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Winter 2012 Market Update
We co-operate with agents outside the area and give 30% referral fees. Call us toll free with all your Real Estate and Mortgage needs. (800) 995-5969 or (805) 312-0512
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| Average Home Price | $1,200,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 90-120 days |
| Prices As % of Asking Price | 85-90% |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Multiple Offers? | No |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Other |
| Nearest Metro Area | Santa Barbara |
| Housing Hot Spots | Montecito, Riviera, Hope Ranch, and any ocean view or beachfront home. |
| Average Sold Price | $1,200,000 - View Graph Trend |
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Larry Krogh
General Pacific Properties
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