$1M  
With an emerging upward trend of new sellers listing homes, including two over the last 30 days, and sales that have risen to four in that same time frame, the Downtown market will be heating up. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Potential buyers should note that prices went up in Downtown, with the median for this period rising from $457,000 to $1,045,000. The rising sales and a low two months of inventory point to Downtown being a definite seller's market.
Comments:

$2M  
Sales in the Downtown market remained flat at one home sold over the last 30 days, while the number of sellers reducing their list prices reached two, which continues a recent upward trend in price reductions. The median sales price remained unchanged over the latest reporting period for Downtown, coming in at $457,000. Downtown is a definite buyer's market, thanks to a big nine months of inventory to choose from and the flat sales.
Comments:

$2M  
The Downtown market saw one more home change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since November at two. During the same time frame, Woodland Hills county had the most price reductions of any other close-by neighborhood with 28. Furthermore, a three-week upward trend in pending transactions is expected to come to an end over the coming weeks. Pricing in Downtown remains consistent from last week to this week, with the median sales price at $457,000 again. Downtown is a strong buyer's market, due to a big 10 months of inventory left and aided by the flat sales.
Comments:

$1.8M  
With 13,753 residents, Downtown is a larger than average neighborhood in Santa Barbara. Also, with 9,997.3 people per square mile, it has a higher than average density in comparison to other parts of the city. The Downtown market mostly consists of detached houses, accounting for 56% of the current homes in the area. Topping the list of best schools in the neighborhood is Roosevelt Elementary School.
Comments:

$1.3M  
There was one home sale in the Downtown market over the last 30 days. Within the same time frame, the Northridge neighborhood had 47 sales, the most of all neighborhoods in the area. Downtown is still a definite buyer's market, due to the availability of 10 months of remaining inventory, even after the uptick in sales.
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$1.8M  
The Downtown market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Downtown usually averages 1.5 sales per month.
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$1.8M  
Over the last 30 days, no deals were completed in the Downtown market. Downtown is used to having 1.5 sales per month.
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$2.2M  
The Downtown market saw sales remain flat this week with two homes sold over the last 30 days and new listings also remain flat at one. The median sales price in Downtown stayed put this week at $1,272,000.
Comments:

$825K  
Sales numbers in the Downtown market remain the same with two homes sold over the last 30 days and the market still shows an identifiable trend downward overall. The median sales price in Downtown stayed flat at $1,272,000 while months of inventory fell to four.
Comments:

$965K  
The population of Downtown ranks as the second- most affluent in Santa Barbara with a median income of $50,981 per household. It also ranks as the fifth-most expensive neighborhood with a cost of living adjustment score of 183.1. Downtown is made up of homes that are considered older than most with a median of 60 years. Topping the list of best schools in the neighborhood is Roosevelt Elementary School.
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