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Santa Barbara Market Recap: November 2024
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I love this time of year! Weather is warm, holiday spirits are high, and there is this fantastic-mad-real-estate-rush as we slam into the end of the year.
November took some hits, between the election & holiday kick off, Seller's have reduced prices, inventory has increased slightly & Buyers appear to be playing a game of cat and mouse! Let's review together:
$1M-$2.99M: Sales increased from 39 in 2023 to 45 in 2024 (+15.4% YoY). This range remains the most active.