In the Montecito properties for sale market a continued upward trend this year, defys national slump

Montecito properties for sale, sold in 2008 thus far show continued strong sales and stable value appreciation. The table below shows sales statistics to date in Montecito from January 1st as compared to this same time frame in 2007. Clearly the market strength continues here with average sale price up 33% year to date and median sale price similiarly up 29% year to date.

Total number of sales is down to date due to a stalled market early in the year caused by the sub prime over reaction, which has had an infinitesimal effect here, and that pace has recovered swiftly. The Montecito CA real estate market place once again demonstrates it insular strength to shine and is most likely a leading indicator for the rest of the area, state and country. Other Santa Barbara real estate market segments have shown similar trends as well, particularly the Santa Barbara estates market above $2.5 million. This is very good news for all market segments as the high end market can have a stimulating influence on all area Santa Barbara real estate market segments. The table below shows Montecito properties sold to date statistics.

 Santa Barbara ocean front for sale, Santa Barbara properties, Montecito estates, Santa Barbara estates and signature property market requires well informed local knowledge that is crucial to successful acquisition and sale of these rare estate properties. Custom searches of Santa Barbara properties on the beach, Santa Barbara estates, Montecito properties for sale, Montecito estatesHope Ranch real estate, Carpinteria beach estates information and anaylsis of Santa Barbara CA homes for sale,is available at http://www.RareEstates.com, a fine home sale transaction network. We have specialized local resources and knowledge of unadvertised luxury properties and qualified Santa Barbara estates properties investors searching for property acquisition. To share in our comprehensive information about Santa Barbara ocean front for sale, and privately offered Montecito estates in the Montecito, Santa Barbara estates or the Hope Ranch properties marketplace, direct your inquiries here.

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