The prices in real estate in Santa Barbara, in the California region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Santa Barbara has remained the same in the last 6 months. In May, the average price per sq.feet was $927. In the following month the price per sq.feet increased to $977. In the following two months the price per sq.feet has barely changed, going from $952 to $913.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $932.75 to $898.5 during September y October
Based upon to the price in Santa Barbara (cities), these have remained the same in the last 6 months. The average price during our first sample month during May, is $2,646,810. During June the price went through a considerable rise reaching $3,361,388. During the following two months (July, August) the average price had a considerable reduction of 81 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $2,721,367.75 to $2,394,955 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $2,400,106 they are 65 % more affordable than the average price for Santa Barbara. The properties with the highest average price have 4 bedrooms, Their price is 25 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,908,878.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $810 / sq.feet, with an average $899 / sq.feet price in Santa Barbara. The properties with the lowest average prices have 1 bedroom. They are 1 % cheaper than the average followed by properties with 4 bedrooms with a price at $879 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $2,400,106 it is 46 % cheaper than the average price in Santa Barbara. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $1,965,231 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $823 / sq.feet followed by "Condo" priced at $852 / sq.feet. "Detached House" is the most costly type of property with a $1,866 / sq.feet cost followed by "House" with an average price of $947 / sq.feet.