some Santa Barbara real estate stats

Here are a quick summary stats for 2012 YTD vs. 2011 YTD.

This is for houses/PUDs, (no condos, mobiles). Sales are up! 

Sold HE/PU ’11 vs. ’12 Jan.-Apr.

• Number of Sold Properties
  ’11 249, ’12 340 UP +36.5%
• Median Sales Prices
  ’11 $810,000, ’12 $785,000 DOWN -3.1%
• Median Sales Prices w/o Hope Ranch/Montecito
  ’11 $706,000, ’12 $700,000 DOWN -0.8%
• Average Sold Price
  ’11 $1,275,347, ’12 $1,240,262 DOWN -2.8%
• Average Sold Price w/o Hope Ranch/Montecito
  ’11 $909,843, ’12 $821,341 DOWN -9.7%
• Sold Volume
  ’11 $317,561,610, ’12 $421,689,178 UP +32.8% 

Homes Powered by the Sun: Sell For More, Becoming New Standard

by Phoebe Chongchua

PhoebeChongchua.com 

They might be a costly addition to your home at first but solar panels are boosting a home's resale value, according to a study earlier this year by Lawrence Berkeley National Laboratory.

Homeowners may recoup their full investment from the installation and then some, when their home is sold.
Over a period of approximately a decade, about 2,000 solar homes in California were analyzed by researchers and compared to about 72,000 comparable homes not solar powered.

Here's what the study found that estimates for average photovoltaic (PV) premiums among a large number of different model specifications coalesced at a $17,000 price increase for a relatively new "average-sized" (based on the sample of homes studied) PV system of 3,100 watts (DC).

According to the report, the PV energy system is rapidly growing, especially in California where (at the time of the report) almost 100,000 were installed in mostly residential properties.
However, the report authors indicate that, "Although this research finds strong evidence that homes with PV systems in California have sold, on average, for a significant premium over comparable homes without PV systems, the authors recommend that extrapolation of these results to different locations or market conditions be done with care".

Studies like this one may be influencing builders. KB Homes announced this month that the company is making solar power a standard feature in its homes that are being developed in Southern California beginning next year. This development will apply to 28 home communities, an increase from just 10 communities in March.

