Santa Barbara estates for sale, market above $5 million shows strength and growth for 2008 1st quarter.
Santa Barbara estates for sale over $5 million, the Santa Barbara luxury estates market, is showing strong growth and stability thus far in 2008. With a small sampling so far this year the indications are still apparent. The Santa Barbara estate market is showing no signs of decline or instability. Montecito estates for sale and the Hope Ranch estates market continue to shine as they have for the past several years. The chart below shows the first quarter of 2008 to date as compared to the same period last year. (statistics provided by the Santa Barbara MLS)

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