Market Report - November 2024 / January, 2025
LOW INVENTORY AND HIGHER INTEREST RATES ARE LEADING TO A DROP IN SALES VOLUME. HOMES ARE STAYING ON THE MARKET A BIT LONGER. PRICES ARE STILL STRONG, ESPECIALLY FOR TURN KEY HOMES. PROPERTIES WITH ISSUES ARE SEEING PRICE REDUCTIONS. INVENTORY FOR STUDENT HOUSING HAS BEEN ON THE RISE GIVING RISE TO SOME GOOD INVESTMENT OPPORTUNITIES.
Featured Sales
6528 Sabado Tarde / 6529 Trigo Rd. Goleta Ca 93117 - 12 bedroom / 12 bath - $4,800,000 - DRME Represented the Buyer
6640 Del Playa Goleta Ca 93117 - 6 bedroom / 4 bath - $1,895,000 - DRME Represented the Buyer
6389 Silkberry Ln Goleta Ca 93117 - 4 bedroom / 3 bath - $1,600,000 - DRME Represented the Buyer
507 Mills Way Goleta CA 93117 - 4 bedroom / 2 bath - $1,366,000 - DMRE Represented the Buyer
419 Barling Terrace Goleta Ca 93117 - 1 bedroom / I bath 835 sf - $935,000 - DMRE Represented the Seller