To continue reading this article, please visit: RealtyTimes.com

Santa Barbara Property Sales - October 2011

Carpinteria

(REO)$185,000 4634 Ninth St

$192,000 5951 Birch St 1

$200,000 5936 Birch St 1

$203,000 7015 Gobernador Cyn

$282,000 6048 Jacaranda Way F

(REO) $350,000 1260 Franciscan Ct 11

$385,500 1413 Sterling Ave

$420,000 1484 Noma St

$520,000 4655 Aragon Dr

$615,000 1098 Linden Ave

$645,000 1477 La Jolla Pl

$1,100,000 7410 Shepard Mesa Rd

$424,792 Avg. Price
$367,750 Median Price
12 Sales

Goleta

(REO)$210,000 31 Dearborn Pl 34

(REO)$230,000 5516 Armitos Ave 79

$258,000 7105 Monique Ct

$300,000 6864 Silver Fern Ct

$325,000 7636 Hollister Ave 259

$363,000 534 Mills Way

(REO)$380,000 7017 Marymount Way

$425,000 107 Cardinal Ave

(REO)$460,000 688 La Roda Ave

(REO)$474,000 581 Poppyfield Pl

$480,000 5134 Calle Real B

$520,000 6245 Momouth Ave

(REO)$525,000 62 Touran Ln

(REO)$545,000 121 Santa Ana Ave

$557,000 523 Inwood Dr

(Reo)$632,000 7952 Winchester Cir

(Reo)$635,000 5155 Tabano Way

(Reo)$650,000 7938 Winchester Cir

$660,000 7319 Greensboro St

$687,000 5083 Parkwood Pl

$715,000 5304 Orchard Park Ln

$740,000 4976 La Ramada Dr

$750,000 5133 Walnut Park Dr

$825,000 6828 Shadowbrook Dr

$830,000 455 Orange Blossom Ln

$930,000 6784 Sueno Rd

$1,048,000 416 Mills Way

$561,259 Avg. Price
$545,000 Median Price
27 Sales

Montecito

$253,000 1125 Westmont Rd

$792,500 755 Circle Dr

$890,000 1355 Santa Clara Wy

$944,000 696 Cowles Rd

$1,060,000 116 Palm Tree Ln

$1,200,000 1368 East Valley Rd

$1,200,000 677 Orchard Ave

$1,550,000 950 Arcady Rd

$2,210,000 660 Randall Rd

$2,300,000 433 Alcala Ln

$3,300,000 275 Olive Mill Rd

$1,427,227 Avg. Price
$1,200,000 Median Price
11 Sales

Santa Barbara

$198,500 220 W Canon Perdido

(REO)$313,000 325 Ladera St 4

$325,000 1233 Richelle Ln G

$331,500 2113 Castillo #A

$340,000 1231 Stonecreek Rd D

(REO)$365,000 3663 San Remo Dr #5a

(REO)$375,000 1305 Cacique St

(REO)$375,000 2626 Calle Real

$380,000 551 E Montecito St

$380,000 557 E Montecito St

(REO)$383,000 1600 Garden St 18

$395,000 577 E Montecito St

$401,000 1709 Sycamore Cyn Rd

(REO)$405,000 433 E Micheltorena St

$410,000 535 E Montecito St

(REO)$425,000 431 E Carrillo St

$426,000 565 E Montecito St

$445,500 579 E Montecito St

(REO)$460,500 3943 Camellia Ln

$470,000 1010 N Nopal St

$475,000 222 Reef Ct

$483,500 452 Fellowship Rd

$485,000 221 Reef Ct

$485,000 2824 Miradero Dr

(REO)$485,000 418 E Sola St

$487,500 573 E Montecito St

$540,000 818 W Mission St

$560,000 823 Alberta Ave

$600,000 3508 Madrona Dr

$600,000 2525 State St 23

(REO)$605,000 305 Sherwood Dr

$615,000 202 San Nicolas

$638,000 515 W Quinto St

$682,500 227 Los Alamos

(REO)$690,000 832 Vales St

$715,000 4004 Via Lucero Unit 4

(REO)$715,000 3997 Foothill Rd

$717,000 1127 Bath St

$730,000 1576 Eucalyptus Hill

$736,000 342 Oliver Rd

$740,000 521 Carriage Hill Ct

$745,000 4018 Via Diego

$750,000 7 St Ann Dr

$750,000 316 W. Ortega #3

$753,000 1132 Crestline Dr

$775,000 1424 Pacific Ave

(REO)$777,000 218 Las Ondas

$780,000 3124 Argonne Cir

$798,500 1109 Las Olas Ave

$858,000 764 Casiano Dr

$867,000 1609 Garden St

$880,000 3677 Eileen Way

$895,000 4868 Vieja Dr

$987,000 3752 Lincoln Rd

(REO)$1,050,000 2020 Las Canoas Rd

$1,100,000 958 Arbolado Rd

$1,220,000 3084 Calle Mariposa

$1,250,000 707 E Valerio St

$1,379,000 1635 Oramas Rd

$1,400,000 1717 Mission Ridge Rd

$1,500,000 2660 Puesta Del Sol

$2,059,000 100 E Constance Ave

$3,580,000 1709 Overlook Ln

$720,113 Avg. Price
$610,000 Median Price
63 Sales

Summerland

$388,000 3960 Via Real

(REO) $500,000 2576 Lillie Ave

$3,415,000 745 Sand Point Rd

$1,434,333 Avg. Price
$500,000 Median Price
3 Sales

Total:

$739,621 Avg. Price
$610,000 Median Price
116 Sales
24% Reo Sales