Homes with summer features are often listed 10% higher than homes without them, check out what brings the greatest investment return.
At mid-year the market is still climbing. Prices are up slightly, but overall number of sales are down due to continued lack of inventory. Condominiums have seen the biggest increase in value, up 18% over last year.
The 2018 market has started off as a robust year with average sales price up YTD over first quarter 2017. Condos have seen a 20% increase and single family home prices have seen an 8% increase. Number of sales are down slightly.
What's popular in backyards? The majority of homeowners still want a back yard with green, but hardscape is not too far behind.
Even with the tax law changes, California’s median home price is projected to increase 3.2 percent in 2018. Overall, home sales in California are expected to grow in 2018.
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This great info gives us some terrific insight into the 2017 Santa Barbara market.