A NOTE TO CLIENTS, FRIENDS & ASSOCIATES
Before too much time has gone by in the new year, we would like to wish all of our past and current clients and local community a very happy, healthy and prosperous 2014. May this new year bring you all that you wish for.
We hope that you are enjoying the newsletter/blog posts that we are emailing you. Our goal is to briefly update you with market news, housing tips, happenings in the Santa Barbara area, and other useful information. As always, we are here for you to help with any of your real estate related questions and goals… and your referrals are greatly appreciated!
Additionally, we wanted you to know that as an affiliate of Christies Great Estates and Christie’s Auctions, we can assist in real estate referrals outside of the Santa Barbara area, and also with any auction related needs with regard to art, antiques, etc…
All best, Sheela & Mark Ashton Hunt
JANUARY 2014 MONTECITO MARKET REVIEW
MONTECITO HOUSING INVENTORY
So far in 2014 here in Montecito, we have seen our housing inventory start to rebound from the a time lows of late 2013. At the end of last year there were about 100+/- homes and condo’s on the market in Montecito (not counting land offerings). As of the first week of February there are about 120+/- on the market, which would seem to be a sign that things are moving in a positive direction.
This past week on our new listing tours, there were some exciting and well priced properties to preview. Here’s hoping Spring 2014 will get us up to or above 150 homes for sale in the area or even closer to the 200 homes for sale which is a better and more normal number for the Real Estate market in Montecito
CLOSED IN MONTECITO JANUARY, 2014
Just 18 homes closed escrow in January of 2014 in Montecito. Of those 18 homes that changed hands, 14 of them were from our Montecito best buys pick list and they ranged in price from the $1.3 million range, to just over $4.8 million.
Attached are a few photographs of recently sold homes, and please follow the link below to see the 14 Best Buy properties that closed escrow in January, 2014 here in Montecito:
This link will no longer be available after 3/8/2014.
WORKING WITH SHEELA AND MARK
If you are selling a home in Montecito or Santa Barbara, please allow us to provide a detailed property price evaluation and let us share with you the ways in which we will market your home through our company, Village Properties (#1 in Santa Barbara 2012 & 2013), and their affiliates around the world through Christies International. And if you are thinking of buying a home in our area, let us show you the best opportunities and put our best buys plan into action for you!!!
Thank you again and all our best wishes for a happy and prosperous 2014.
Sheela and Mark Ashton Hunt