Mark A. Moseley\’s Blog

This stunning remodeled 4bd/2ba single level home offers exceptional quality and showcases exquisite newly installed travertine floors, windows & doors, recessed lighting, crown molding, smooth ceilings, fresh paint, and much more. The graciously sized family/living room offers cathedral ceilings, fireplace, and opens to a covered patio & backyard for in/outdoor entertaining. The adjoining kitchen has been beautifully updated with granite counters, maple cupboards, stainless steel appliances, and enjoys a large dining area. The master bedroom opens to a private patio and offers views of the backyard and pool. The three other bedrooms are nicely sized and one bedroom features double glass doors that open to the front yard for additional flexibility. The bathrooms have been beautifully updated with stone, tile, & decorative finishing touches. The backyard offers endless outdoor amenities including covered patio, grass area, gated pool & spa, and extra large enclosed side yard for garden, pets, storage, or other uses. Numerous fruit trees and a seedless green grape vine surround this special property. Private HOA offers use of neighborhood pool, tennis courts, and park. Conveniently located within walking distance of Ellwood beach, Ellwood mesa, Girsch Park, Camino Real Marketplace, and just 2 miles from UCSB.

OPEN SUNDAY MARCH 27, 2011 FROM 1:00 PM TO 4:00 PM.

 For more information about this fantastic home CLICK HERE.

This charming downtown Santa Barbara home was built in 1916 and extensively remodeled and expanded in 2002.   The home has three bedrooms, two and a half baths with updated electrical and plumbing.   Downstairs features a large entry, living room, dining room with fireplace and a master bedroom & bath with shower and separate tub.   The spacious downstairs remodeled kitchen has tiled counters and floors, gas stove, dishwasher, double sink and an island for food preparation and an eating bar.   Located off the kitchen are a separate laundry room and a half bath.   The upstairs was added in 2002 and consist of two bedrooms, a full bath plus a fantastic loft area which makes a great area for office, library or family room. Also upstairs is a balcony for relaxing or watching the 4th of July fireworks show.   Other amenities include dual pane windows, wood floors and high ceilings giving this 1,880 square foot home a spacious feel.                                                                                                                                
There is a relaxing deck in the rear yard with a retractable awning, a flagstone patio and a separate office, play house or storage area.   This great property is just two blocks from State Street and convenient to wonderful restaurants, shopping at Paseo Nuevo, the Farmer™s Market and Stearn™s Wharf.

For more information about this wonderful new listing click HERE.

The Santa Barbara condo market is not showing a sign of recovery like the single family home market is.   As the home market improves however, and we see fewer lower priced homes on the market, first-time homebuyers may have to look at condominiums again as their first real estate purchase.   In the past condominiums have been a great stepping stone to help  home buyers  eventually move up to a single family home.  

To see more charts and information about the Santa Barbara real estate market click HERE.

Built in 1916 and remodeled and expanded in 2002 this charming 1,880 square foot home has three bedrooms and two and a half baths.   This  wonderful property is just two block from State Street and convenient to the great restaurants, shopping at Paseo Nuevo, the Farmer™s Market and Stearn™s Wharf.   This property will be officially on the market on February 1st and will then be open on Thursday from 10:00 am to 1:30 pm and open Sunday, February 6th from noon to 3:00 pm.   For more information or a private showing please call Mark or Cathy.

December of 2010 finished with mixed signals for our Santa Barbara real estate market.   The number of closed sales was up significantly to the third highest level in 24 months.   The number of new escrows and active listings was down which is typical for the holiday season.   Unfortunately the median price for December was also down after three consecutive months of higher values.
The good news is that so far January 2011 has been very busy.   We have opened three new escrows and have a couple exciting new listings coming soon.   We have also heard from other Realtors that they are experiencing increased activity and are optimistic that 2011 will be an improvement over last year.

To see more charts about the Santa Barbara real estate market click HERE.

Condominium values still  have not stabilized like the values for homes.   We feel we need to wait and see what happens during the first quarter of 2011  to see if the condo market will begin to see signs of sustained improvement.

To view all the historical and monthly graphs for Southern Santa Barbara County click HERE.

The historical data for the number of homes sold annually and the median sales price tend to show that we have hit bottom and our local Santa Barbara real estate market may be on the rebound.

 To view all the historical and monthly graphs for Southern Santa Barbara County click HERE.

While home sales are showing definate signs of improvement condos are not showing the same positive signs.   The number of condos that closed escrow in November was down compared to last month but there were an unusually high number of condo closings in October.     The monthly median sales price dropped from $474,500 last month down to $427,500.   November did see a significant increase in the number of new escrows as compared to October 2010 and November 2009.

To view all the monthly and historical real estate graphs for Southern Santa Barbara County click HERE.

Our local real estate market for single family homes continues to show signs of improvement.   In November the number of closed escrows increased over October’s closings and the median selling price of $874,500 was an increase over October as well.   It was also a $124,500 increase over November of 2009.   The number of new escrows for November declined from the previous month but was up compared to the number of new escrows in November of 2009.

To view all the real estate graphs for Southern Santa Barbara County click HERE.

We will be holding our new listing open this Sunday, December 19th, from 1:00 PM to 4:00 PM.   This charming home sits on a quiet street on the upper Westside neighborhood of Santa Barbara and has mountain views.   The main house has three bedrooms and two baths plus there is a detached extra room with a half bath.   We have been getting very good response from the agents who have seen this property, many calling it a BEST BUY.  

For more complete information and to see a floor plan click HERE.