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Has The Santa Barbara CA. Luxury Real Estate Market Been Effected by the Financial Crisis?

Declining Luxury Real Estate Market

Yes...to anyone who is paying attention and knows this luxury market here in Santa Barbara.

For our purposes, I will refer to the the high end luxury real estate market here in the Santa Barbara CA. area as any property over the $5 million price point.

Most of our high end luxury market here in Santa Barbara CA. is found in Montecito CA, Hope Ranch CA, the foothills of Santa Barbara, anywhere directly on the water from Goleta to Carpinteria, or any type of extensive ranch / equestrian property.

Where we have been:

Since 1998, the high end luxury

Read: Full Story

View: Current Santa Barbara and Montecito Listings of Luxury Real Estate $5-10 Million

View: Current Santa Barbara and Montecito Listings of Luxury Real Estate $10 Million and above

Further Reading:

  1. The Secret of Santa Barbara and Montecito Oceanfront Property and Estates
  2. Montecito California Luxury Real Estate
  3. Articles About Santa Barbara Oceanfront
  4. Santa Barbara Luxury Real Estate - Oceanfront and Beachfront

For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

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Posted Monday May 11