — such as granite counters, custom cabinetry, and rotating pantry shelving — and flows into a cozy dining room with views of the charming neighborhood. High-quality finishes abound, including hardwood floors, crown molding, and A/C. Listed at $1,450,000

This featured property will be open this Thursday-Sunday at the following days/times below:

Thursday, April 27 … 10:00-1:00
Saturday, April 292:00-4:00
Sunday, April 302:00-4:00

The San Roque Neighborhood in Santa Barbara, CA

As Santa Barbara Co. explains, “Bounded by Ontare Road, Foothill Road, Alamar Avenue, and State Street, the San Roque-Rutherford Park area is one of Santa Barbara’s choicest neighborhoods. It is located northwest of downtown and if you take the Las Positas exit from Highway 101 and head towards the mountains, you’ll dead end right into it. Several schools and parks pepper the area allowing for a safe environment for children to play in. Peabody School and San Roque School reside nearby, allowing children to walk to school in a safe and timely manner. Stevens, Willowglen, and San Roque Parks all provide ample opportunity for child-like fun.”

 

We hope to see you this today and this weekend at the open house and we hope to hear from you if you are interested in viewing this listing. Please contact us today with any of your real estate needs, view all of our current listings, search Santa Barbara listings and open house guide today!

Thank You,

Kellie & Randy

The Santa Barbara Lifestyle