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Santa Barbara Real Estate Buying & Selling Tips

Posted by Arthur on October 31, 2017
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Whether you are a first-time home buyer or a seasoned veteran who has bought and sold properties for decades, buying or selling a home can be a complex process. As a Santa Barbara Realtor with over a decade of experience,  we have created a resource for Home Buying and Selling in Santa Barbara that can be used as a resource for both buyers and sellers just like you. 

 

First Impressions Matter 

One of the biggest preparations sellers can make when listing their Santa Barbara CA homes for sale is to get their property ready for a buyers’ first impression. Items such as the walkway, front porch and entryway can be crucial in a buyer’s first impression. Be sure to keep these areas free from clutter, updated and fresh. Kitchens and bathrooms are also known to “sell homes.” These are great areas to consider for a few upgrades to maximize your return. Its crucial to do a walk through with your preferred Realtor to determine if any updates or changes need to be made to emphasize your home’s most marketable qualities.  

 

Maximize Your Efforts 

For buyers, it is important to first ask yourself why you want to buy a home to determine your utmost priorities: To start building equity? To raise a family? To have a place of your own? To entertain? To move up to an upgraded home? Next, you should determine the type of home you would like to have. Be specific and be sure to separate the “needs” from the “wants.” Next, would be to determine your desired location. Once you have started this process, it will be imperative to speak with a qualified loan consultant regarding a pre-qualification. These Santa Barbara Real Estate Buying and Selling Tips will assist you in maximizing your time spent exploring communities and touring homes of interest. 

 

What is the Median Home Selling Price? 

The Median Price represents the price point at which half the homes sell for more and half sell for less. The Median Price can fluctuate from month-to-month depending on the price-mix of homes sold. 

Current Price Trends South Coast of Santa Barbara County 

 

Single Family Residence/PUD Market 

Median Sales Price = $1,444,000 

Lowest Sale Price = $545,000 

Highest Sale Price = $7,175,000 

Condominium Market 

Median Sales Price = $613,000 

Lowest Sale Price = $360,000 

Highest Sale Price = $3,740,000 

 

Interested in browsing properties? Click here 

 

Should you have any questions or are looking for a qualified Realtor to represent you in your buying or selling process in Santa Barbara. I encourage you to contact Arthur Kalayjian of Santa Barbara Luxury Real Estate. 

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