Low Inventory

low-inventory-blog-postHow Low is Our Inventory
Even though we are listing 5 homes a day and selling 4 inventory under $1,000,000 remains very low. There are only 145 residential units from Carpinteria to Goleta that are available. They consist of homes, condos and mobile homes.

If a single family residence is your desire there are 58 available along the South Coast. Not many to choose from when looking in a particular neighborhood. The median price is rising due to the demand on the existing supply.

The Median price is $876,000 with an average sold price of over $1M.

If it is Paradise you are in need of owning your best price is today’s market, waiting will cost you more money.

Elaine Abercrombie
Broker and Past President Santa Barbara Multiple Listing Service and Association of Realtors

Zoning Information Reports
Abercrombie Fine Homes keeping you informed.
The City of Santa Barbara has for years been issuing Zoning Information Reports (ZIR) on all property within the City limits that is up for sale. Many of these reports have been flawed.

Abercrombie Fine Homes, along with other local realtors have been working to correct this situation with the City. Click below to learn more about this ongoing and important development.

Zoning Information Reports.

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